The Economics of Rationality

The Economics of Rationality | Bill Gerrard | Politics & Government | Economics | eBooks

by Bill Gerrard

The Economics of Rationality ~~ Microsoft Reader eBook

Microsoft Reader eBook

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Windows 98+, Tablet PC, Pocket PC 2003

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Price: $120.74

Economics of Rationality ~~ Mobipocket eBook

Mobipocket eBook

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Easy to install, Very Compatible, Touch-screen page turning, Bookmarks, Adjustable font size and color, Search.

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Price: $105.32

The Economics of Rationality Summary:

Containing a number of critical perspectives on the treatment of rationality in economics, this offers insights from diverse areas of economics which casts doubt on the feasibility of a single notion of rationality within this field of study

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.

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