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adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new …
Persistent link: https://www.econbiz.de/10014473863
rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of … that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such … of game and decision theory …
Persistent link: https://www.econbiz.de/10014474112
, and the management of bounded rationality and its evolutionary consequences. Clem Tisdell successfully combines recent … developments in learning and game theory, transaction costs and evolutionary economics to provide new insights into economic and … organizations. Bounded Rationality and Economic Evolution will be of particular use to economists, academics in management, business …
Persistent link: https://www.econbiz.de/10014473915
This fascinating Handbook defines how knowledge contributes to social and economic life, and vice versa. It considers the five areas critical to acquiring a comprehensive understanding of the knowledge economy: the nature of the knowledge economy; social, cooperative, cultural, creative, ethical...
Persistent link: https://www.econbiz.de/10011850859
This challenging book extends standard economic theory to take into account the presence of heterogeneity among … in explaining empirical phenomena than much of the existing theory. The result of this approach to economic theory which … abandon rigorous analysis. This important book will be welcomed by those interested in both macro and micro economic theory …
Persistent link: https://www.econbiz.de/10014473961
wars than peace : Pareto and English economists -- 6. A Unitarian reading of Pareto's paradoxes in the theory of choice …. This book reconstructs the genesis and significance of Pareto's theory of choice which is Pareto's greatest contribution to …
Persistent link: https://www.econbiz.de/10012420103
international environmental agreement (IEA). Finus shows that by integrating real world restrictions into a model, game theory is a …
Persistent link: https://www.econbiz.de/10011851032
This book summarises the latest achievements of researchers involved in the application of game theory to the analysis …, including cooperative and non-cooperative game theory, and analyse both dynamic and static games. They illustrate the …
Persistent link: https://www.econbiz.de/10011851610
The international character of today's most pressing environmental problems has become a key challenge for environmental policy making. As regulation by a supranational authority is not a realistic option at present, policymakers have to rely on decentralized approaches to the management of...
Persistent link: https://www.econbiz.de/10014473876
Essays on Game Theory is a unique collection of seven of John Nash's essays which highlight his pioneering contribution … to game theory in economics. Featuring a comprehensive introduction by Ken Binmore which explains and summarizes John … Nash's achievements in the field of non-cooperative and cooperative game theory, this book will be an indispensable …
Persistent link: https://www.econbiz.de/10014473974