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Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology h

The main theme of this book is the methodological problem of rationality in economic thought. The author investigates the different interpretations of this prob

The concept of economic rationality is important for the historical evolution of Economics as a scientific discipline. The common idea about this concept -even

Standard economics theory is built on the assumption that human beings act rationally in their own self interest. But if rationality is such a reliable factor,

The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by