Buch, Englisch, 208 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 346 g
Buch, Englisch, 208 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 346 g
ISBN: 978-0-521-06711-9
Verlag: Cambridge University Press
This book develops dynamic economic models using the perspective and analytic framework provided by psychological learning theory. This framework is used to resolve apparent contradictions between optimization theory, which lies at the heart of all modern economic theory, and day-to-day evidence that short-run economic behaviour cannot reasonably be described solely as the outcome of efficiently implemented self-interest. The author applies this viewpoint to a number of problem areas in which literal applications of maximization theory have not usually proved to be satisfactory. These include analyses of decision-making under uncertainty and gambling behaviour, the role of consumer-oriented advertising in influencing behaviour, the persistence of price dispersions in markets, and inflation.
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
- Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Verhaltensökonomik
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
Weitere Infos & Material
1. Introduction; 2. Models of convergence; 3. Behavior in the short run; 4. Uncertainty; 5. An application to state lottery games; 6. An application to the problem of search behavior; 7. Inflationary disequilibrium; 8. Advertising and imitation; 9. An application to migration; 10. Conclusions.
