Cognitive developments in economics /
edited by Salvatore Rizzello.
- viii, 401 pages : illustrations ; 25 cm.
- Routledge frontiers of political economy ; 48 .
- Routledge frontiers of political economy ; 48. .
Includes bibliographical references and index.
List of figures -- List of tables -- List of contributors -- Acknowledgements -- Introduction: towards a cognitive evolutionary economics -- Discrepancies: competing theories and ideologies as cognitive traps: the scientific discovery as puzzle-solving -- Cognitive science meets evolutionary theory: what implications does evolutionary psychology have for economic theorising? -- Towards a cognitive experimental economics -- Accounting for social knowledge in economic analysis: the relevance of Adam Smith's framework -- The making of a behavioural economist: Herbert A. Simon and the early evolution of bounded rationality -- The rhetorical dimensions of bounded rationality: Herbert A. Simon and organizational economics -- Cognition, entrepreneurial conceptions and the theory of the firm -- Knowledge, understanding and the epistemology of innovative firms -- Managing exploitation and exploration -- The epistemic foundations of social organizations: a game theoretical approach -- Interactive learning and technological knowledge: the localised character of innovation processes -- Cognitive economies and the 'nature of the district' -- Learning in economics: some Austrian insights -- Beliefs, knowledge and equilibrium: a different perspective on Hayek -- Guesswork and knowledge in evolutionary economics: Veblen revisited -- Problem complexity and problem representation: some implications for the theory of economic institutions -- Index. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16.
"Cognitive Economics proposes an interdisciplinary approach to the study of human problem solving, choice, decision making and change to explain economic transactions, the nature and evolution of organizations and institutions. This book contains some of the most cutting edge research in ecnomics. Leading scholars including Ulrich Witt, Stanley Metcalfe, Richard Arena and Bart Nooteboom cover such topics as:* ecnomic methodology* bounded rationality* learning and cognition in firms* institutional ecnomicsCognitive ecnomics contributes to a large spectrum of ecnomic fields such as consumer theroy, ecnomics of the firm, economics of innovation, evolutionary ecnomics and experimental ecnomics. This book is particularly pertinent given the recent award of the Nobel Prize to Daniel Kahneman--evidence that this is one of the true frontiers of ecnomic theory today."--Publisher description.