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Rationality, Bounded Rationality and Microfoundations: Foundations of Theoretical Economics

Rationality, Bounded Rationality and Microfoundations: Foundations of Theoretical Economics

Hardcover

Economics

ISBN10: 0230004806
ISBN13: 9780230004801
Publisher: Springer Nature
Published: Nov 28 2006
Pages: 309
Weight: 1.23
Height: 0.88 Width: 5.50 Depth: 8.50
Language: English
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.

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Economics