Rationality and Explanation in Economics

Rationality and Explanation in Economics
Author :
Publisher : Routledge
Total Pages : 296
Release :
ISBN-10 : 9781135150341
ISBN-13 : 1135150346
Rating : 4/5 (346 Downloads)

Book Synopsis Rationality and Explanation in Economics by : Maurice Lagueux

Download or read book Rationality and Explanation in Economics written by Maurice Lagueux and published by Routledge. This book was released on 2010-02-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the role of rationality in economics focusing on which conditions the rationality assumption makes valuable explanations possible and what kinds of explanation are then involved.


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The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by