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consistent in revealing that groups behave closer to the game-theoretical assumption of rationality and selfishness than …
Persistent link: https://www.econbiz.de/10009416117
The weak rationality principle is not an empirical statement but a heuristic rule of how to proceed in social sciences …-foundation and, therefore, employ the rationality assumption in economic models. Then, with reference to the ‘bounded rationality … a part of the rationality assumption. We conclude with some remarks on handling the problems of ‘free will’ as well as …
Persistent link: https://www.econbiz.de/10005406455