Book Details
Format
Paperback / Softback
ISBN-10
0521147492
ISBN-13
9780521147491
Edition
2 Revised edition
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 24th, 2010
Print length
348 Pages
Weight
454 grams
Dimensions
21.50 x 14.20 x 2.10 cms
Product Classification:
Economics
Ksh 7,950.00
Manufactured on Demand
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Originally published in 1969, Professor Shackle's book examines how a decision is made by exploiting the best present effect, the scope afforded to imagination by what is known and by the gaps in that knowledge. This second edition has a fresh preface, an extra chapter and a number of additions to its bibliography.
Originally published in 1969, the second edition of Professor Shackle's book has a fresh preface, an extra chapter and a number of additions to its bibliography. The extra chapter is concerned with the point at which one would decide to abandon an old policy and replace it with a new one. It is, in the words of the author, a further, rather radical development of the Stockholm sequence analysis. Professor Shackle examines how a decision can be rational only in a special sense, that of exploiting to the best present effect, on the decision-maker's state of mind, the scope afforded to imagination by what is known and by the gaps in that knowledge. The attempt made in this book to provide a theory of such decision has been called 'an existentialist economics'.
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