Bounded-Rationality Models: Tasks to Become Intellectually Competitive†
نویسندگان
چکیده
E is witnessing the solid beginnings of a revolution in microeconomic theory. Research has demonstrated a need for boundedly rational models of firms and markets, and their potential for ascendancy into legitimate intellectual competition with neoclassical theory.1 The neoclassical research program, by which we mean the broad body of models and inferences based on the premise that all economic decision making reduces to (rational)
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