Economics of Rationality

Regular price €248.00
Quantity:
In stock with our UK publisher. 14-28 days
Delivery/Collection within 10-20 working days
14 days return policy Shipping & Delivery
alternatives
behavioural economics
Bergson Samuelson Social Welfare Function
bounded rationality
Category=KCA
Category=KCP
Co-ordination Games
Condition IIA
critiques of rational agent model
cultural influences economics
decision theory
economic methodology
Empirical Tractability
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Estimate Power Functions
expected
Expected Utility Theory
Feasible Choice Set
function
game theoretic analysis
independence
Individual Indifference
Individual Indifference Curves
Individual Marginal Rates
Individual Preference Orderings
irrelevant
Keynes Claims
Limited Computational Capacity
Multidimensional Policy Space
Numeraire Commodity
objective
Ordinal Utility Function
Party II
Player II
probability
SEU Theory
Simple Choice Situations
Social Choice Mechanism
Social Choice Rule
Standard Gamble
Standard Gamble Utilities
theory
Transitive Preferences
treatise
utility

Product details

  • ISBN 9780415068758
  • Weight: 430g
  • Dimensions: 138 x 216mm
  • Publication Date: 07 Jan 1993
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
Secure checkout Fast Shipping Easy returns

The concept of rationality is the heart of modern economics. Neo-classical theory seems unable to proceed without assuming a rational agent seeking to find the optimal means to a well defined end. Yet many find this uncritical treatment of rationality problematic. It takes little account of culture history or creativity and consequently many economists find this insistence on rationality of little use when trying to explain a wide range of economic phenomena. Increasingly these include a large number of game theorists and others involved in mainstream theory as well as those typically opposed to neo-classicism.
The Economics of Rationality contains a number of critical perspectives on the treatment of rationality in economics.