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Rationality in Economics

By: Virginia) Smith Vernon L. (George Mason University (Author)

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Ksh 7,700.00

Format: Paperback or Softback

ISBN-13: 9780521133388

Publisher: Cambridge University Press

Publication Date: Oct 12th, 2009

Weight: 538 grams

Dimension: 23.00 x 15.40 x 2.20 cms

Category: PSYCHOLOGY

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This book constitutes an empirical behavioral challenge to traditional economic and game theory. Using constructivist and ecological approaches, Vernon L. Smith, a 2002 Nobel Laureate in Economic Science, provides a new perspective based on experimental science that considers the work of F. A. Hayek and the classical liberal tradition.

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