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Rationality in Economics

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

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Ksh 16,550.00

Format: Hardback or Cased Book

ISBN-13: 9780521871358

Publisher: Cambridge University Press

Publication Date: Nov 5th, 2007

Weight: 646 grams

Dimension: 23.60 x 16.30 x 2.60 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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