Rational Choice

Business & Finance, Economics, Microeconomics, Theory of Economics
Cover of the book Rational Choice by Itzhak Gilboa, The MIT Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Itzhak Gilboa ISBN: 9780262265690
Publisher: The MIT Press Publication: August 24, 2012
Imprint: The MIT Press Language: English
Author: Itzhak Gilboa
ISBN: 9780262265690
Publisher: The MIT Press
Publication: August 24, 2012
Imprint: The MIT Press
Language: English

A nontechnical, concise, and rigorous introduction to the rational choice paradigm, focusing on basic insights applicable in fields ranging from economics to philosophy.

This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak Gilboa argues that economic theory has provided a set of powerful models and broad insights that have changed the way we think about everyday life. He focuses on basic insights of the rational choice paradigm—the general conceptualization rather than a particular theory—that survive recent (and well-justified) critiques of economic theory's various failures. Gilboa explains the main concepts in language accessible to the nonspecialist, offering a nonmathematical guide to some of the main ideas developed in economic theory in the second half of the twentieth century.

Chapters cover feasibility and desirability, utility maximization, constrained optimization, expected utility, probability and statistics, aggregation of preferences, games and equilibria, free markets, and rationality and emotions. Online appendixes offer additional material, including a survey of relevant mathematical concepts.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A nontechnical, concise, and rigorous introduction to the rational choice paradigm, focusing on basic insights applicable in fields ranging from economics to philosophy.

This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak Gilboa argues that economic theory has provided a set of powerful models and broad insights that have changed the way we think about everyday life. He focuses on basic insights of the rational choice paradigm—the general conceptualization rather than a particular theory—that survive recent (and well-justified) critiques of economic theory's various failures. Gilboa explains the main concepts in language accessible to the nonspecialist, offering a nonmathematical guide to some of the main ideas developed in economic theory in the second half of the twentieth century.

Chapters cover feasibility and desirability, utility maximization, constrained optimization, expected utility, probability and statistics, aggregation of preferences, games and equilibria, free markets, and rationality and emotions. Online appendixes offer additional material, including a survey of relevant mathematical concepts.

More books from The MIT Press

Cover of the book The Spatial Economy by Itzhak Gilboa
Cover of the book Paper Machines by Itzhak Gilboa
Cover of the book Energy and Civilization by Itzhak Gilboa
Cover of the book Lonely Ideas by Itzhak Gilboa
Cover of the book Beyond the Big Ditch by Itzhak Gilboa
Cover of the book Being Ecological by Itzhak Gilboa
Cover of the book Infectious Behavior by Itzhak Gilboa
Cover of the book Networked Press Freedom by Itzhak Gilboa
Cover of the book Reforming the Unreformable by Itzhak Gilboa
Cover of the book What We Know About Climate Change by Itzhak Gilboa
Cover of the book Sharing the Work by Itzhak Gilboa
Cover of the book All for Nothing by Itzhak Gilboa
Cover of the book Holographic Quantum Matter by Itzhak Gilboa
Cover of the book Foundations of Statistical Natural Language Processing by Itzhak Gilboa
Cover of the book Global Imbalances and the Lessons of Bretton Woods by Itzhak Gilboa
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy