The behavioral economics of John Maynard Keynes microfoundations for the world we live in

"Keynes' macroeconomic revolution is based on his microfoundations of economic behaviour derived from 'casual' observations but impressively substantiated by rigorous research in behavioural economics and neurology. Ronald Schettkat argues that the allegation of the missing micro...

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Bibliographic Details
Main Author: Schettkat, Ronald
Format: eBook
Language:English
Published: Northampton Edward Elgar Publishing 2022, 2022
Subjects:
Online Access:
Collection: Edward Elgar eBooks Collection Business & Economics - Collection details see MPG.ReNa
Table of Contents:
  • Includes bibliographical references and index
  • Contents: 1. Introduction to the behavioural economics of john maynard keynes
  • 2. Fundamentals of economics
  • 3. Rational choice: A normative concept
  • 4. Choice under uncertainty: Animal spirits
  • 5. Expectations over time
  • 6. Socially embedded individuals
  • 7. The resurrection and fall of homo oeconomicus
  • 8. Conclusion: The economy we live in
  • References
  • Index