Modeling Bounded Rationality
by Ariel Rubinstein
Publisher: The MIT Press 1997
ISBN/ASIN: 0262681005
ISBN-13: 9780262681001
Number of pages: 220
Description:
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.
Download or read it online for free here:
Download link
(1.3MB, PDF)
Similar books

by Viatcheslav Vinogradov - CERGE-EI
Simple recipes for solving problems students might face in their studies of economics. The main goal was to refresh students' knowledge of mathematics rather than teach them math from scratch, BA level mathematics is required.
(25703 views)

- Saylor Foundation
This book presents economic concepts and principles from the perspective of managerial economics. The purpose of managerial economics is to provide economic terminology and reasoning for the improvement of managerial decisions.
(10540 views)

by Jonathan Nitzan, Shimshon Bichler - Routledge
The authors address the old theoretical conundrum in political economy -- the theory of capital -- with a view to supplying a more satisfactory answer to the question 'what is capital?' The work fits into the tradition of radical political economy.
(13670 views)

by Libby Rittenberg, Timothy Tregarthen - University of Minnesota
The authors teach economics as the study of 'choice' by providing students with an accessible, straightforward overview of economics. Rittenberg and Tregarthen help students to understand how real individuals actually work with economics.
(31964 views)