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¶ … Spontaneous Order," Robert Sugden argues that certain patterns of behavior that can lead to certain economic structures or activities can arise spontaneously in communities of individuals. These structures, such as a seemingly random system of driftwood ownership rights in Yorkshire, survive because they are easily replicated, Sugden argues. If this is the case, it would seem that more simplistic economic structures would be more prevalent due to their easier replicability, yet this is not really the case -- an issue Sugden does not deal with sufficiently. Similarly, H. Peyton Young identifies the evolution of conventions as an important economic concept, showing that classical game theory is inadequate in light of human subjectivities. Both of these articles examine the failure of previous modes of thinking in capturing or accurately modeling human behavior when making economic decisions, though Young's more concrete approach is far more convincing. That is, it is relatively easy to understand and agree with Sugden's argument concerning the development of certain spontaneous structures of order and decision-making, but his concept of replicability being the key element in their survival is les clearly rendered.
Response 3
In contrast to the readings immediately...
Veblen comes to this conclusion for several reasons, not the least of which is that in practice the theories and classifications of evolutionary sciences simply do not have a great deal to say that is directly on topic. Specifically, Veblen contends that a taxonomic rather than an evolutionary approach to economics has been and remains the most useful grand theoretical framework for this area of human knowledge. At the same time, he sees that knowledge is beginning to be organized in sequence, and thus insists that economics must become evolutionary in order to remain current. The length and complexity of Veblen's argument makes it difficult to determine with any sort of concrete certainty what he is saying, or how the implications of his observations can be brought to bear on further investigations and developments in economic theory and knowledge. Though interesting, Veblen's discussion seems entirely esoteric and ultimately impractical -- something he himself seems to acknowledge at certain points. Ultimately, he seems to be arguing, the evolutionary or non-evolutionary nature of economics as a science is a matter of…
Nursing Grand Theory Grand Theory The nursing grand theory is the framework which guides and organizes the knowledge in nursing and explains the nursing phenomena at a more specific level. The nursing grand theory was put forth by Afaf Meleis who constructed on theory which combines the set of concepts, relationships, definitions and assumptions or propositions which are derived from the models of nursing in order to give a systematic view of
Orlando's Nursing Process Theory The Grand Theory chosen for this assignment is the Orlando's Nursing Process Theory. This theory was formulated by Ida Jean Orlando. The theory was based on inductive reasoning and is still considered one of the most followed nursing practice theories. The theory is based on the most basic principles of interaction between the patient and the nurse practitioner. This theory highlights how a patient makes a
Range Theory MID RANGE THEORY OF SPIRITUAL WELL BEING Middle Range Theory of Spiritual Well Being in Illness Nurse meta-theorists have recently been very much concerned about the different seasons of the patient's life, which has supported and promoted the development of middle range theories in the field of nursing. This is due to the reason that these theories focus on the specific health and illness issues instead of discussing the general
Grand Theory in Nursing Nursing theory Classification of nursing theories Nursing theories are classified into there broad categories. These theories are grand theories, middle-range theories and situation specific theories. Grand nursing theories are very broad in scope and present general propositions and concepts in the nursing discipline. The theories at this level give both a reflection and provide insights that are useful in the nursing practice but they are not designed to be
With the widening of economic interdependence and spread of democratic norms, liberalism envisions a slow journey away from the realists' vision. Liberalists do not view a state as a single actor in war, but rather as a coalition of coalitions that is representing different individuals and groups. Limitations of state power, rule of law, transparency of democratic and government processes will make it easier for the sustenance of international cooperation. In
Grand Jury: Needed or Not? The United States is the only common law jurisdiction in the world that still uses the grand jury for purposes of screening criminal indictments. The grand jury issues an indictment for crime only if based on the evidence that has been presented it finds that there is a probable cause for one to believe that a crime has been committed by the suspect .this is unlike