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Bounded Rationality and Public Policy: A Perspective from by Alistair Munro

By Alistair Munro

This e-book is set bounded rationality and public coverage. it really is written from the p- spective of somebody expert in public economics who has encountered the large literature on experiments in decision-making and wonders what implications it has for the normative facets of public coverage. notwithstanding there are a couple of new effects or types, to a wide measure the ebook is artificial in tone, bringing jointly disparate literatures and looking a few lodging among them. It has had a protracted genesis. it all started with a draft of some chapters in 2000, yet has increased in scope and dimension because the literature on behavioural economics has grown. at some point soon I realised that the geometric progress of behavioural - seek and the mathematics progress of my writing have been inconsistent with an am- tion to be exhaustive. As such as a result i've got targeting specific parts of behavioural economics and bounded rationality. The ensuing e-book is laid out as follows: bankruptcy 1 offers an outline of the remainder of the e-book, is going via a few simple de?nitions and identi?es themes.

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