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#EconomicTheory

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RedNirgal<p><a href="https://mastodon.social/tags/Capitalists" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Capitalists</span></a> understand and accept <a href="https://mastodon.social/tags/Marx" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Marx</span></a> and his <a href="https://mastodon.social/tags/economicTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economicTheory</span></a> more than what they think or want to admit. <br>They know very well that <a href="https://mastodon.social/tags/machines" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>machines</span></a> can't and don't create <a href="https://mastodon.social/tags/profit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>profit</span></a>. Only <a href="https://mastodon.social/tags/humanlabour" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>humanlabour</span></a> produces profit.</p><p><a href="https://mastodon.social/tags/Automation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Automation</span></a> and <a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AI</span></a> will <a href="https://mastodon.social/tags/free" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>free</span></a> <a href="https://mastodon.social/tags/humans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>humans</span></a> from certain kinds of <a href="https://mastodon.social/tags/labour" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>labour</span></a> only when we abandon capitalism and the chase of profit.</p><p><a href="https://time.com/6247678/openai-chatgpt-kenya-workers/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">time.com/6247678/openai-chatgp</span><span class="invisible">t-kenya-workers/</span></a></p>
Sven Fischer<p>&quot;Behavioural and heuristic models are as-if models too – and that’s ok&quot;</p><p>An overdue discussion and analysis by Ivan Moscati. <br /><a href="https://doi.org/10.1017/S0266267123000093" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://</span><span class="ellipsis">doi.org/10.1017/S0266267123000</span><span class="invisible">093</span></a></p><p>So far, I am not sure his suggested &#39;as-if mentalism&#39; is helpful or anything other than a new muddled term.... but its a very long paper and I probably need to read it again. </p><p><a href="https://econtwitter.net/tags/behavioraleconomics" class="mention hashtag" rel="tag">#<span>behavioraleconomics</span></a> <a href="https://econtwitter.net/tags/EconomicTheory" class="mention hashtag" rel="tag">#<span>EconomicTheory</span></a> <a href="https://econtwitter.net/tags/economicpsychology" class="mention hashtag" rel="tag">#<span>economicpsychology</span></a> <a href="https://econtwitter.net/tags/decisiontheory" class="mention hashtag" rel="tag">#<span>decisiontheory</span></a> <a href="https://econtwitter.net/tags/economicphilosophy" class="mention hashtag" rel="tag">#<span>economicphilosophy</span></a></p>
DTCochrane<p><a href="https://econtwitter.net/tags/EconomicTheory" class="mention hashtag" rel="tag">#<span>EconomicTheory</span></a> must account for <a href="https://econtwitter.net/tags/power" class="mention hashtag" rel="tag">#<span>power</span></a>.</p>
Marciano Siniscalchi 🇺🇦<p>Really happy to see this paper published: <a href="https://econtheory.org/ojs/index.php/te/article/view/20221619" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://</span><span class="ellipsis">econtheory.org/ojs/index.php/t</span><span class="invisible">e/article/view/20221619</span></a></p><p>Two reasons. First, a number of (IMHO) important recent papers are finally unlocking the potential of epistemic game theory to push the frontier beyond equilibrium in significant economic applications. This paper definitely belongs to this category.</p><p>Second, Luciano Pomatto was my student back in the day, and I had a lot of fun learning from him. Congrats! And someone please get him on 🐘 </p><p><a href="https://econtwitter.net/tags/econtwitter" class="mention hashtag" rel="tag">#<span>econtwitter</span></a> <a href="https://econtwitter.net/tags/EconomicTheory" class="mention hashtag" rel="tag">#<span>EconomicTheory</span></a></p>