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The following analysis is meant to contribute to a history of rational choice theory. More specifically, I provide a … multi-layered account of rational choice theory in terms of its biography as a scientific object. I argue that its axiomatic … version, choice theory traveled between different research sites, specified within the context of different mathematical …
Persistent link: https://www.econbiz.de/10011707612
mathematical tools. It covers topics such as economic behavior, consumer theory, theory of the firm, partial and general … equilibrium theory, industrial organization, bargaining theory, and Pareto optimality. Students learn not only about economic …
Persistent link: https://www.econbiz.de/10013465857
This essay reviews new histories of the role of game theory and rational decision-making in shaping the social sciences … raise a number of complex historical questions about the interconnections among game theory, utility theory, decision-theory …, optimization theory, information theory and theories of rational choice. Moreover the contingencies of time, place, and person call …
Persistent link: https://www.econbiz.de/10011524189
A Nash equilibrium can also be seen as a Cournot-Nash equilibrium, though this is debated because Cournot provided a specific application, not a general formulation. In my view, another of Nash's fundamental contributions stands out when contrasting him to Cournot. Cournot treated economic...
Persistent link: https://www.econbiz.de/10011378728
A Nash equilibrium can also be seen as a Cournot-Nash equilibrium, though this is debated because Cournot provided a specific application, not a general formulation. In my view, another of Nash's fundamental contributions stands out when contrasting him to Cournot. Cournot treated economic...
Persistent link: https://www.econbiz.de/10013012251
This essay reviews new histories of the role of game theory and rational decision-making in shaping the social sciences … number of complex historical questions about the interconnections among game theory, utility theory, decision-theory …, optimization theory, information theory and theories of rational choice. Moreover the contingencies of time, place, and person call …
Persistent link: https://www.econbiz.de/10011598915
Disciplinary mobility occurs when researchers publish outside their disciplines of origin. It is an important mechanism of interdisciplinarity and knowledge transfer. Behavioral economics (BE) was founded by two psychologists, Daniel Kahneman and Amos Tversky, who used disciplinary mobility to...
Persistent link: https://www.econbiz.de/10013212972
Rational outcomes of a social system do not necessarily require its individual par-ticipants to be rational. In macro systems, aggregate properties distinct from the behavior of their micro level components can emerge through complex interactions. Caution in building social sciences on...
Persistent link: https://www.econbiz.de/10014236642
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