Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/277107 
Authors: 
Year of Publication: 
2007
Citation: 
[Journal:] Intervention. Zeitschrift fuer Ökonomie / Journal of Economics [ISSN:] 2195-3376 [Volume:] 04 [Issue:] 2 [Year:] 2007 [Pages:] 253-275
Publisher: 
Metropolis-Verlag, Marburg
Abstract: 
The individual, economic agent has antecedents and consequences that shape her perceptions of the world, in other words, form the individual's mental models. Furthermore, the individual is a totality of mental models, which shape perception and influence the selection of relevant models to apply to data and interpret input. The influence of mental models therefore directly influences the degree of agency the individual is able to exercise. Moreover, whatever assumptions are made regarding the degree of agency an individual possesses informs the theoretical structure from which any approach to economics is built. This paper seeks to examine and compare the role of agency in heterodox economic thought and proposes that the theme of the individual might well serve as a missing link between otherwise disparate groups of thought.
Subjects: 
agency
structure
institutions
mental models
heterodox economics
JEL: 
B40
B51
B52
B53
B59
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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