By Roger Mccain
This is the 1st book-length paintings to combine the insights of cognitive technological know-how absolutely into economics. It stories quite a lot of similar paintings in either fields and proposes new techniques to selection thought, rationality, and interplay (equilibrium) which are in line with the restricted cognitive skill of actual humans. whereas becoming a member of with neoclassical economics in helping 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 basic equilibrium conception and welfare economics. His paintings goals to additional and unite contemporary notions of behavioral and social economics.
This vital paintings should 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