... monetary analogues to the physics principle of energy conservation. Subsequent approaches turned to the stochastic dynamics of economic processes, including those of labor and property income modeled as a drift-diffusion processes. Our paper is in the latter tradition, but our specifications of drift...

... 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. © 2015 M. Hechter 2015 M. Hechter Licensed re-use rights only Economics Sociology Rational choice theory Norms...

... arguments for the future of sociology as a separate discipline. © 2015 G. M. Hodgson 2015 G. M. Hodgson Licensed re-use rights only Preferences Rational choice theory Utility Altruism Morality Evolution Sociology Economics The paper by Herbert Gintis and Dirk Helbing – in which...