Rationality is a central concept in economic thought and one of the most basic assumptions for its explanatory and prescriptive power. Shaun Hargreaves-Heap's book contends that the model of rationality assumed by economics is seriously flawed and that the social world of economic agents cannot considered independent of our beliefs, hypothesis and conjectures about that world. In its place the author argues that the idea of rationality must acknowledge uncertainty and the existential concerns of individuals. Throughout the argument the author draws widely on the literature of economics, making the book a survey of the major philosophical disputes in the subject. "Rationality in Econimics" will be welcomed throughout the social sciences for the breadth of its analysis.
- ISBN10 0631156666
- ISBN13 9780631156666
- Publish Date 7 September 1989
- Publish Status Out of Print
- Out of Print 10 July 1992
- Publish Country GB
- Publisher John Wiley and Sons Ltd
- Imprint Blackwell Publishers
- Format Hardcover
- Pages 256
- Language English