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Bounded Rationality and Economic Revolution

Bounded Rationality and Economic Revolution

Hardback (01 Nov 1996)

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Publisher's Synopsis

This seminal work advances beyond neoclassical economics to provide an integrated overview of economic decision making, and the management of bounded rationality and its evolutionary consequences.

Clem Tisdell successfully combines recent developments in learning and game theory, transaction costs and evolutionary economics to provide new insights into economic and managerial phenomena. The results are applied to different levels of decision-making, including decisions by individuals, taking into account learning possibilities, decisions by groups and economic organizations including optimal communication within organizations.

Bounded Rationality and Economic Evolution will be of particular use to economists, academics in management, business administration and public administration, and social scientists interested in group behaviour.

Book information

ISBN: 9781858983523
Publisher: Edward Elgar Publishing
Imprint: Edward Elgar Publishing
Pub date:
DEWEY: 338.5
DEWEY edition: 20
Language: English
Number of pages: 320
Weight: 576g
Height: 234mm
Width: 156mm
Spine width: 25mm