Advanced Introduction to Bounded Rationality

Language: English

Published by Edward Elgar Publishing Ltd, GB, 2023

1800377851 / 9781800377851

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Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.Offering an engaging overview of the concepts of bounded rationality and their applications, this stimulating Advanced Introduction engages with the topic in a constructively critical manner to introduce new ideas. Chapters cover key topics including: optimally imperfect decisions; ecological rationality; the role of bounded rationality in evolutionary economics; satisficing as a response to bounded rationality; desirable types of economic decisions; the relational exercise of foresight; and the impact of bounded rationality on the efficiency of organizations.Key Features:Demonstrates the progress made in the field over the last centuryPresents a unique, succinct and useful coverage of the core issues in the topicOutlines different concepts of rationality and specifies factors that result in limited rationalityPostgraduate and advanced undergraduate economics and business management students will find this a stimulating read. The easy-to-follow exposition of the topic and careful use of diagrams will also make this an interesting book for decision makers, business managers and policy makers who have studied economics or business administration.

Seller Inventory # LU-9781800377851

Title
Advanced Introduction to Bounded Rationality
Author
Clement A. Tisdell
Publisher
Edward Elgar Publishing Ltd, GB
Publication year
2023
Condition
New
Binding
Paperback
Language
English
ISBN 10
1800377851
ISBN 13
9781800377851

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