Predictably Rational?: In Search of Defenses for Rational Behavior in Economics

by Richard B. McKenzie

Book Overview

Mainstream economists everywhere exhibit an "irrational passion for dispassionate rationality." Behavioral economists, and long-time critic of mainstream economics suggests that people in mainstrean economic models "can think like Albert Einstein, store as much memory as IBM's Big Blue, and exercise the will power of Mahatma Gandhi," suggesting that such a view of real world modern homo sapiens is simply wrongheaded. Indeed, Thaler and other behavioral...

• Format: Paperback
• Language: English
• ISBN: 3642015859
• ISBN13: 9783642015854
• Release Date: November 2009
• Publisher: Springer
• Length: 308 Pages
• Weight: 1.12 lbs.
• Dimensions: 0.7" x 6.1" x 9.2"