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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
This book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as …pt. 1. Knowledge and beliefs in the history of economic analysis : Marshallians, Austrians and Walrasians -- pt. 2 …. Knowledge and beliefs in game theory -- pt. 3. Beliefs and decision theory -- pt. 4. Knowledge, beliefs and cognitive economics …
Persistent link: https://www.econbiz.de/10011851754
, 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
ecological rationality research program, it presents the main factors that determine economic choices, before exploring the most … the general issues surrounding economic choices, such as preferences, beliefs and emotions, and on the heuristic …
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
Behavior and Organization, 53, 3-35 -- Viktor J. Vanberg (2004), 'The Rationality Postulate in Economics: Its Ambiguity, its …
Persistent link: https://www.econbiz.de/10011852267