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
Lecture Notes for Economicsby Benjamin Hermalin
These are the lecture notes on pricing, mechanism design, and agency at the Ph.D. level. This text is intended to supplement the lectures and other materials for the first half of Economics 201b at the University of California, Berkeley.
(15946 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.
(13237 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.
(6569 views)
Principles of Managerial Economics- Saylor Foundation
This book presents economic concepts and principles from the perspective of managerial economics. The purpose of managerial economics is to provide economic terminology and reasoning for the improvement of managerial decisions.
(7810 views)