This is the first book-length work to integrate the insights of cognitive science fully into economics. It reviews a wide range of related work in both fields and proposes new approaches to choice theory, rationality, and interaction (equilibrium) that are consistent with the limited cognitive capacity of real human beings. While joining with neoclassical economics in supporting the validity of supply-and-demand theory where it is literally applicable, McCain challenges most neoclassical theory, especially monopoly, oligopoly, and general equilibrium theory and welfare economics. His work aims to further and unite recent notions of behavioral and social economics.
This important work will be of interest to behavioral, social, and Keynesian economists, as well as other social scientists and philosophers interested in economic phenomena.
| ISBN: | 9780275941420 |
| Publication date: | 21st August 1992 |
| Author: | Roger A McCain |
| Publisher: | Praeger an imprint of ABC-CLIO |
| Format: | Hardback |
| Pagination: | 317 pages |
| Genres: |
Social, group or collective psychology Cognition and cognitive psychology Economic theory and philosophy |
This is the first book-length work to integrate the insights of cognitive science fully into economics. It reviews a wide range of related work in both fields and proposes new approaches to choice theory, rationality, and interaction (equilibrium) that are consistent with the limited cognitive capacity of real human beings.
A Framework for Cognitive Economics features in the following genres: Social, group or collective psychology, Cognition and cognitive psychology, Economic theory and philosophy
Hardback. Not Available.
A Framework for Cognitive Economics was written by Roger A McCain and published by Praeger an imprint of ABC-CLIO
A Framework for Cognitive Economics has 317 pages