Description

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.



Offering an engaging overview of the concepts of bounded rationality and their applications, this stimulating Advanced Introduction engages with the topic in a constructively critical manner to introduce new ideas. Chapters cover key topics including: optimally imperfect decisions; ecological rationality; the role of bounded rationality in evolutionary economics; satisficing as a response to bounded rationality; desirable types of economic decisions; the relational exercise of foresight; and the impact of bounded rationality on the efficiency of organizations.



Key Features:


  • Demonstrates the progress made in the field over the last century

  • Presents a unique, succinct and useful coverage of the core issues in the topic

  • Outlines different concepts of rationality and specifies factors that result in limited rationality


  • Postgraduate and advanced undergraduate economics and business management students will find this a stimulating read. The easy-to-follow exposition of the topic and careful use of diagrams will also make this an interesting book for decision makers, business managers and policy makers who have studied economics or business administration.

Advanced Introduction to Bounded Rationality

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£17.99

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Usually despatched within 5 days
Paperback / softback by Clement A. Tisdell

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Short Description:

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 03/01/2023
    ISBN13: 9781800377851, 978-1800377851
    ISBN10: 1800377851

    Number of Pages: 160

    Non Fiction , Business, Finance & Law

    Description

    Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.



    Offering an engaging overview of the concepts of bounded rationality and their applications, this stimulating Advanced Introduction engages with the topic in a constructively critical manner to introduce new ideas. Chapters cover key topics including: optimally imperfect decisions; ecological rationality; the role of bounded rationality in evolutionary economics; satisficing as a response to bounded rationality; desirable types of economic decisions; the relational exercise of foresight; and the impact of bounded rationality on the efficiency of organizations.



    Key Features:


    • Demonstrates the progress made in the field over the last century

    • Presents a unique, succinct and useful coverage of the core issues in the topic

    • Outlines different concepts of rationality and specifies factors that result in limited rationality


    • Postgraduate and advanced undergraduate economics and business management students will find this a stimulating read. The easy-to-follow exposition of the topic and careful use of diagrams will also make this an interesting book for decision makers, business managers and policy makers who have studied economics or business administration.

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