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 Secret Sins of Economicsby Deirdre McCloskey - Prickly Paradigm Press
In this pamphlet, McCloskey reveals what she sees as the secret sins of economics (there are two) that no one will discuss. In her view, these sins cripple economics as a scientific enterprise. She writes with passion and an unusually wide scope.
(10535 views)
Economics and Languageby Ariel Rubinstein - Cambridge University Press
Five essays investigating both the economics of language and the language of economics. The author touches on the structure of binary relations in daily language, the evolutionary development of the meaning of words, and more.
(13668 views)
History of Economic Thoughtby R. Larry Reynolds
This text introduces the reader to an overview of ideas about how the economy is related to society and the individuals. It is not a comprehensive history of economic thought, rather, it introduces ideas and encourages further exploration.
(22688 views)
Economic Concepts: Ancient and Modernby Rattan Lal Basu - Smashwords
This collection of articles gives a broad idea about economic concepts of Kautliya's Arthasastra (circa 300 B. C.), Adam Smith, Karl Marx, Classical and Neoclassical Economists, Mahatma Gandhi, John Maynard Keynes and post Keynesian Economists.
(6699 views)