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The Beginnings of Behavioral Economics: Katona, Simon, and Leibenstein's X-Efficiency Theory

By Roger Frantz
eBook
$150.00
By Roger Frantz
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The Beginnings of Behavioral Economics: Katona, Simon, and Leibenstein's X-Efficiency Theory explores the mid-20th century roots of behavioral economics, placing the origin of this now-dominant approach to economic theory many years before the groundbreaking 1979 work on prospect theory by Daniel Kahneman and Amos Tversky. It discusses the work of Harvey Leibenstein, Herbert Simon, George Katona, and Frederick Hayek, reintroducing their contributions as founding pillars of the behavioral ap...

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BusinessEconomicsMicroeconomics