Bounded Rationality and Industrial Organization
The Ultimate Guide to Understanding Economic Behavior
In Bounded Rationality and Industrial Organization, renowned economists draw on the latest behavioral economics research to show how firms, consumers, and regulators actually behave. This groundbreaking book will change the way we think about industrial organization and economic behavior.
4.3 out of 5
| Language | : | English |
| File size | : | 6129 KB |
| Text-to-Speech | : | Enabled |
| Screen Reader | : | Supported |
| Enhanced typesetting | : | Enabled |
| Word Wise | : | Enabled |
| Print length | : | 242 pages |
| Lending | : | Enabled |
| X-Ray for textbooks | : | Enabled |
Traditional economic theory assumes that people are rational actors who make decisions in their own best interests. However, behavioral economics research has shown that people are often boundedly rational, meaning that they make decisions that are not always in their best interests.
Bounded rationality has a significant impact on industrial organization. For example, boundedly rational firms may not always choose the most efficient production methods or pricing strategies. Boundedly rational consumers may not always choose the products that are in their best interests.
Bounded Rationality and Industrial Organization provides a comprehensive overview of the latest research on bounded rationality and its implications for industrial organization. The book covers a wide range of topics, including:
- The nature of bounded rationality
- The impact of bounded rationality on firm behavior
- The impact of bounded rationality on consumer behavior
- The impact of bounded rationality on regulatory behavior
Bounded Rationality and Industrial Organization is essential reading for anyone who wants to understand how firms, consumers, and regulators actually behave. This groundbreaking book will change the way we think about industrial organization and economic behavior.
Table of Contents
- The Nature of Bounded Rationality
- The Impact of Bounded Rationality on Firm Behavior
- The Impact of Bounded Rationality on Consumer Behavior
- The Impact of Bounded Rationality on Regulatory Behavior
Author Biographies
Author 1 is a professor of economics at the University of California, Berkeley. He is a leading expert on bounded rationality and its implications for industrial organization. He has published numerous articles in top economics journals, including the American Economic Review, the Quarterly Journal of Economics, and the Journal of Industrial Economics.
Author 2 is a professor of economics at the University of Chicago. She is a leading expert on consumer behavior and its implications for industrial organization. She has published numerous articles in top economics journals, including the American Economic Review, the Quarterly Journal of Economics, and the Journal of Marketing Research.
Free Download Your Copy Today!
Bounded Rationality and Industrial Organization is available now from all major booksellers. Free Download your copy today and start learning about the latest research on bounded rationality and its implications for industrial organization.
4.3 out of 5
| Language | : | English |
| File size | : | 6129 KB |
| Text-to-Speech | : | Enabled |
| Screen Reader | : | Supported |
| Enhanced typesetting | : | Enabled |
| Word Wise | : | Enabled |
| Print length | : | 242 pages |
| Lending | : | Enabled |
| X-Ray for textbooks | : | Enabled |
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4.3 out of 5
| Language | : | English |
| File size | : | 6129 KB |
| Text-to-Speech | : | Enabled |
| Screen Reader | : | Supported |
| Enhanced typesetting | : | Enabled |
| Word Wise | : | Enabled |
| Print length | : | 242 pages |
| Lending | : | Enabled |
| X-Ray for textbooks | : | Enabled |
