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Journal Articles

(1) Journal Articles (peer-reviewed; all single-authored unless note)

  1. Khalil, Elias L. and Alain Marciano “A Theory of Tasteful and Distasteful Transactions,” Kyklos, 2018, 71:1, forthcoming.
  2. “Exploitation and Efficiency.”  Review of Black Political Economy, online 13 October 2017 (
  3.  “Making Sense of Self-Deception: Distinguishing Self-Deception from Delusion, Moral Licensing, Cognitive Dissonance and Other Self-Distortions.”  Philosophy, online 18 September 2017 (
  4. “Socialized View of Man vs. Rational Choice Theory: What Does Smith’s Sympathy Have to Say?” Journal of Economic Behavior and Organization, 2017, 143, pp. 223-240. (
  5. “Distinguishing Injustice, Exploitation and Harm: The Impossibility Result.”  Theoria: Journal of Social and Political Theory, September 2017, 64:3 (Issue 152), pp. 24-52.
  6. Khalil, Elias L. and Kevin Wu.  “Explicit vs Implicit Proprietorship: Can Endowment Effect Theory Explain Exchange Asymmetry?”  Economics Letters, 2017, 154, pp. 117–119. (
  7. “Self-Deception as a Weightless Mask.” Facta Universitatis, Series: Philosophy, Sociology, Psychology, and History, 2016, 15:1, pp. 1-11.
  8. “Temptations as Impulsivity: How far are Regret and the Allais Paradox from Shoplifting?” Economic Modelling, 2015, 51, pp. 551–559.
  9. “The Fellow-Feeling Paradox: Hume, Smith and the Moral Order.”  Philosophy, October 2015, 90:4, pp. 653-678. (doi:10.1017/S0031819115000339)
  10. “What Determines the Boundary of Civil Society? Hume, Smith and the Justification of European Exploitation of non-Europeans.”  Theoria: A Journal of Social and Political Theory, March 2013, 59:135, pp. 26-49.
  11. “Practical Beliefs vs. Scientific Beliefs: Two Kinds of Maximization.”  Theory and Decision, 2013, 74:1, pp. 107-126. (DOI: 10.1007/s11238-012-9338-z)
  12. “Lock-in Institutions and Efficiency.”  Journal of Economic Behavior and Organization, April 2013, 88, pp. 27-36. (
  13. “The Temper Tantrums of Nations: Why Would Weak Nations Challenge Hegemonic Nations?”  International Negotiation: A Journal of Theory and Practice, August 2012, 17:2, pp. 321-346.
  14. Marciano, Alain and Elias L. Khalil.  “Optimization, Path Dependence and the Law: Can Judges Promote Efficiency?”  International Review of Law and Economics, March 2012, 32:1, pp. 72-82. (
  15. “Why Europe? A Critique of Institutionalist and Culturalist Economics.”  Journal of Economic Surveys, 2012, 26:2, pp. 351–372. (http://doi:10.1111/j.1467-6419.2010.00654.x)
  16. “Rational, Normative and Procedural Theories of Beliefs: Can They Explain Internal Motivations?”  Journal of Economic Issues, September 2011, 45:3, pp. 641-664.
  17.  “The Mirror Neuron Paradox: How Far is Understanding from Mimicking?”  Journal of Economic Behavior and Organization, January 2011, 77:1, pp. 86-96.  (
  18. “Are Plants Rational?”  Biological Theory, 2010, 5:1, pp. 53–66.
  1. Khalil, Elias L. and Alain Marciano. “The Equivalence of Neo-Darwinism and Walrasian Equilibrium: In Defense of Organismus economicus.”  Biology & Philosophy, March 2010, 25:2, pp. 229-248.  (DOI: 10.1007/s10539-009-9172-z)
  1. “The Bayesian Fallacy: Distinguishing Internal Motivations and Religious Beliefs from Other Beliefs.”  Journal of Economic Behavior and Organization, August 2010, 75:2, pp. 268-280. (DOI: 10.1016/j.jebo.2010.04.004)
  1. “Adam Smith’s Concept of Self-Command as a Solution to Dynamic Inconsistency and the Commitment Problem.” Economic Inquiry, January 2010, 48:1, pp. 177-191. (DOI:10.1111/j.1465-7295.2008.00182.x)
  2. “Natural Selection and Rational Decision: Two Concepts of Optimization.” Journal of Evolutionary Economics, June 2009, 19:3, pp. 417-435.  (DOI: 10.1007/s00191-008-0120-x)
  3. Ewing, Michael T., Colin P. Jevons, and Elias L. Khalil. “Brand Death: A Developmental Model of Senescence.”  Journal of Business Research, March 2009, 62:3, pp. 332-338.  (DOI: 10.1016/j.busres.2008.04.004)
  4. “The Problem of Creativity: Distinguishing Technological Action and Cognitive Action.” Revue de Philosophie Économique, December 2007, 8:2, pp. 33-69.
  5. Jevons, Colin, Michael T. Ewing, and Elias L. Khalil. “Managing Brand Demise.”  Journal of General Management, Summer 2007, 32:4, pp. 73-81.
  6. “An Anatomy of Authority: Adam Smith as Political Theorist.” Cambridge Journal of Economics, January 2005, 29:1, pp. 57-71.
  7. “The Gift Paradox: Complex Selves and Symbolic Goods.” Review of Social Economy, September 2004, 62:3, pp. 379-392.
  8. “The Three Laws of Thermodynamics and the Theory of Production.” Journal of Economic Issues, March 2004, 38:1, pp. 201-226.  (Reprinted in Robert Ayres and Steve Keen (eds.), Energy and Economic Theory, chapter 26.  Cheltenham, UK: Edward Elgar, )
  9. “What is Altruism?” Journal of Economic Psychology, February 2004, 25:1, pp. 97-123. (Followed by a mini-symposium consisting of three comments and a reply).
  10. “Is Adam Smith Liberal?” Journal of Institutional and Theoretical Economics, December 2002, 158:4, pp. 664-694.
  11. “Information, Knowledge and the Close of Friedrich Hayek’s System.” Eastern Economic Journal, Summer 2002, 28:3, pp. 319-341.  (Followed with a comment by Peter J. Boettke, pp. 343-349.)
  12. “Adam Smith and Three Theories of Altruism.” Recherches Économiques de Louvain – Louvain Economic Review, 2001, 67:4, pp. 421-435.
  13. “Survival of the Most Foolish of Fools: The Limits of Evolutionary Selection Theory.” Journal of Bioeconomics, 2000, 2:3, pp. 203-220.
  14. “Types of Metaphor and Identificational Slips in Economic Discourse.” Research in the History of Economic Thought and Methodology, 2000, 18A, pp. 83-105.
  15. “Making Sense of Adam Smith’s Invisible Hand: Beyond Pareto Optimality and Unintended Consequences.” Journal of the History of Economic Thought, March 2000, 22:1, pp. 49-63.
  16. “Beyond Natural Selection and Divine Intervention: The Lamarckian Implication of Adam Smith’s Invisible Hand.” Journal of Evolutionary Economics, 2000, 10:4, pp. 373-393.  (lead article.)
  17. “Symbolic Products: Prestige, Pride and Identity Goods.” Theory and Decision, August 2000, 49:1, pp. 53-77.
  18. “Sentimental Fools: A Critique of Amartya Sen’s Notion of Commitment.”  Journal of Economic Behavior and Organization, December 1999, 40:4, pp. 373-386.
  19. “Two Kinds of Order: Thoughts on the Theory of the Firm.” Journal of Socio-Economics, Spring 1999, 28:2, pp. 157-173.
  20. “Institutions, Naturalism and Evolution.” Review of Political Economy, January 1999, 11:1, pp. 61-81.
  21. “The Janus Hypothesis.” Journal of Post Keynesian Economics, Winter 1998-99, 21:2, pp. 315-342.
  22. “Is Justice the Primary Feature of the State? Adam Smith’s Critique of Social Contract Theory.” European Journal of Law and Economics, November 1998, 6:3, pp. 215-230.  (lead article.)
  23. “The Five Careers of the Biological Metaphor in Economic Theory.” Journal of Socio-Economics, Spring 1998, 27:1, pp. 29-52.
  24. “Evolutionary Biology and Evolutionary Economics.” Journal of Interdisciplinary Economics, 1997, 8:4, pp. 221-244.  (lead article.)
  25. “Friedrich Hayek’s Theory of Spontaneous Order: Two Problems.” Constitutional Political Economy, 1997, 8:4, pp. 301-317.
  26. “Etzioni versus Becker: Do Moral Sentiments Differ from Ordinary Tastes?” De Economist, December 1997, 145:4, pp. 491-520.  (lead article.)
  27. “Chaos Theory versus Heisenberg’s Uncertainty: Risk, Uncertainty and Economic Theory.” American Economist, Fall 1997, 41:2, pp. 27-40.
  28. “Biological Metaphors, Socio-Economic Theory and Reductionism.” Economic Issues, September 1997, 2:2, pp. 45-57.
  29. “Is the Firm an Individual?” Cambridge Journal of Economics, July 1997, 21:4, pp. 519-544.
  30. “The Red Queen Paradox: A Proper Name for a Popular Game.” Journal of Institutional and Theoretical Economics, June 1997, 153:2, pp. 411-415.
  31. “Buridan’s Ass, Uncertainty, Risk, and Self-Competition: A Theory of Entrepreneurship.” Kyklos, 1997, 50:2, pp. 147-163.  (lead article.)  (Awarded the K. William Kapp Prize by the European Association for Evolutionary Political Economy, 1997.)
  32. “Symbolic Inputs: Positional, Reference and Publicity Goods.” Finnish Economic Papers, Spring 1997, 10:1, pp. 20-34.
  33. “Economics, Biology, and Naturalism: Three Problems Concerning the Question of Individuality.” Biology & Philosophy, April 1997, 12:2, pp. 185-206.
  34. “Production and Environmental Resources: A Prelude to an Evolutionary Framework.” Southern Economic Journal, April 1997, 63:4, pp. 929-946.
  35. “Respect, Admiration, Aggrandizement: Adam Smith as Economic Psychologist.” Journal of Economic Psychology, September 1996, 17:5, pp. 555-577.
  36. “Kenneth Boulding: Ecodynamicist or Evolutionary Economist?” Journal of Post Keynesian Economics, Fall 1996, 19:1, pp. 83-100.  (Reprinted in Wilfred Dolfsma and Stefan Kestingch (eds.) Interdisciplinary Economics: Kenneth E. Boulding’s Engagement in the Sciences.  London: Routledge, 2013, ch. 2a, pp. 33-47.)
  37. “Non-linear Dynamics versus Development Processes: Two Kinds of Change.” The Manchester School, September 1996, 64:3, pp. 309-322.
  38. “Friedrich Hayek’s Darwinian Theory of Evolution of Institutions: Two Problems.” Australian Economic Papers, June 1996, 35:66, pp. 183-201.
  39. “What is Economic Action? From Marshall and Robbins to Polanyi and Becker.” Journal of the History of Economic Thought, Spring 1996, 18:1, pp. 13-36.
  40. “Economic Action, Naturalism, and Purposefulness.” Research in the History of Economic Thought and Methodology, 1996, 14, pp. 119-140.
  41. “The Socioculturalist Agenda in Economics: Critical Remarks of Thorstein Veblen’s Legacy.” Journal of Socio-Economics, Winter 1995, 24:4, pp. 545-569.
  42. “Ecological Economics and Ecological Darwinism.” Journal of Biological Systems, December 1995, 3:4, pp. 1211-1244.
  43. “Nonlinear Thermodynamics and Social Science Modeling: Fad Cycles, Cultural Development and Identificational Slips.” American Journal of Economics and Sociology, October 1995, 54:4, pp. 423-438.
  44. “Organizations, Naturalism, and Complexity.” Review of Social Economy, Fall 1995, 53:3, pp. 393-419.
  45. “Organizations Versus Institutions.” Journal of Institutional and Theoretical Economics, September 1995, 151:3, pp. 445-466.   Reprinted in B. Guy Peters and Jon Pierre (eds.) Institutionalism.  SAGE Library of Political Science series, 2007.
  46. “Individual Separateness or Universal Scheme? A Note on Neo-Darwinian vs. Non-Darwinian Evolutionary Social Science.” Human Nature, 1995, 6:1, pp. 91-94.
  47. “On the Scope of Economics: What is the Question?” Finnish Economic Papers, Spring 1995, 8:1, pp. 40-55.
  48. “Has Economics Progressed? Rectilinear, Historicist, Universalist, and Evolutionary Historiographies.” History of Political Economy, Spring 1995, 27:1, pp. 43-87.
  49. “Ecological Economics, Neoclassical Economics and the Technological/Institutional Regime of Production.” British Review of Economic Issues, February 1995, 17:41, pp. 41-70.  (New title: Economic Issues.)
  50. “The Implication for Socialism of Marx’s Theory of the Tendency of the Rate of Profit to Fall.” Journal of the History of Economic Thought, Fall 1994, 16:2, pp. 292-309.
  51. “Nature and Abstract Labor in Marx.” Social Concept, June 1992, 6:2, pp. 91-117.
  52. “Marx’s Understanding of the Essence of Capitalism.” History of Economics Review, Winter 1992, 17, pp. 19-32.
  53. “Adam Smith’s Concept of Labor-Commanded: A Study in Misinterpretation.” New York Economic Review, Fall 1991, 21:2, pp. 34-49.
  54. “Beyond Self-Interest and Altruism: A Reconstruction of Adam Smith’s Theory of Human Conduct.” Economics and Philosophy, October 1990, 6:2, pp. 255-273.  (Reprinted in Stefano Zamagni (ed.) The Economics of Altruism.  Aldershot, UK: Edward Elgar, 1995.)
  55. “Entropy Law and Exhaustion of Natural Resources: Is Nicholas Georgescu-Roegen’s Paradigm Defensible?” Ecological Economics, 1990, 2:2, pp. 163-178.
  56. “Rationality and Social Labor in Marx.” Critical Review, Winter/Spring 1990, 4:1&2, pp. 239-265.
  57. “Natural Complex vs. Natural System.” Journal of Social and Biological Structures, February 1990, 13:1, pp. 11-31.  (Awarded the Sir Geoffrey Vickers Memorial Award, International Society for General Systems Research, 1988.)
  58. “Adam Smith and Albert Einstein: The Aesthetic Principle of Truth.” History of Economics Society Bulletin, Fall 1989, 11:2, pp. 222-237.  (The Bulletin renamed later: Journal of the History of Economic Thought)
  59. “The Process of Capitalist Accumulation: A Review Essay of David Levine’s Contribution.” Review of Radical Political Economics, Winter 1987, 19:4, pp. 76-85.
  60. “Sir James Steuart vs. Professor James Buchanan: Critical Notes on Modern Public Choice.” Review of Social Economy, October 1987, 45:2, pp. 113-132. (lead article)


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