This volume comprises fourteen papers presented to a conference of the IEA held at the International Centre for Economic Research, Turin. Four areas are identified in which theoretical and empirical developments are discussed for the fuller understanding of personal (as opposed to collective) behaviour with economic objectives: rational choice and associated problems of logic; rationality as explained by game theory; experiments to elucidate rational behaviour; and alternative treatments of rationality in decision-making theory. The preface by Nobel Laureate Kenneth Arrow traces the evolution of concepts of economic rationality from the start of this century.
Format:Paperback
Language:English
ISBN:0333777263
ISBN13:9780333777268
Release Date:March 1996
Publisher:Palgrave MacMillan
Length:404 Pages
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