Bilimovich as agrarian economist

The Economist as Plumber

De Economist

We analyze the dynamic behaviour of firms that locally interact through price competition in a social environment in an evolutionary game-theoretic model. These firms update their prices according to the behavioural rule ‘Win Cooperate, Lose Defect’ ~WCLD!, which is often observed in experimental economics. It can be regarded as a generalized Tit-for-Tat strategy. The model can explain the simu...

Adam Smith , Behavioral Economist

Adam Smith, Behavioral Economist

I n The Wealth of Nations, published in 1776, Adam Smith famously argued that economic behavior was motivated by self-interest. But 17 years earlier in 1759, Smith had proposed a theory of human behavior that looks anything but selfinterested. In his first book, The Theory of Moral Sentiments, Smith argued that behavior was determined by the struggle between what Smith termed the “passions” and...

Modernity, Rationality and Citizenship: Swedish Agrarian Organizations as Seen Through the Lens of the Agrarian Press, circa 1880-1917

By the end of the 19 and during the early 20 centuries, the majority of the Swedish population lived off the land. In 1870, 72 percent of the population were engaged in agriculture, and 82 percent of the population lived in the countryside. Of the farmers, the majority were smallholders, as 64 percent of all Swedish farms had between 2 and 20 hectares arable land. This structure did not change ...