Rationality in Economics

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General Book Search for "9780521871358"

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Author : Vernon L. Smith
Hardback
Published : Monday 5 November 2007
ISBN : 9780521871358
Price : €80.73

Description

This book constitutes an empirical behavioral challenge to traditional economic and game theory. Using constructivist and ecological approaches, Vernon L. Smith, a 2002 Nobel Laureate in Economic Science, provides a new perspective based on experimental science that considers the work of F. A. Hayek and the classical liberal tradition.