Economics and Cognitive Science
The neo-classical approach to analyzing the performance of an economy assumes that in the face of pervasive scarcity individuals make choices reflecting a set of desires, wants or preferences. But valuable as this model has been for the development of an elegant body of theory it is a very imperfect tool for solving economic problems both at a moment of time but particularly over time. The puzzle I seek to unravel is how do humans evolve and believe in theories in the face of uncertainty.
|Date of creation:||05 Dec 1996|
|Date of revision:|
|Note:||Type of Document - Word; prepared on PC;print on HP Laser; 8 pages|
|Contact details of provider:|| Web page: http://126.96.36.199 |
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