The Rational Foundations of Economic Behaviour: Proceedings of the IEA Conference held in Turin, Italy - Softcover

Softcover

ISBN 10: 0333777263 ISBN 13: 9780333777268

Publisher: Palgrave Macmillan, 1996

Synopsis

These 14papers were presented to a conference of the IEA held at the International Centre for Economic Research, Turin. Four areas are identified in which theoretical and empirical developments are discussed for the fuller understanding of personal (as opposed to collective) behaviour with economic objectives: rational choice and associated problems of logic rationality as explained by game theory experiments to elucidate rational behaviour and alternative treatments of rationality in decision making theory. The preface by Nobel Laureate Kenneth Arrow traces the evolution of concepts of economic rationality from the start of this century.

About this title

About the Author

KENNETH ARROW is Professor Emeritus of Economics at Stanford University and former President of the IEA. His seminal contribution to the fundaments of economics are reflected in the Arrow-Debeu model of general equilibrium and the Arrow ('Impossibility') Theorem. ENRICO COLOMBATTO is Associate Professor of Economics at the University of Turin, and Director of one of Italy's leading research institutes, the International Centre for Economic Research. MARK PERLMAN is Professor Emeritus of Economics at the University of Pittsburgh and the foundation editor of the American Economic Association's Journal of Economic Literature. CHRISTIAN SCHMIDT is Professor Economics at the University of Paris-Dauphine and Director of the Epistemology and History of Economic Thought Project at the Conseil National de la Recherche Scientifique, Paris.

Edition details

• Publisher: Palgrave Macmillan
• Publication date: 1996
• Language: English
• ISBN 10: 0333777263
• ISBN 13: 9780333777268
• Binding: Paperback
• Number of pages: 404
• Editor: Arrow K., Colombatto E., Perlman M., Schmidt C.