Two Conceptions of Economics and Maximization

Autores
Crespo, Ricardo Fernando
Año de publicación
2013
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Economics has evolved from a ‘domain-focused’ conception, i.e. the study of specific kinds of human activities, to a ‘scarcity-based’ conception, i.e. the study of a particular approach to all human choices. It thus enlarged its domain and narrowed its perspective: instrumental maximising. This paper maintains that economics should be domain focused, with a core of scarcity-based analysis of its domain, integrated into a broader analysis. It also holds that the scarcity-based analysis of realities falling outside the economic domain is not economics, but rather a social science broader in respect to the field but narrower in respect to the analysis, and thus partial in its conclusions. Section 2 introduces these versions of economics, Section 3 links them to specific conceptions of rationality, Section 4 provides arguments for the paper’s thesis and Section 5 deals with two related versions of maximisation and argues for adopting one of them.
Fil: Crespo, Ricardo Fernando. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Austral. Instituto de Altos Estudios; Argentina
Materia
Definition of Economics
Definition of Maximisation
Relation with Other Social Sciences
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/12234
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spelling Two Conceptions of Economics and MaximizationCrespo, Ricardo FernandoDefinition of EconomicsDefinition of MaximisationRelation with Other Social Scienceshttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5Economics has evolved from a ‘domain-focused’ conception, i.e. the study of specific kinds of human activities, to a ‘scarcity-based’ conception, i.e. the study of a particular approach to all human choices. It thus enlarged its domain and narrowed its perspective: instrumental maximising. This paper maintains that economics should be domain focused, with a core of scarcity-based analysis of its domain, integrated into a broader analysis. It also holds that the scarcity-based analysis of realities falling outside the economic domain is not economics, but rather a social science broader in respect to the field but narrower in respect to the analysis, and thus partial in its conclusions. Section 2 introduces these versions of economics, Section 3 links them to specific conceptions of rationality, Section 4 provides arguments for the paper’s thesis and Section 5 deals with two related versions of maximisation and argues for adopting one of them.Fil: Crespo, Ricardo Fernando. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Austral. Instituto de Altos Estudios; ArgentinaOxford University Press2013-02info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/12234Crespo, Ricardo Fernando; Two Conceptions of Economics and Maximization; Oxford University Press; Cambridge Journal Of Economics; 37; 4; 2-2013; 759-7740309-166X1464-3545enginfo:eu-repo/semantics/altIdentifier/url/https://academic.oup.com/cje/article-abstract/37/4/759/1711390/Two-conceptions-of-economics-and-maximisation?redirectedFrom=fulltextinfo:eu-repo/semantics/altIdentifier/doi/10.1093/cje/bes076info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-10-22T12:04:39Zoai:ri.conicet.gov.ar:11336/12234instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-10-22 12:04:39.43CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Two Conceptions of Economics and Maximization
title Two Conceptions of Economics and Maximization
spellingShingle Two Conceptions of Economics and Maximization
Crespo, Ricardo Fernando
Definition of Economics
Definition of Maximisation
Relation with Other Social Sciences
title_short Two Conceptions of Economics and Maximization
title_full Two Conceptions of Economics and Maximization
title_fullStr Two Conceptions of Economics and Maximization
title_full_unstemmed Two Conceptions of Economics and Maximization
title_sort Two Conceptions of Economics and Maximization
dc.creator.none.fl_str_mv Crespo, Ricardo Fernando
author Crespo, Ricardo Fernando
author_facet Crespo, Ricardo Fernando
author_role author
dc.subject.none.fl_str_mv Definition of Economics
Definition of Maximisation
Relation with Other Social Sciences
topic Definition of Economics
Definition of Maximisation
Relation with Other Social Sciences
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv Economics has evolved from a ‘domain-focused’ conception, i.e. the study of specific kinds of human activities, to a ‘scarcity-based’ conception, i.e. the study of a particular approach to all human choices. It thus enlarged its domain and narrowed its perspective: instrumental maximising. This paper maintains that economics should be domain focused, with a core of scarcity-based analysis of its domain, integrated into a broader analysis. It also holds that the scarcity-based analysis of realities falling outside the economic domain is not economics, but rather a social science broader in respect to the field but narrower in respect to the analysis, and thus partial in its conclusions. Section 2 introduces these versions of economics, Section 3 links them to specific conceptions of rationality, Section 4 provides arguments for the paper’s thesis and Section 5 deals with two related versions of maximisation and argues for adopting one of them.
Fil: Crespo, Ricardo Fernando. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Austral. Instituto de Altos Estudios; Argentina
description Economics has evolved from a ‘domain-focused’ conception, i.e. the study of specific kinds of human activities, to a ‘scarcity-based’ conception, i.e. the study of a particular approach to all human choices. It thus enlarged its domain and narrowed its perspective: instrumental maximising. This paper maintains that economics should be domain focused, with a core of scarcity-based analysis of its domain, integrated into a broader analysis. It also holds that the scarcity-based analysis of realities falling outside the economic domain is not economics, but rather a social science broader in respect to the field but narrower in respect to the analysis, and thus partial in its conclusions. Section 2 introduces these versions of economics, Section 3 links them to specific conceptions of rationality, Section 4 provides arguments for the paper’s thesis and Section 5 deals with two related versions of maximisation and argues for adopting one of them.
publishDate 2013
dc.date.none.fl_str_mv 2013-02
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/12234
Crespo, Ricardo Fernando; Two Conceptions of Economics and Maximization; Oxford University Press; Cambridge Journal Of Economics; 37; 4; 2-2013; 759-774
0309-166X
1464-3545
url http://hdl.handle.net/11336/12234
identifier_str_mv Crespo, Ricardo Fernando; Two Conceptions of Economics and Maximization; Oxford University Press; Cambridge Journal Of Economics; 37; 4; 2-2013; 759-774
0309-166X
1464-3545
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://academic.oup.com/cje/article-abstract/37/4/759/1711390/Two-conceptions-of-economics-and-maximisation?redirectedFrom=fulltext
info:eu-repo/semantics/altIdentifier/doi/10.1093/cje/bes076
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Oxford University Press
publisher.none.fl_str_mv Oxford University Press
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 12.982451

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