By Roger Mccain
This is the 1st book-length paintings to combine the insights of cognitive technology totally into economics. It experiences quite a lot of similar paintings in either fields and proposes new techniques to selection thought, rationality, and interplay (equilibrium) which are in keeping with the constrained cognitive capability of genuine people. whereas becoming a member of with neoclassical economics in assisting the validity of supply-and-demand thought the place it's actually appropriate, McCain demanding situations so much neoclassical thought, particularly monopoly, oligopoly, and basic equilibrium conception and welfare economics. His paintings goals to extra and unite fresh notions of behavioral and social economics.
This vital paintings could be of curiosity to behavioral, social, and Keynesian economists, in addition to different social scientists and philosophers attracted to monetary phenomena.
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Extra resources for A Framework for Cognitive Economics
A Framework for Cognitive Economics by Roger Mccain