The Economics of Rationality
Language: English
Published by Routledge, 1993
- Hardcover
- New
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Containing a number of critical perspectives on the treatment of rationality in economics, this offers insights from diverse areas of economics which casts doubt on the feasibility of a single notion of rationality within this field of study Editor(s): Gerrard, Bill J. Num Pages: 224 pages, 1. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 138 x 17. Weight in Grams: 430. . 1993. 1st Edition. hardcover. . . . . Books ship from the US and Ireland.
Seller Inventory # V9780415068758
- Title
- The Economics of Rationality
- Author
- . Ed(s): Gerrard, Bill J.
- Publisher
- Routledge
- Publication year
- 1993
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0415068754
- ISBN 13
- 9780415068758
The concept of rationality is the heart of modern economics. Neo-classical theory seems unable to proceed without assuming a rational agent seeking to find the optimal means to a well defined end. Yet many find this uncritical treatment of rationality problematic. It takes little account of culture history or creativity and consequently many economists find this insistence on rationality of little use when trying to explain a wide range of economic phenomena. Increasingly these include a large number of game theorists and others involved in mainstream theory as well as those typically opposed to neo-classicism.
The Economics of Rationality contains a number of critical perspectives on the treatment of rationality in economics.
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