Rationality, bounded rationality and microfoundations: Foundations of theoretical economics

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Abstract

This book challenges the generally accepted theories of classical economics, explaining why the expected utility theory, even if it were true, fails to be of much help in solving economic controversies.

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Salehnejad, R. (2006). Rationality, bounded rationality and microfoundations: Foundations of theoretical economics. Rationality, Bounded Rationality and Microfoundations: Foundations of Theoretical Economics (pp. 1–309). Palgrave Macmillan. https://doi.org/10.1057/9780230625150

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