Modeling Rational Agents (Hardcover)

Language: English

Published by Edward Elgar Publishing Ltd, Cheltenham, 2003

1840648686 / 9781840648683

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Hardcover. Exploring the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality, this book begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyses the first game-theoretic solution concepts of von Neumann and Nash. The author's proposition is that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such a transformation paralleled that of neoclassical economics as a whole from a discipline dealing with real economic processes to one investigating issues of logical consistency between mathematical relationships. The book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyses the first game-theoretic solution concepts of von Neumann and Nash. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.…

Seller Inventory # 9781840648683

Title
Modeling Rational Agents (Hardcover)
Author
Nicola Giocoli
Publisher
Edward Elgar Publishing Ltd, Cheltenham
Publication year
2003
Condition
new
Binding
Hardcover
Language
English
ISBN 10
1840648686
ISBN 13
9781840648683

AussieBookSeller

Truganina, VIC, Australia

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AbeBooks seller since June 22, 2007

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