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Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The … -- Evolutionary adaptation and the economic concept of bounded rationality--a dialogue / Peter Hammerstein -- Group report : Is there … learning, and preparedness as mechanisms of bounded rationality / Kevin N. Laland -- Decision making in superorganisms : how …
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, and the management of bounded rationality and its evolutionary consequences. Clem Tisdell successfully combines recent … developments in learning and game theory, transaction costs and evolutionary economics to provide new insights into economic and … organizations. Bounded Rationality and Economic Evolution will be of particular use to economists, academics in management, business …
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This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the … neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
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