Why Economists Should Pay Heed to Sociology

TY - JOUR

T1 - Why Economists Should Pay Heed to Sociology

AU - Hechter, Michael Norman

PY - 2015

Y1 - 2015

N2 - Gintis and Helbing suggest that certain elements from classical sociological theory can be usefully incorporated into a general equilibrium model, thereby providing a superior explanation of social behavior. Although the paper seemingly is addressed to sociologists, I argue that their message is likely to fall on deaf ears. Instead, their paper should properly be addressed to economists. Whether economists are prepared to listen, however, is an open question.

AB - Gintis and Helbing suggest that certain elements from classical sociological theory can be usefully incorporated into a general equilibrium model, thereby providing a superior explanation of social behavior. Although the paper seemingly is addressed to sociologists, I argue that their message is likely to fall on deaf ears. Instead, their paper should properly be addressed to economists. Whether economists are prepared to listen, however, is an open question.

U2 - 10.1561/105.00000020

DO - 10.1561/105.00000020

M3 - Journal article

SN - 2326-6198

VL - 2

SP - 89

EP - 92

JO - Review of Behavioral Economics

JF - Review of Behavioral Economics

IS - 1-2

ER -