Rationality, Bounded Rationality and Microfoundations
Download or Read eBook Rationality, Bounded Rationality and Microfoundations PDF written by R. Salehnejad and published by Springer. This book was released on 2006-11-28 with total page 321 pages. Available in PDF, EPUB and Kindle.
Author | : R. Salehnejad |
Publisher | : Springer |
Total Pages | : 321 |
Release | : 2006-11-28 |
ISBN-10 | : 9780230625150 |
ISBN-13 | : 0230625150 |
Rating | : 4/5 (50 Downloads) |
Book Synopsis Rationality, Bounded Rationality and Microfoundations by : R. Salehnejad
Book excerpt: This book challenges the generally accepted theories of classical economics, explaining why the expected utility theory, even if it were true, fails to be of much help in solving economic controversies.