Bounded rationality and economic evolution
a contribution to decision making, economics, and management
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Word Count
84,000 words, Guess
Page Count
336 pages
Identifiers
- Open LibraryOL978624M
- ISBN-101858983525
- OCLC Control Number34544861
- OCLC Control Numberboundedrationali0000tisd
- Library of Congress Control Number96015867
and 2 more
- LibraryThing5236004
- Goodreads2061849
Classifications
- DDC330/.01/51
- LCCHB135 .T57 1996
Description
This seminal work advances beyond neoclassical economics to provide an integrated overview of the implications for economic decision making and the management of bounded rationality and its evolutionary consequences. Professor 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.
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