Bounded rationality and industrial organization

Although the challenge of enriching the psychology of decision makers in economic models has been at the frontier of theoretical research in the last decade, there has been no graduate-level, theory-oriented textbook to cover developments in the last 10-15 years. Thus, Bounded Rationality and Indust...

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Bibliographic Details
Main Author: Spiegler, Ran
Format: eBook
Language:English
Published: New York Oxford University Press 2011, c2011
Subjects:
Online Access:
Collection: Oxford University Press - Collection details see MPG.ReNa
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520 |a Although the challenge of enriching the psychology of decision makers in economic models has been at the frontier of theoretical research in the last decade, there has been no graduate-level, theory-oriented textbook to cover developments in the last 10-15 years. Thus, Bounded Rationality and Industrial Organization offers a welcome and crucial new understanding of market behavior-it challenges conventional wisdom in ways that are interesting and economically significant, and which in the end effect the well-being of all market participants