Modeling Bounded Rationality
by Ariel Rubinstein
Publisher: The MIT Press 1997
ISBN/ASIN: 0262681005
ISBN-13: 9780262681001
Number of pages: 220
Description:
The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on substantial economic implications.
Download or read it online for free here:
Download link
(1.3MB, PDF)
Similar books
Discovering Artificial Economicsby David Batten - Westview Press
This is an informal and revealing introduction to the ideas of modern systems theory and self-organization as they apply to problems in the economic realm. David Batten interleaves anecdotes and stories with technical discussions.
(10207 views)
The Origin and the Evolution of Firms: Information as a Driving Forceby J. A. Roels - IOS Press
This book develops a consistent theory of evolution in its wider sense. The author of the book traces a continuous line of evolving information sets that connect the Big-Bang to the firms and markets of our current socio-economic system.
(2945 views)
Capital and Its Structureby Ludwig Lachmann - Ludwig von Mises Institute
A robust theory of capital that incorporates an Austrian understanding of the business cycle and the market process. This book remains a seminal study written while the author was at the height of his intellectual powers.
(10847 views)
Principles of Economicsby Libby Rittenberg, Timothy Tregarthen - Flat World Knowledge
The authors teach economics as the study of 'choice' by providing students with an accessible, straightforward overview of economics. Rittenberg and Tregarthen help students to understand how real individuals actually work with economics.
(23042 views)