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The Limits of Rationality
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Product Description: Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice...read more
By Karen Schweers Cook (editor) and Margaret Levi (editor)
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Hardcover:

9780226742380 | Univ of Chicago Pr, June 15, 1990, cover price $49.95 | About this edition: Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources.

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