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Cognitive Developments in Economics [NOOK Book]


Cognitive Economics proposes an interdisciplinary approach to the study of human problem solving, choice, decision making and change to explain economic transactions, the nature and evolution of ...
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Cognitive Developments in Economics

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Cognitive Economics proposes an interdisciplinary approach to the study of human problem solving, choice, decision making and change to explain economic transactions, the nature and evolution of organizations and institutions.

This book contains some of the most cutting edge research in ecnomics. Leading scholars including Ulrich Witt, Stanley Metcalfe, Richard Arena and Bart Nooteboom cover such topics as:

* ecnomic methodology
* bounded rationality
* learning and cognition in firms
* institutional ecnomics

Cognitive ecnomics contributes to a large spectrum of ecnomic fields such as consumer theroy, ecnomics of the firm, economics of innovation, evolutionary ecnomics and experimental ecnomics. This book is particularly pertinent given the recent award of the Nobel Prize to Daniel Kahneman--evidence that this is one of the true frontiers of ecnomic theory today.
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Product Details

  • ISBN-13: 9780203579909
  • Publisher: Taylor & Francis, Inc.
  • Publication date: 6/26/2003
  • Sold by: Barnes & Noble
  • Format: eBook
  • File size: 2 MB

Meet the Author

Salvatore Rizzello is Professor of Economics and coordinator of the Centre for Cognitive Economics at the University of Eastern Piedmont, Italy.
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Table of Contents

List of figures
List of tables
List of contributors
Introduction: towards a cognitive evolutionary economics 1
1 Discrepancies: competing theories and ideologies as cognitive traps: the scientific discovery as puzzle-solving 20
2 Cognitive science meets evolutionary theory: what implications does evolutionary psychology have for economic theorising? 53
3 Towards a cognitive experimental economics 82
4 Accounting for social knowledge in economic analysis: the relevance of Adam Smith's framework 107
5 The making of a behavioural economist: Herbert A. Simon and the early evolution of bounded rationality 133
6 The rhetorical dimensions of bounded rationality: Herbert A. Simon and organizational economics 158
7 Cognition, entrepreneurial conceptions and the theory of the firm 177
8 Knowledge, understanding and the epistemology of innovative firms 193
9 Managing exploitation and exploration 218
10 The epistemic foundations of social organizations: a game theoretical approach 243
11 Interactive learning and technological knowledge: the localised character of innovation processes 268
12 Cognitive economies and the 'nature of the district' 281
13 Learning in economics: some Austrian insights 302
14 Beliefs, knowledge and equilibrium: a different perspective on Hayek 316
15 Guesswork and knowledge in evolutionary economics: Veblen revisited 338
16 Problem complexity and problem representation: some implications for the theory of economic institutions 371
Index 389
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