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
The Anti-Capitalistic Mentalityby Ludwig Von Mises - Libertarian Press
The author searches for the roots of the common anti-capitalist bias. What makes so many people unhappy in the private property order? In such a system, the failures need a scapegoat. People whose ambitions have not been satisfied blame the system.
(13987 views)
Mathematical Analysis for Economistsby R. G. D. Allen - Macmillan And Company
The mathematical methods described are used in the elucidation of problems of economic theory. Illustrative examples are added and it is hoped that the reader will become familiar with the mathematical tools and applications to concrete problems.
(3295 views)
Mathematical Methods for Economic Theory: a tutorialby Martin J. Osborne - University of Toronto
This tutorial covers the basic mathematical tools used in economic theory. The main topics are multivariate calculus, concavity and convexity, optimization theory, differential and difference equations. Knowledge of elementary calculus is assumed.
(12701 views)
Pillars of Prosperity: Free Markets, Honest Money, Private Propertyby Ron Paul - Mises Institute
This economic manifesto by Ron Paul collects his greatest speeches and debates. He provided a coherent explanation of everything the government has done wrong in this area. He also provides a way out: free market, honest money, and private property.
(10255 views)