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This book is an important addition to the emerging body of new work on capital. Its primary contribution is in analysing capital investment choice as a process. The understanding of this process requires some modification and significant extension to the standard neo-classical economic tools....
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 …
Persistent link: https://www.econbiz.de/10014474112
, and the management of bounded rationality and its evolutionary consequences. Clem Tisdell successfully combines recent … 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 comprehensive second edition of The Elgar Companion to Social Economics presents an overview of a dynamic and growing field in economics that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in...
Persistent link: https://www.econbiz.de/10011850811
As this comprehensive Companion demonstrates, social economics is a dynamic and growing field that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in the larger web of social and ethical...
Persistent link: https://www.econbiz.de/10011851593
ecological rationality research program, it presents the main factors that determine economic choices, before exploring the most …
Persistent link: https://www.econbiz.de/10014372512
1. The intellectual evolution of a non-economist : 1890-1900 -- 2. Pareto and Vailati : a forgotten exchange on choice and action -- 3. The methodological dispute between Pareto and Croce -- 4. Guidelines for Paretian methodology -- 5. More wars than peace : Pareto and English economists -- 6. A...
Persistent link: https://www.econbiz.de/10012420103
1. Introduction -- 2. Tools of the trade : rational choice -- 3. Religion -- 4. Greed, lust, sloth and waste -- 5. Envy and jealousy -- 6. Lies and deceit -- 7. Matters of life and death -- 8. Addiction -- 9. Adultery -- 10. Prostitution -- 11. Conclusion.
Persistent link: https://www.econbiz.de/10012420111
This book explores the pre-conditions for conflict in terms of growth failure and critically appraises the greed and grievance theories common to conflict literature. It is argued that various institutional mechanisms of restraint that can be labeled the 'social contract' are crucial for violent...
Persistent link: https://www.econbiz.de/10011851390
Choice modelling is an area of growing popularity as many researchers and consultants seek to find better ways to explain the choices made by individuals, households and firms in many application contexts such as transportation, health services, environmental science, marketing, finance,...
Persistent link: https://www.econbiz.de/10011852150