The Rational Foundations of Economic Behaviour

Proceedings of the Iea Conference Held in Turin, Italy
1996. Auflage 1996
ISBN: 978-0-333-77726-8
Verlag: Palgrave MacMillan UK

Buch, Englisch, 404 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 561 g

This volume comprises fourteen papers presented to a conference of the IEA held at the International Centre for Economic Research, Turin. Four areas are identified in which theoretical and empirical developments are discussed for the fuller understanding of personal (as opposed to collective) behaviour with economic objectives: rational choice and associated problems of logic; rationality as explained by game theory; experiments to elucidate rational behaviour; and alternative treatments of rationality in decision-making theory. The preface by Nobel Laureate Kenneth Arrow traces the evolution of concepts of economic rationality from the start of this century.

Zielgruppe

Research

Autoren/Hrsg.

Arrow, K.

Colombatto, E.

Perlman, M.

Schmidt, C.

Inhaltsverzeichnis

The International Economic Association Acknowledgements List of Contributors Abbreviations Preface; K.J.Arrow Introduction; E.Colombatto & M.Perlman PART 1: RATIONAL CHOICE AND LOGICAL PROBLEMS Decision Kinematics; R.C.Jeffrey - Comment; C.Schmidt Consequentialism, Structural Rationality and Game Theory; P.J.Hammond - Comment; B.Munier Paradoxes of Rationality in Decision-making Theory; C.Schmidt - Comment; F.Donzelli - Rejoinder; C.Schmidt Rationality and Comprehension; A.Margalit & M.Yaari - Comment; A.Sen - Rejoinder; R.J.Aumann PART 2: RATIONALITY IN GAME THEORY Rationalizing Backward Induction; K.Binmore & L.Samuelson - Comment; B.Walliser - Rejoinder; R.J.Aumann The Decision-Theoretic Foundations of Game Theory; M.Mariotti - Comment; P.Battigalli Nash Equilibrium and Evolution by Imitation; J.Bjornerstedt & J.Weibull - Comment; P.L.Sacco PART 3: RATIONAL BEHAVIOUR FROM AN EXPERIMENTAL APPROACH Rational Theory and Constructive Choice; A.Tversky - Comment; A.E.Roth New Challenges to the Rationality Assumption; D.Kahneman - Comment; C.R.Plott Rational Individual Behaviour in Markets and Social Choice Processes; C.R.Plott - Comment; D.Kahneman Adaptive Behaviour and Strategic Rationality: Evidence from the Laboratory and the Field; A.E.Roth - Comment; J-L.Rulliere PART 4: ALTERNATIVE TREATMENTS OF RATIONALITY IN DECISION-MAKING SYSTEMS The Rationality of Adaptive Agents; J.H.Holland - Comment; F.Hahn Routines, Hierarchies of Problems, Procedural Behaviour: Some Evidence from Experiments; M.Egidi - Comment; H.Sabourian Rational Preferences and Rational Beliefs; M.Kurz - Comment; K.J.Arrow Postface; C.Schmidt Index of Names Subject Index

Über Autor(innen)

ROBERT AUMANN The Hebrew University of Jerusalem, Israel
PIERPAOLO BATTIGALLI Princeton University, USA, and Politecnico di Milano, Italy
KENNETH BINMORE University College, London
JONAS BJORNESTEDT Stockholm University, Sweden
FRANCO DONSELLI Università di Milano, Italy
MASSIMO EGIDI Università di Trento, Italy
FRANK HAHN University of Cambridge
PETER J. HAMMOND Stanford University, USA
JOHN H. HOLLAND University of Michigan, USA
RICHARD C. JEFFREY Princeton University, USA
DANIEL KAHNEMAN Princeton University, USA
MORDECAI KURZ Stanford University, USA
AVISHAI MARGALIT The Hebrew University of Jerusalem, Israel
MARCO MARIOTTI Queen Mary and Westfield College, University of London
BERTRAND MUNIER GRID, Ecole Normale Supérieure de Cachan, France
CHARLES R. PLOTT California Institute of Technology, USA
ALVIN E. ROTH University of Pittsburgh, USA
JEAN-LOUIS RULLIERE GRID, Ecole Normale Supérieure de Cachan, France
HAMID SABOURIAN King's College, University of Cambridge
PIERLUIGI SACCO Università di Firenze, Italy
LARRY SAMUELSON University of Wisconsin, USA
AMARTYA SEN Harvard University, USA
AMOS TVERSKY Stanford University, USA
BERNARD WALLISER CERAS, Ecole Nationale des Ponts et Chausées, France
JORGEN WEIBULL Stockholm University, Sweden
MENAHEM E. YAARI The Open University of Israel