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Bounded Rationality and Economic Evolution - A Contribution to Decision Making, Economics and Management (Hardcover)
Loot Price: R3,315
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Bounded Rationality and Economic Evolution - A Contribution to Decision Making, Economics and Management (Hardcover)
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This seminal work advances beyond neoclassical economics to provide
an integrated overview of economic decision making, and the
management of bounded rationality and its evolutionary
consequences.Clem Tisdell successfully combines recent developments
in learning and game theory, transaction costs and evolutionary
economics to provide new insights into economic and managerial
phenomena. The results are applied to different levels of
decision-making, including decisions by individuals, taking into
account learning possibilities, decisions by groups and economic
organizations including optimal communication within organizations.
Bounded Rationality and Economic Evolution will be of particular
use to economists, academics in management, business administration
and public administration, and social scientists interested in
group behaviour.
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