Rationality, Bounded Rationality and Microfoundations
Foundations of Theoretical Economics| By: | R. Salehnejad |
| Publisher: | Springer Nature |
| Print ISBN: | 9780230004801 |
| eText ISBN: | 9780230625150 |
| Edition: | 0 |
| Copyright: | 2007 |
| Format: | Page Fidelity |
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This book challenges the generally accepted theories of classical economics, explaining why the expected utility theory, even if it were true, fails to be of much help in solving economic controversies.