This book is intended as a textbook for a course in behavioral economics for advanced undergraduate and graduate students who have already learned basic economics. The book will also be useful for introducing behavioral economics to researchers. Unlike some general audience books that discuss...

This unique book on international business presents a critical review of the role of bounded rationality in internationalization process (IP) research. Corporate internationalization processes have been a subject of scientific debate for several decades. However, it is questionable whether...

This book challenges the generally accepted theories of classical economics, explaining why the expected utility theory, even if it were true, fails to be of much help in solving economic controversies

Chapter 1 Preface -- Part I Mechanism Design under Bounded Rationality -- Chapter 2 Introduction -- Chapter 3 Complexity constraints and mechanism design -- Chapter 4 Learning, probabilistic choice, and mechanism design -- Chapter 5 Some other models of mechanism design under bounded rationality...

Susan Pulham und Michael Deeken analysieren die Rationalität und mit ihr verbundene Einschränkungen am Beispiel von (privaten) Anlegern. Die AutorInnen geben zuerst einen Überblick über verschiedene Rationalitätsverständnisse in der soziologischen und wirtschaftswissenschaftlichen...

1 Bounded Rationality in the 21st Century (Stephen J. Guastello) -- 2 Theoretical issues in cognitive workload and fatigue (Stephen J. Guastello) -- 3 Experimental Analysis of Cusp Models (Stephen J. Guastello, Anton Shircel, Matthew Malon, Paul Timm, Kelsey Weinberger, and Katherine Reiter) --...

This book pursues a nonlinear approach in considering both chaotic dynamical models and agent-based simulation models of economics, as well as their dynamical behaviors. Three key concepts arising in this context are “nonlinearity,” “bounded rationality” and “heterogeneity,” which...

This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the...

This study discusses the implications of the recursive or self-reflexive effects of economic theories on bounded rational behaviour and interaction. It focuses on the mechanisms through which bounded rational actors perceive the self-referential nature of economic theories and might absorb their...