View in EDS PDF Full Text ePub Full Text

Bounded Rationality

Saved in:
Bibliographic Details
Title: Bounded Rationality
Description: Understanding how we take economic decisions and how we depart from rational choice theory has become increasingly important to understanding the workings of the economy at all levels. The concept of bounded rationality has been central to that endeavour and is used in economic models to shed light on real-life behaviour, which has led to specific policy implications that would otherwise have gone unappreciated.This introduction presents the key concepts and approaches adopted in the field of bounded rationality. The exposition is non-technical and free from any mathematical expressions and workings. The focus throughout is primarily on the behaviour of individuals or organizations within given situations rather than on macroeconomic concerns. The book examines how the field has evolved since its beginnings and assesses the strengths and weaknesses of its current research programme, including its relationship with behavioural economics.The book is excellent preparatory reading for degree-level courses in economics as well as specific courses in behavioural economics and philosophy of economics.
Authors: Graham Mallard
Resource Type: eBook.
Subjects: Decision making, Economics--Mathematical models
Categories: BUSINESS & ECONOMICS / Economics / Theory, BUSINESS & ECONOMICS / Decision-Making & Problem Solving
Database: eBook Collection (EBSCOhost)
FullText Links:
  – Type: ebook-pdf
  – Type: ebook-epub
Text:
  Availability: 0
Header DbId: nlebk
DbLabel: eBook Collection (EBSCOhost)
An: 2708036
RelevancyScore: 1097
AccessLevel: 6
PubType: eBook
PubTypeId: ebook
PreciseRelevancyScore: 1096.64697265625
IllustrationInfo
ImageInfo – Size: thumb
  Target: https://rps2images.ebscohost.com/rpsweb/othumb?id=NL$2708036$PDF&s=r
– Size: medium
  Target: https://rps2images.ebscohost.com/rpsweb/othumb?id=NL$2708036$PDF&s=d
Items – Name: Title
  Label: Title
  Group: Ti
  Data: Bounded Rationality
– Name: Abstract
  Label: Description
  Group: Ab
  Data: Understanding how we take economic decisions and how we depart from rational choice theory has become increasingly important to understanding the workings of the economy at all levels. The concept of bounded rationality has been central to that endeavour and is used in economic models to shed light on real-life behaviour, which has led to specific policy implications that would otherwise have gone unappreciated.This introduction presents the key concepts and approaches adopted in the field of bounded rationality. The exposition is non-technical and free from any mathematical expressions and workings. The focus throughout is primarily on the behaviour of individuals or organizations within given situations rather than on macroeconomic concerns. The book examines how the field has evolved since its beginnings and assesses the strengths and weaknesses of its current research programme, including its relationship with behavioural economics.The book is excellent preparatory reading for degree-level courses in economics as well as specific courses in behavioural economics and philosophy of economics.
– Name: Author
  Label: Authors
  Group: Au
  Data: <searchLink fieldCode="AR" term="%22Graham+Mallard%22">Graham Mallard</searchLink>
– Name: TypePub
  Label: Resource Type
  Group: TypPub
  Data: eBook.
– Name: Subject
  Label: Subjects
  Group: Su
  Data: <searchLink fieldCode="DE" term="%22Decision+making%22">Decision making</searchLink><br /><searchLink fieldCode="DE" term="%22Economics--Mathematical+models%22">Economics--Mathematical models</searchLink>
– Name: SubjectBISAC
  Label: Categories
  Group: Su
  Data: <searchLink fieldCode="ZK" term="%22BUSINESS+%26+ECONOMICS+%2F+Economics+%2F+Theory%22">BUSINESS & ECONOMICS / Economics / Theory</searchLink><br /><searchLink fieldCode="ZK" term="%22BUSINESS+%26+ECONOMICS+%2F+Decision-Making+%26+Problem+Solving%22">BUSINESS & ECONOMICS / Decision-Making & Problem Solving</searchLink>
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=2708036
RecordInfo BibRecord:
  BibEntity:
    Classifications:
      – Code: 658.403
        Scheme: ddc
        Type: prePub
    Languages:
      – Code: eng
        Text: English
    Subjects:
      – SubjectFull: Decision making
        Type: general
      – SubjectFull: Economics--Mathematical models
        Type: general
    Titles:
      – TitleFull: Bounded Rationality
        Type: main
  BibRelationships:
    HasContributorRelationships:
      – PersonEntity:
          Name:
            NameFull: Graham Mallard
      – PersonEntity:
          Name:
            NameFull: Graham Mallard
    IsPartOfRelationships:
      – BibEntity:
          Dates:
            – D: 01
              M: 01
              Type: published
              Y: 2020
            – D: 11
              M: 01
              Type: profile
              Y: 2021
          Identifiers:
            – Type: isbn-print
              Value: 9781788212571
            – Type: isbn-print
              Value: 9781788212588
            – Type: isbn-electronic
              Value: 9781788212595
            – Type: isbn-electronic
              Value: 9781788213486
          Titles:
            – TitleFull: Bounded Rationality
              Type: main
ResultId 1