Description: Rational Choice by Itzhak Gilboa (2010, Hardcover, New Edition). Some wear along edges of the dust jacket. See photos. This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak Gilboa argues that economic theory has provided a set of powerful models and broad insights that have changed the way we think about everyday life. He focuses on basic insights of the rational choice paradigm--the general conceptualization rather than a particular theory--that survive recent (and well-justified) critiques of economic theory's various failures. Gilboa explains the main concepts in language accessible to the nonspecialist, offering a nonmathematical guide to some of the main ideas developed in economic theory in the second half of the twentieth century. Chapters cover feasibility and desirability, utility maximization, constrained optimization, expected utility, probability and statistics, aggregation of preferences, games and equilibria, free markets, and rationality and emotions. Online appendixes offer additional material, including a survey of relevant mathematical concepts.
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Book Title: RATIONAL Choice
Narrative Type: Nonfiction
Item Length: 9.1in.
Publisher: The MIT Press
Publication Year: 2010
Format: Hardcover
Language: English
Item Height: 0.7in.
Author: Itzhak Gilboa
Features: Dust Jacket, New Edition
Genre: Business & Economics, Social Science
Country/Region of Manufacture: United States
Topic: Economics / Microeconomics, Economics / Theory, General
Item Width: 6.3in.
Item Weight: 15 oz
Number of Pages: 296 Pages