By Roger Mccain
This is the 1st book-length paintings to combine the insights of cognitive technological know-how absolutely into economics. It experiences quite a lot of similar paintings in either fields and proposes new methods to selection idea, rationality, and interplay (equilibrium) which are in step with the constrained cognitive ability of genuine humans. whereas becoming a member of with neoclassical economics in assisting the validity of supply-and-demand conception the place it truly is actually acceptable, McCain demanding situations such a lot neoclassical idea, in particular monopoly, oligopoly, and normal equilibrium concept and welfare economics. His paintings goals to extra and unite contemporary notions of behavioral and social economics.
This vital paintings can be of curiosity to behavioral, social, and Keynesian economists, in addition to different social scientists and philosophers attracted to fiscal phenomena.
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Additional resources for A Framework for Cognitive Economics
A Framework for Cognitive Economics by Roger Mccain