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ecological rationality research program, it presents the main factors that determine economic choices, before exploring the most … algorithms applied by people in decision-making processes, among which there are outstanding social concerns. Drawing these … of economics, management and the wider social sciences curious about decision-making procedures"-- …
Persistent link: https://www.econbiz.de/10014372512
This seminal work advances beyond neoclassical economics to provide an integrated overview of economic decision making …, and the management of bounded rationality and its evolutionary consequences. Clem Tisdell successfully combines recent … managerial phenomena. The results are applied to different levels of decision-making, including decisions by individuals, taking …
Persistent link: https://www.econbiz.de/10014473915
Computer Science. Bounded rationality, satisficing and heuristic search are just a few of his seminal ideas that pioneered …
Persistent link: https://www.econbiz.de/10014544819
', Theory and Decision, 8, 229-54 -- Daniel McFadden (1974), 'Conditional Logit Analysis of Qualitative Choice Behavior', in …
Persistent link: https://www.econbiz.de/10011852150
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
"This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, a key technique used across disciplines as diverse as transport, marketing, health and environmental economics. Composed of contributions from influential senior researchers,...
Persistent link: https://www.econbiz.de/10014635731
It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by...
Persistent link: https://www.econbiz.de/10012420017
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
Some famous pioneers together with the most promising new practitioners in the field show within this book how they define their subject. This is an authoritative survey of important branches of evolutionary economics, containing innovative new perspectives on market dynamics and evolutionary...
Persistent link: https://www.econbiz.de/10014474051
, D. and Tversky, A. (1979), 'Prospect theory: An analysis of decision under risk', Econometrica, 46, 263-91. -- Keynes, J …
Persistent link: https://www.econbiz.de/10011852162