Showing 1 - 10 of 337,447
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 …
Persistent link: https://www.econbiz.de/10010390070
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 …
Persistent link: https://www.econbiz.de/10010390395
For non-economists, it is often difficult to understand why economists place so much emphasis on the self-interest motive. It is obvious that people act out of a variety of motives - gratitude, anger, social obligation and many, many other motives. There are several reasons why economists still...
Persistent link: https://www.econbiz.de/10012425266
Persistent link: https://www.econbiz.de/10013453157
Persistent link: https://www.econbiz.de/10000167766
Persistent link: https://www.econbiz.de/10001361792
Computational Techniques for Modelling Learning in Economics offers a critical overview of the computational techniques that are frequently used for modelling learning in economics. It is a collection of papers, each of which focuses on a different way of modelling learning, including the...
Persistent link: https://www.econbiz.de/10013518846
Persistent link: https://www.econbiz.de/10013551371
, 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 …
Persistent link: https://www.econbiz.de/10014473915
Persistent link: https://www.econbiz.de/10013552309