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29 relations: Amos Tversky, Behavioral economics, Consumer price index, Contract, Economics, Eldar Shafir, Empirical evidence, Fiat money, Fiscal illusion, Framing (social sciences), Heuristic, Homo economicus, Huw Dixon, Hyperinflation, Inflation, Irving Fisher, John Maynard Keynes, Law, Macroeconomics, Map–territory relation, Money, Nominal rigidity, Peter Diamond, Phillips curve, Proceedings of the National Academy of Sciences of the United States of America, Purchasing power, Quarterly Journal of Economics, Real versus nominal value (economics), Salience (language).
Amos Tversky
Amos Nathan Tversky (עמוס טברסקי; March 16, 1937 – June 2, 1996) was a cognitive and mathematical psychologist, a student of cognitive science, a collaborator of Daniel Kahneman, and a figure in the discovery of systematic human cognitive bias and handling of risk.
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Behavioral economics
Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.
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Consumer price index
A consumer price index (CPI) measures changes in the price level of of and purchased by households.
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Contract
A contract is a promise or set of promises that are legally enforceable and, if violated, allow the injured party access to legal remedies.
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Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
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Eldar Shafir
Eldar Shafir (Hebrew: אלדר שפיר) is an American behavioral scientist, and the co-author of Scarcity: Why Having Too Little Means So Much (with Sendhil Mullainathan).
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Empirical evidence
Empirical evidence, also known as sensory experience, is the information received by means of the senses, particularly by observation and documentation of patterns and behavior through experimentation.
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Fiat money
Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.
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Fiscal illusion
Fiscal illusion is a public choice theory of government expenditure first developed by the Italian economist Amilcare Puviani in his 1903 book Teoria della illusione finanziaria (Theory of Financial Illusion (not yet translated into English, but translated into German in 1960 under the title Die Illusionen in der öffentlichen Finanzwirtschaft, Berlin: Dunker & Humblot, 1960)).
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Framing (social sciences)
In the social sciences, framing comprises a set of concepts and theoretical perspectives on how individuals, groups, and societies, organize, perceive, and communicate about reality.
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Heuristic
A heuristic technique (εὑρίσκω, "find" or "discover"), often called simply a heuristic, is any approach to problem solving, learning, or discovery that employs a practical method, not guaranteed to be optimal, perfect, logical, or rational, but instead sufficient for reaching an immediate goal.
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Homo economicus
The term homo economicus, or economic man, is a caricature of economic theory framed as a "mythical species" or word play on homo sapiens, and used in pedagogy.
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Huw Dixon
Huw David Dixon (/hju: devəd dɪksən/), born 1958, is a British economist. He has been a professor at Cardiff Business School since 2006, having previously been Head of Economics at the University of York (2003–2006) after being a Professor of economics there (1992–2003), and the University of Swansea (1991–1992), a Reader at Essex University (1987–1991) and a lecturer at Birkbeck College (University of London) 1983–1987.
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Hyperinflation
In economics, hyperinflation is very high and typically accelerating inflation.
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Inflation
In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.
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Irving Fisher
Irving Fisher (February 27, 1867 – April 29, 1947) was an American economist, statistician, inventor, and Progressive social campaigner.
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John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
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Law
Law is a system of rules that are created and enforced through social or governmental institutions to regulate behavior.
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Macroeconomics
Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.
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Map–territory relation
The map–territory relation describes the relationship between an object and a representation of that object, as in the relation between a geographical territory and a map of it.
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Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.
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Nominal rigidity
Nominal rigidity, also known as price-stickiness or wage-stickiness, describes a situation in which the nominal price is resistant to change.
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Peter Diamond
Peter Arthur Diamond (born, 1940) is an American economist known for his analysis of U.S. Social Security policy and his work as an advisor to the Advisory Council on Social Security in the late 1980s and 1990s.
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Phillips curve
The Phillips curve is a single-equation empirical model, named after William Phillips, describing a historical inverse relationship between rates of unemployment and corresponding rates of rises in wages that result within an economy.
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Proceedings of the National Academy of Sciences of the United States of America
Proceedings of the National Academy of Sciences of the United States of America (PNAS) is the official scientific journal of the National Academy of Sciences, published since 1915.
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Purchasing power
Purchasing power (sometimes retroactively called adjusted for inflation) is the number and quality or value of goods and services that can be purchased with a unit of currency.
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Quarterly Journal of Economics
The Quarterly Journal of Economics is a peer-reviewed academic journal published by the Oxford University Press.
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Real versus nominal value (economics)
In economics, a real value of a good or other entity has been adjusted for inflation, enabling comparison of quantities as if prices had not changed.
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Salience (language)
Salience is the state or condition of being prominent.
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References
[1] https://en.wikipedia.org/wiki/Money_illusion
