Bounded rationality:
Understanding how we take economic decisions and how we depart from rational choice theory has become increasingly important to understanding the workings of the economy at all levels. The concept of bounded rationality has been central to that endeavour and is used in economic models to shed light...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Newcastle upon Tyne
Agenda Publishing
2023
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| Series: | Economy, key ideas
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| Subjects: | |
| Online Access: | DE-12 DE-473 Volltext |
| Summary: | Understanding how we take economic decisions and how we depart from rational choice theory has become increasingly important to understanding the workings of the economy at all levels. The concept of bounded rationality has been central to that endeavour and is used in economic models to shed light on real-life behaviour, which has led to specific policy implications that would otherwise have gone unappreciated.<br><br>This introduction presents the key concepts and approaches adopted in the field of bounded rationality. The exposition is non-technical and free from any mathematical expressions and workings. The focus throughout is primarily on the behaviour of individuals or organizations within given situations rather than on macroeconomic concerns. The book examines how the field has evolved since its beginnings and assesses the strengths and weaknesses of its current research programme, including its relationship with behavioural economics.<br><br>The book is excellent preparatory reading for degree-level courses in economics as well as specific courses in behavioural economics and philosophy of economics.<br><br>This introduction presents the key concepts and approaches adopted in the field of bounded rationality. The exposition is non-technical and free from any mathematical expressions and workings. The focus throughout is primarily on the behaviour of individuals or organizations within given situations rather than on macroeconomic concerns. The book examines how the field has evolved since its beginnings and assesses the strengths and weaknesses of its current research programme, including its relationship with behavioural economics |
| Item Description: | Title from publisher's bibliographic system (viewed on 08 Jan 2024) |
| Physical Description: | 1 Online-Ressource (vii, 112 Seiten) |
| ISBN: | 9781788212595 |
| DOI: | 10.1017/9781788212595 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T23:37:33Z |
| indexdate | 2024-07-20T07:25:56Z |
| institution | BVB |
| isbn | 9781788212595 |
| language | English |
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| spelling | Mallard, Graham 1982- (DE-588)1138300748 aut Bounded rationality Graham Mallard Newcastle upon Tyne Agenda Publishing 2023 1 Online-Ressource (vii, 112 Seiten) txt rdacontent c rdamedia cr rdacarrier Economy, key ideas Title from publisher's bibliographic system (viewed on 08 Jan 2024) Understanding how we take economic decisions and how we depart from rational choice theory has become increasingly important to understanding the workings of the economy at all levels. The concept of bounded rationality has been central to that endeavour and is used in economic models to shed light on real-life behaviour, which has led to specific policy implications that would otherwise have gone unappreciated.<br><br>This introduction presents the key concepts and approaches adopted in the field of bounded rationality. The exposition is non-technical and free from any mathematical expressions and workings. The focus throughout is primarily on the behaviour of individuals or organizations within given situations rather than on macroeconomic concerns. The book examines how the field has evolved since its beginnings and assesses the strengths and weaknesses of its current research programme, including its relationship with behavioural economics.<br><br>The book is excellent preparatory reading for degree-level courses in economics as well as specific courses in behavioural economics and philosophy of economics.<br><br>This introduction presents the key concepts and approaches adopted in the field of bounded rationality. The exposition is non-technical and free from any mathematical expressions and workings. The focus throughout is primarily on the behaviour of individuals or organizations within given situations rather than on macroeconomic concerns. The book examines how the field has evolved since its beginnings and assesses the strengths and weaknesses of its current research programme, including its relationship with behavioural economics Decision making Economics / Mathematical models Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Eingeschränkte Rationalität (DE-588)4403080-0 gnd rswk-swf Eingeschränkte Rationalität (DE-588)4403080-0 s Wirtschaftstheorie (DE-588)4079351-5 s DE-604 Erscheint auch als Druck-Ausgabe 978-1-78821-257-1 Erscheint auch als Druck-Ausgabe 978-1-78821-258-8 https://doi.org/10.1017/9781788212595 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Mallard, Graham 1982- Bounded rationality Decision making Economics / Mathematical models Wirtschaftstheorie (DE-588)4079351-5 gnd Eingeschränkte Rationalität (DE-588)4403080-0 gnd |
| subject_GND | (DE-588)4079351-5 (DE-588)4403080-0 |
| title | Bounded rationality |
| title_auth | Bounded rationality |
| title_exact_search | Bounded rationality |
| title_exact_search_txtP | Bounded rationality |
| title_full | Bounded rationality Graham Mallard |
| title_fullStr | Bounded rationality Graham Mallard |
| title_full_unstemmed | Bounded rationality Graham Mallard |
| title_short | Bounded rationality |
| title_sort | bounded rationality |
| topic | Decision making Economics / Mathematical models Wirtschaftstheorie (DE-588)4079351-5 gnd Eingeschränkte Rationalität (DE-588)4403080-0 gnd |
| topic_facet | Decision making Economics / Mathematical models Wirtschaftstheorie Eingeschränkte Rationalität |
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