Modeling Bounded Rationality
by Ariel Rubinstein
Publisher: The MIT Press 1997
Number of pages: 220
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.
Home page url
Download or read it online for free here:
by Oskar Lange - Principia Press
Contents: Introduction; Partial-Equilibrium Theory; General-Equilibrium Theory; Analysis of the Monetary Effect; Price Expectations; Uncertainty; Imperfect Competition; International Trade; Changes in the Propensity to Consume; etc.
by Ludwig Lachmann - Ludwig von Mises Institute
A robust theory of capital that incorporates an Austrian understanding of the business cycle and the market process. This book remains a seminal study written while the author was at the height of his intellectual powers.
by Deirdre McCloskey - Prickly Paradigm Press
In this pamphlet, McCloskey reveals what she sees as the secret sins of economics (there are two) that no one will discuss. In her view, these sins cripple economics as a scientific enterprise. She writes with passion and an unusually wide scope.
by Arthur A. Small - OTexts
Environmental economics is the study of interactions between human economic activity and the natural environment. This book provides a rigorous introduction to environmental economics designed for advanced undergraduates and masters-degree students.