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  1.  57
    The Financial Crisis and the Systemic Failure of the Economics Profession.David Colander, Michael Goldberg, Armin Haas, Katarina Juselius, Alan Kirman, Thomas Lux & Brigitte Sloth - 2009 - Critical Review: A Journal of Politics and Society 21 (2-3):249-267.
    ABSTRACT Economists not only failed to anticipate the financial crisis; they may have contributed to it?with risk and derivatives models that, through spurious precision and untested theoretical assumptions, encouraged policy makers and market participants to see more stability and risk sharing than was actually present. Moreover, once the crisis occurred, it was met with incomprehension by most economists because of models that, on the one hand, downplay the possibility that economic actors may exhibit highly interactive behavior; and, on the other, (...)
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  2.  2
    Complex Economics: Individual and Collective Rationality.Alan Kirman - 2011 - Routledge.
    The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This (...)
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  3.  28
    Is It Rational to Have Rational Expectations?Alan Kirman - 2014 - Mind and Society 13 (1):29-48.
    In economics in situations where there is uncertainty one has to attribute some attitude to handling this uncertainty to individuals. The original idea was to assume that “people do not make systematic mistakes” for which Muth coined the term “rational expectations”. This was replaced by a much more formal vision which suggested that people fully understand how the economy evolves. In this paper I will argue that the foundations of the “rational expectations” hypothesis which has underpinned most recent modern macroeconomic (...)
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  4.  13
    Do Markets Foster Selfishness?Alan Kirman & Miriam Teschl - 2010 - Revue de Philosophie Économique 11 (1):113.
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  5.  26
    Uncertainty, Decision Science, and Policy Making: A Manifesto for a Research Agenda.David Tuckett, Antoine Mandel, Diana Mangalagiu, Allen Abramson, Jochen Hinkel, Konstantinos Katsikopoulos, Alan Kirman, Thierry Malleret, Igor Mozetic, Paul Ormerod, Robert Elliot Smith, Tommaso Venturini & Angela Wilkinson - 2015 - Critical Review: A Journal of Politics and Society 27 (2):213-242.
    ABSTRACTThe financial crisis of 2008 was unforeseen partly because the academic theories that underpin policy making do not sufficiently account for uncertainty and complexity or learned and evolved human capabilities for managing them. Mainstream theories of decision making tend to be strongly normative and based on wishfully unrealistic “idealized” modeling. In order to develop theories of actual decision making under uncertainty, we need new methodologies that account for how human actors often manage uncertain situations “well enough.” Some possibly helpful methodologies, (...)
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  6.  13
    The Economic Entomologist: An Interview with Alan Kirman.Alan Kirman - 2011 - Erasmus Journal for Philosophy and Economics 4 (2):42.
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  7.  24
    Rethinking Rational Expectations in Complex Economic Systems: Cars Hommes' Resurrection of Poincaré's View.Alan Kirman - 2014 - Journal of Economic Methodology 21 (3):313-316.
  8.  12
    La pensée évolutionniste dans la théorie économique néoclassique.Alan Kirman - 1998 - Philosophiques 25 (2):219-237.
    Cette communication traite de l'utilisation des concepts évolutionnaires en économie. Une approche a été d'utiliser Vidée de révolution comme une vague analogie. Il y a deux exemples de ce type d'approche. Certains; comme Friedman, ont utilisé la notion de sélection naturelle afin de justifier le modèle standard de la théorie économique, celui d'Arrow-Debreu. D'autres ont utilisé l'idée d'évolution comme base à une critique de la nature fermée et statique de ce modèle. Une autre approche a été de prendre l'idée de (...)
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