What is the Substantivist Formalist Debate in Economic Anthropology?

substantivist formalist debate

The substantivist formalist debate is a theoretical argument in economic anthropology that revolves around the question of whether economic phenomena and activities can be explained purely based on universal principles of economic theory, or whether they are culturally specific and embedded in social relations.

What is Social Contract Theory?

social contract theory

Social contract theory is a political and moral theory that asserts that individuals give up some of their individual freedoms in exchange for protection and security provided by the government.

An Introduction to Game Theory

An Introduction to Game Theory

Game theory is the study of strategic decision-making. It allows us to analyse how individuals make decisions in situations where the outcomes depend on the actions of others.