Rationality, Bounded Rationality and Microfoundations

Foundations of Theoretical Economics

Authors: Salehnejad, R.

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About this book

This book challenges the generally accepted theories of classical economics, explaining why the expected utility theory, even if it were true, fails to be of much help in solving economic controversies.

About the authors

REZA SALEH-NEJAD received his MSc and PhD from the London School of Economics and Political Science, UK. Currently he is a research fellow at the HAND Foundation, California. He holds a visiting research position at the National Research Institute for Science Policy in Iran. He has also taught Economics at Cambridge and City University.

Table of contents (8 chapters)

  • Introduction

    Salehnejad, Reza

    Pages 1-6

  • Theoretical versus atheoretical macroeconomics: Concepts and controversies

    Salehnejad, Reza

    Pages 7-35

  • Rational behaviour and economic theory

    Salehnejad, Reza

    Pages 36-69

  • ‘Homo Economicus’ as an intuitive statistician (1): Model-free learning

    Salehnejad, Reza

    Pages 70-105

  • ‘Homo economicus’ as an intuitive statistician (2): Bayesian diagnostic learning

    Salehnejad, Reza

    Pages 106-164

Buy this book

eBook $99.00
price for Mexico (gross)
  • ISBN 978-0-230-62515-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $135.00
price for Mexico
  • ISBN 978-0-230-00480-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $130.00
price for Mexico
  • ISBN 978-1-349-28149-7
  • Free shipping for individuals worldwide
  • This title is currently reprinting. You can pre-order your copy now.

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Bibliographic Information

Bibliographic Information
Book Title
Rationality, Bounded Rationality and Microfoundations
Book Subtitle
Foundations of Theoretical Economics
Authors
Copyright
2007
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
eBook ISBN
978-0-230-62515-0
DOI
10.1057/9780230625150
Hardcover ISBN
978-0-230-00480-1
Softcover ISBN
978-1-349-28149-7
Edition Number
1
Number of Pages
XII, 309
Topics