Results 291 to 300 of about 362,063 (339)

Adjustment Lags, Economically Rational Expectations and Price Behavior

The Review of Economics and Statistics, 1981
source and the extent of lags in the response of prices to changes in various explanatory variables. Knowledge of the relevant lag patterns is of obvious importance for forecasting movements in prices and for formulating policies that are designed to reduce the rate of inflation.
openaire   +1 more source

Simonian Bounded Rationality and Complex Behavioral Economics

2016
This chapter will consider the importance of Herbert A. Simon as both the discoverer of the idea of bounded rationality and its role in modern behavioral economics and as one of the early developers of complexity theory, especially its hierarchical and computational forms.
J. Barkley Rosser, Marina V. Rosser
openaire   +1 more source

RATIONAL ECONOMIC BEHAVIOR – INTERDISCIPLINARY APPROACH [PDF]

, 2015
Behavioral economics and economic sociology arise and develop on the point where economics and psychology, as well as economics and sociology, overlap. Behavioral economics studies economic factors and psychological appearance that have a direct impact on economic behavior.
openaire  

On the Evolution of Ethics, Rationality, and Economic Behavior

2019
AbstractThe neoclassical view of human behavior emphasizes the rational pursuit of self-interest, aptly described as Max-U by Deirdre McCloskey. Most economists today are not aware that leading thinkers in the classical period had a very different view of decision-making.
openaire   +1 more source

Behavioral Rationality and Heterogeneous Expectations in Complex Economic Systems

2013
Recognising that the economy is a complex system with boundedly rational interacting agents, the book presents a theory of behavioral rationality and heterogeneous expectations in complex economic systems and confronts the nonlinear dynamic models with empirical stylized facts and laboratory experiments.
openaire   +2 more sources

On the Behavioral and Rational Foundation of Economic Theory [PDF]

, 1983
Existing uncertainties about the correct explanations for economic growth and business cycles cannot be settled by aggregative analysis within the neoclassical framework. Current disputes in theory rest largely on ad hoc, casually empirical, assumptions about departures from perfect rationality under uncertainty.
openaire   +1 more source

Natural selection, rational economic behavior, and alternative outcomes of the evolutionary process

, 2003
Joshua M. Frank
semanticscholar   +1 more source

Broadening the concept of rational economic behavior: A case study of cheese making at the Abbey of Tamié

, 2007
B. Clary
semanticscholar   +1 more source

Tackling undeclared work in the European Union: beyond the rational economic actor approach

Policy Studies, 2022
Ioana Alexandra Horodnic, Colin C Williams   +1 more
exaly  

A Rational Protocol Treatment of 51% Attacks

IACR Cryptology ePrint Archive, 2021
Christian Badertscher, Yun Lu, Vassilis Zikas   +2 more
semanticscholar   +1 more source