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Bounded Rationality and Public Policy: A Perspective from Behavioural Economics 2009th Edition
Author(s): Alistair Munro (Author)
- Publisher: Springer
- Publication Date: June 10, 2009
- Edition: 2009th
- Language: English
- Print length: 320 pages
- ISBN-10: B006GZTI9M
- ISBN-13: 9781402094736
Book Description
This book is about bounded rationality and public policy. It is written from the p- spective of someone trained in public economics who has encountered the enormous literature on experiments in decision-making and wonders what implications it has for the normative aspects of public policy. Though there are a few new results or models, to a large degree the book is synthetic in tone, bringing together disparate literatures and seeking some accommodation between them. It has had a long genesis. It began with a draft of a few chapters in 2000, but has expanded in scope and size as the literature on behavioural economics has grown. At some point I realised that the geometric growth of behavioural – search and the arithmetic growth of my writing were inconsistent with an am- tion to be exhaustive. As such therefore I have concentrated on particular areas of behavioural economics and bounded rationality. The resulting book is laid out as follows: Chapter 1 provides an overview of the rest ofthe book, goes through some basic de?nitions and identi?es themes.
