The Rational Foundations of Economic Behaviour
Proceedings of the IEA Conference Held in Turin, Italy
Palgrave Macmillan (Publisher)
Published on 6. March 1996
Book
Hardback
404 pages
978-0-333-62197-4 (ISBN)
Description
This volume comprises fourteen papers presented to a conference of the IEA held at the International Centre for Economic Research, Turin. Four areas are identified in which theoretical and empirical developments are discussed for the fuller understanding of personal (as opposed to collective) behaviour with economic objectives: rational choice and associated problems of logic; rationality as explained by game theory; experiments to elucidate rational behaviour; and alternative treatments of rationality in decision-making theory. The preface by Nobel Laureate Kenneth Arrow traces the evolution of concepts of economic rationality from the start of this century.
More details
Series
Language
English
Place of publication
Basingstoke
United Kingdom
Target group
College/higher education
Professional and scholarly
Illustrations
tables, indexes
Dimensions
Height: 223 mm
Width: 141 mm
Weight
614 gr
ISBN-13
978-0-333-62197-4 (9780333621974)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

K. Arrow | E. Colombatto | M. Perlman
The Rational Foundations of Economic Behaviour
Proceedings of the IEA Conference held in Turin, Italy
Book
03/1996
Palgrave Macmillan
€68.00
Article not available at the moment
Persons
Editor
Professor of Economics, University of Turin, Italy
Emeritus Professor of Economics, University of Pittsburgh, USA
Introduction
Preface
Content
The International Economic Association - Acknowledgements - List of Contributors - Abbreviations - Preface; K.J.Arrow - Introduction; E.Colombatto & M.Perlman - PART 1: RATIONAL CHOICE AND LOGICAL PROBLEMS - Decision Kinematics; R.C.Jeffrey - Comment; C.Schmidt - Consequentialism, Structural Rationality and Game Theory; P.J.Hammond - Comment; B.Munier - Paradoxes of Rationality in Decision-making Theory; C.Schmidt - Comment; F.Donzelli - Rejoinder; C.Schmidt - Rationality and Comprehension; A.Margalit & M.Yaari - Comment; A.Sen - Rejoinder; R.J.Aumann - PART 2: RATIONALITY IN GAME THEORY - Rationalizing Backward Induction; K.Binmore & L.Samuelson - Comment; B.Walliser - Rejoinder; R.J.Aumann - The Decision-Theoretic Foundations of Game Theory; M.Mariotti - Comment; P.Battigalli - Nash Equilibrium and Evolution by Imitation; J.Bjornerstedt & J.Weibull - Comment; P.L.Sacco - PART 3: RATIONAL BEHAVIOUR FROM AN EXPERIMENTAL APPROACH - Rational Theory and Constructive Choice; A.Tversky - Comment; A.E.Roth - New Challenges to the Rationality Assumption; D.Kahneman - Comment; C.R.Plott - Rational Individual Behaviour in Markets and Social Choice Processes; C.R.Plott - Comment; D.Kahneman -Adaptive Behaviour and Strategic Rationality: Evidence from the Laboratory and the Field; A.E.Roth - Comment; J-L.Rulliere - PART 4: ALTERNATIVE TREATMENTS OF RATIONALITY IN DECISION-MAKING SYSTEMS - The Rationality of Adaptive Agents; J.H.Holland - Comment; F.Hahn - Routines, Hierarchies of Problems, Procedural Behaviour: Some Evidence from Experiments; M.Egidi - Comment; H.Sabourian - Rational Preferences and Rational Beliefs; M.Kurz - Comment; K.J.Arrow - Postface; C.Schmidt - Index of Names - Subject Index