Rationality, bounded rationality and microfoundations

Foundations of theoretical economics

  • Authors
  • Reza Salehnejad

Table of contents

About this book


This book challenges the generally accepted theories of classical economics, explaining why the expected utility theory, even if it were true, fails to be of much help in solving economic controversies.


bounded rationality economic theory economics macroeconomics utility utility theory

Bibliographic information

Industry Sectors
Finance, Business & Banking