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37366719
Economic Theory and Cognitive Science: Microexplanation, (Paperback)
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Item #:
37366719
CAD 111
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A comprehensive new model of economic theory that recovers the core insights of neoclassical microeconomics while making them fully relevant in the context of contemporary neuroscience and ethology.
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What Stands Out
Interdisciplinary Insights
Merges economic theory with cognitive science, offering a unique perspective that enriches understanding and fosters innovative approaches to problem-solving in economic behaviors.
Comprehensive Analysis
Provides thorough exploration of microeconomic principles through cognitive lenses, addressing complex issues and enhancing decision-making strategies for both students and professionals.
Practical Applications
Delivers actionable insights that apply theoretical concepts to real-world scenarios, equipping readers with valuable tools for navigating economic challenges effectively.
Product Details
- In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical foundations of related disciplines that are relevant to the day-to-day work of economics--the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic analysis have revealed any deep empirical regularities--whether technical improvement represents improvement in any other sense. Casting Daniel Dennett and Kenneth Binmore as its intellectual heroes, the book proposes a comprehensive model of economic theory that, Ross argues, does not supplant, but recovers the core neoclassical insights, and counters the caricaturish conception of neoclassicism so derided by advocates of behavioral or evolutionary economics.Because he approaches his topic from the viewpoint of the philosophy of science, Ross devotes one chapter to the philosophical theory and terminology on which his argument depends and another to related philosophical issues. Two chapters provide the theoretical background in economics, one covering developments in neoclassical microeconomics and the other treating behavioral and experimental economics and evolutionary game theory. The three chapters at the heart of the argument then apply theses from the philosophy of cognitive science to foundational problems for economic theory. In these chapters, economists will find a genuinely new way of thinking about the implications of cognitive science for economics, and cognitive scientists will find in economic behavior, a new testing site for the explanations of cognitive science.
| Book format | Paperback |
| Fiction/nonfiction | Non-Fiction |
| Genre | Business & Investing |
| Publication date | March, 2007 |
| Pages | 454 |
| Reading level | Grade 12 |
| Series title | Bradford Books |
| Number in series | 1 |
| Edition | 1 |
| Publisher | MIT Press |
| Original languages | English |
| Language | English |
| Edu focus | Social Science |
| Binding type | Paperback / softback |
| Assembled product height | 1.5 in |
| Assembled product weight | 1.26 lb (570 grams) |
| Bisac subject heading | Business & Economics |
Who Should Buy?
-
Academic Researchers
Ideal for those exploring intersections between economics and cognitive science, enhancing understanding of microeconomic behaviors.
-
Graduate Students
Beneficial for graduate students studying economics or psychology, providing insight into theories of decision-making processes.
-
Interdisciplinary Professionals
Useful for professionals working in fields requiring economic reasoning and cognitive analysis, promoting innovative problem-solving approaches.
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Casual Readers
Not suitable for general audiences seeking light reading; the content is dense and requires prior knowledge of economics.
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Don Ross All Books Editorial Review
Economic Theory and Cognitive Science: Microexplanation, in its paperback edition, offers a profound exploration of the intersection between cognitive science and economic theory, making it a vital read for those interested in the nuances of business and investing. The book spans 454 pages and is published by MIT Press, aimed at readers at a grade 12 reading level and above. This insightful non-fiction work, part of the Bradford Books series, delves into how cognitive aspects influence economic hypotheses. Readers have noted the complexity and depth of analysis, which provides a compelling framework for understanding economic behavior through cognitive lenses.
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Pros
- In-depth exploration of economic theories
- Covers cognitive science perspectives
- Suitable for advanced readers
- Published by reputable MIT Press
- Thoroughly researched content
Cons
- Might be dense for casual readers
Product Price History
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CAD 111
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Features & Benefits
- Author: Don Ross
- ISBN: 9780262681681
- Format: Paperback
- Publication Date: 2007-03-01
- Explores the relationship between economics and other branches of behavioral science
- Proposes a comprehensive model of economic theory
- Relevant for economists and cognitive scientists
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