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Your search for "rational behaviour" over the article keywords returned 24 results.

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1. addiction

Research on addiction had already yielded a wide range of interesting and important findings when economists first arrived on the scene. The economic ...

By George Loewenstein and Scott Rick. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. Lucas critique

The ‘Lucas critique’ is a criticism of econometric policy evaluation procedures that fail to recognize that optimal decision rules of economic agents ...

By Lars Ljungqvist. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. Morgenstern, Oskar (1902–1977)

Morgenstern was born in Goerlitz, Silesia, on 24 January 1902. He died on 26 July 1977 at his home in Princeton, New Jersey. The two main intellectual ...

By Martin Shubik. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. peasant economy

A peasant is someone who lives in the country and works on the land (the word derives from the French paysan). Taking this definition, the topic ‘peasant ...

By N.H. Stern. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. Robinson Crusoe

Written by Daniel Defoe, Robinson Crusoe was first published in 1719–20. By the end of the 19th century there were many references made to a Crusoe economy ...

By M.V. White. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. collective rationality

This article reviews the concepts of individual rationality and collective rationality as they appear in the economics literature. In particular, the ...

By Lu Hong. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. epistemic game theory: an overview

The following three articles survey some aspects of the foundations of non-cooperative game theory. The goal of work in foundations is to examine in detail ...

By Adam Brandenburger. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. epistemic game theory: complete information

The epistemic programme can be viewed as a methodical construction of game theory from its most basic elements – rationality and irrationality, belief ...

By Adam Brandenburger. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. prospect theory

Prospect theory sought to provide a descriptive model of risky choice which could accommodate a number of seemingly systematic violations of conventional ...

By Graham Loomes. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. economic man

Economic man ‘knows the price of everything and the value of nothing’, so said because he or she calculates and then acts so as to satisfy ...

By Shaun Hargreaves-Heap. From The New Palgrave Dictionary of Economics, Second Edition, 2008