Rationality, Institutions, and Economic Methodology PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Rationality, Institutions, and Economic Methodology PDF full book. Access full book title Rationality, Institutions, and Economic Methodology by Uskali Mäki. Download full books in PDF and EPUB format.
Author: Uskali Mäki
Publisher: Psychology Press
ISBN: 9780415092081
Category : Business & Economics
Languages : en
Pages : 332
Get Book Here
Book Description
First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.
Author: Uskali Mäki
Publisher: Psychology Press
ISBN: 9780415092081
Category : Business & Economics
Languages : en
Pages : 332
Get Book Here
Book Description
First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.
Author: Bo Gustafsson
Publisher: Routledge
ISBN: 113487328X
Category : Business & Economics
Languages : en
Pages : 332
Get Book Here
Book Description
Looks at ways to increase the scope and power of institutional economics. Different approaches to economic methodology are considered and the broader notions of rationality offered by institutional economics are discussed.
Author: Vernon L. Smith
Publisher:
ISBN: 9781107386440
Category : Constructivism (Philosophy)
Languages : en
Pages : 364
Get Book Here
Book Description
The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. In personal, social, and economic exchange, as studied in two-person games, cooperation exceeds the prediction of traditional game theory. This book relates these two findings to field studies and applications and integrates them with the main themes of the Scottish Enlightenment and with the thoughts of F.A. Hayek.
Author: Karen Schweers Cook
Publisher: University of Chicago Press
ISBN: 0226742415
Category : Political Science
Languages : en
Pages : 436
Get Book Here
Book Description
Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well. Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, identifies its limitations, clarifies the nature of current controversies, and offers suggestions for improving current models. In the first section of the book, contributors consider the theoretical foundations of rational choice. Models of rational choice play an important role in providing a standard of human action and the bases for constitutional design, but do they also succeed as explanatory models of behavior? Do empirical failures of these explanatory models constitute a telling condemnation of rational choice theory or do they open new avenues of investigation and theorizing? Emphasizing analyses of norms and institutions, the second and third sections of the book investigate areas in which rational choice theory might be extended in order to provide better models. The contributors evaluate the adequacy of analyses based on neoclassical economics, the potential contributions of game theory and cognitive science, and the consequences for the basic framework when unequal bargaining power and hierarchy are introduced.
Author: Richard Langlois
Publisher: CUP Archive
ISBN: 9780521378598
Category : Business & Economics
Languages : en
Pages : 292
Get Book Here
Book Description
Consists of original and rev. versions of papers presented at a conference at Airlie House in Virginia, Mar. 1983. Includes bibliographies and index.
Author: Mark Blaug
Publisher: Cambridge University Press
ISBN: 1107717264
Category : Business & Economics
Languages : en
Pages : 324
Get Book Here
Book Description
This book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the literature on methodology. Professor Blaug then turns to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in the methodology of economics. This is followed by a series of case studies of leading economic controversies, which shows how controversies in economics may be illuminated by paying attention to questions of methodology. A final chapter draws the strands together and gives the author's view of what is wrong with modern economics. This book is a revised and updated edition of a classic work on the methodology of economics, in which Professor Blaug develops his discussion of the latest developments in macroeconomics, general equilibrium theory and international trade theory. A new section on the rationality postulate is also added.
Author: Douglass C. North
Publisher: Cambridge University Press
ISBN: 9780521397346
Category : Political Science
Languages : en
Pages : 164
Get Book Here
Book Description
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Author: Malcolm Rutherford
Publisher: Cambridge University Press
ISBN: 9780521574471
Category : Business & Economics
Languages : en
Pages : 244
Get Book Here
Book Description
This book examines and compares the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, with the 'new' institutionalism developed from neoclassical and Austrian sources.
Author: Michel Zouboulakis
Publisher: Routledge
ISBN: 1317817494
Category : Business & Economics
Languages : en
Pages : 188
Get Book Here
Book Description
The concept of economic rationality is important for the historical evolution of Economics as a scientific discipline. The common idea about this concept -even between economists- is that it has a unique meaning which is universally accepted. This new volume argues that "economic rationality" is not not a universal concept with one single meaning, and that it in fact has different, if not conflicting, interpretations in the evolution of discourse on economics. In order to achieve this, the book traces the historical evolution of the concept of economic rationality from Adam Smith to the present, taking in thinkers from Mill to Friedman, and encompassing approaches from neoclassical to behavioural economics. The book charts this history in order to reveal important instances of conceptual transformation of the meaning of economic rationality. In doing so, it presents a uniquely detailed study of the historical change of the many faces of the homo oeconomicus .
Author: Colin P. Elliott
Publisher: Cambridge University Press
ISBN: 1108418600
Category : Business & Economics
Languages : en
Pages : 225
Get Book Here
Book Description
Reconceptualizes economic theory as a tool for understanding the Roman monetary system and its social and cultural contexts.
