A Brain-Focused Foundation for Economic Science: A Proposed Reconciliation Between Neoclassical and Behavioral Economics

by Richard B. McKenzie

Book Overview

This book argues that Lionel Robbins's construction of the economics field's organizing cornerstone, scarcity--and all that has been derived from it from economists in Robbins's time to today--no longer can generate general consent among economists. Since Robbins' Essay, economists have learned more than Robbins and his cohorts could have imagined about human decision making and about the human brain that is the lynchpin of human decision...

• Format: Hardcover
• Language: English
• ISBN: 3319768093
• ISBN13: 9783319768090
• Release Date: June 2018
• Publisher: Palgrave MacMillan
• Length: 219 Pages
• Weight: 0.95 lbs.
• Dimensions: 0.6" x 5.8" x 8.3"