@misc{GrossPitsoulis, author = {Groß, Steffen and Pitsoulis, Athanassios}, title = {"The Other Side of the Argument": Isaiah Berlin versus F.A. von Hayek on Liberty, Public Policies and the Market}, series = {Constitutional Political Economy}, volume = {26}, journal = {Constitutional Political Economy}, number = {4}, issn = {1572-9966}, doi = {10.1007/s10602-015-9193-3}, pages = {475 -- 494}, language = {en} } @misc{Schnellenbach, author = {Schnellenbach, Jan}, title = {Does Classical Liberalism Imply an Evolutionary Approach to Policy-Making?}, series = {Journal of Bioeconomics}, volume = {17}, journal = {Journal of Bioeconomics}, number = {1}, issn = {1573-698}, doi = {10.1007/s10818-014-9188-6}, pages = {53 -- 70}, abstract = {This paper argues that an evolutionary approach to policy-making, which emphasizes openness to change and political variety, is particularly compatible with the central tenets of classical liberalism. The chief reasons are that classical liberalism acknowledges the ubiquity of uncertainty, as well as heterogeneity in preferences and beliefs, and generally embraces gradual social and economic change that arises from accidental variation rather than deliberate, large-scale planning. In contrast, our arguments cast doubt on a different claim, namely that classical liberalism is particularly compatible with the evolutionary biological heritage of humans.}, language = {en} } @misc{SchnellenbachSchubert, author = {Schnellenbach, Jan and Schubert, Christian}, title = {Behavioral political economy: A survey}, series = {European Journal of Political Economy}, volume = {40}, journal = {European Journal of Political Economy}, number = {B}, issn = {0176-2680}, doi = {10.1016/j.ejpoleco.2015.05.002}, pages = {395 -- 417}, abstract = {In explaining individual behavior in politics, economists should rely on the same motivational assumptions they use to explain behavior in the market: that is what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, individuals who play the game of politics should also be considered rational and self-interested, unlike the benevolent despot of traditional welfare economics. History repeats itself with the rise of behavioral economics: Assuming cognitive biases to be present in the market, but not in politics, behavioral economists often call for government to intervene in a "benevolent" way. Recently, however, political economists have started to apply behavioral economics insights to the study of political processes, thereby re-establishing a unified methodology. This paper surveys the current state of the emerging field of "behavioral political economy" and considers the scope for further research.}, language = {en} }