Allocation of scarce resources when rationality is one of them: some consequences of cognitive inequalities for theory and policy
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References listed on IDEAS
- Sidney G. Winter, 1971. "Satisficing, Selection, and the Innovating Remnant," The Quarterly Journal of Economics, Oxford University Press, vol. 85(2), pages 237-261.
- Pelikan, P, 1992. "The Dynamics of Economic Systems, or How to Transform a Failed Socialist Economy," Journal of Evolutionary Economics, Springer, vol. 2(1), pages 39-63, March.
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- Pavel Pelikán, 2010. "The Government Economic Agenda in a Society of Unequally Rational Individuals," Kyklos, Wiley Blackwell, vol. 63(2), pages 231-255, May.
More about this item
Keywordsunequally bounded rationality; rationality-allocation; tangled hierarchy; institutionally shaped evolution; comparative institutional analysis;
- P5 - Economic Systems - - Comparative Economic Systems
- D6 - Microeconomics - - Welfare Economics
- H1 - Public Economics - - Structure and Scope of Government
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-CBE-2007-06-23 (Cognitive & Behavioural Economics)
- NEP-EVO-2007-06-23 (Evolutionary Economics)
- NEP-HPE-2007-06-23 (History & Philosophy of Economics)
- NEP-UPT-2007-06-23 (Utility Models & Prospect Theory)
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