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 …

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 …

how the imperfections of human rationality shape individual decisions and behaviors, the implications of these … rationally (in the sense of rational choice theory) pursuing them. This leads to a certain skepticism towards the idealization of … democracy as human rationality in pursuit of the common good, which serves to provide cover for those who profit from the …

technological evolution; (ii) The theory of the firm in evolving environments; (iii) The formalization of learning processes; (iv …) the theory of production; (v) consumption patterns; (vi) economic interactions and the working of markets; and, (vii) The …

is inertia or resistance to change. Transition policy needs to account for the bounded rationality and social interaction … insights from the literatures on agency in sustainability transitions, on environmental policy under bounded rationality and …

rationality behaviour by people. Quite recent developments in the Economics of Knowledge, i.e. the so-called learning models, have …

This work challenges the very notion of bounded rationality as dangerously too near to some "unbounded rationality …" used as a benchmark. Should we assume that there is an "unbounded" rationality as a benchmark? Should one start, in order … of more or less significant deviations from the "Olympic rationality". On the contrary, we suggest, human beings and …