Identity, Capabilities, and Changing Economics: Reflexive, Adaptive, Socially Embedded Individuals - Image 1

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Cambridge University Press Identity, Capabilities, and Changing Economics: Reflexive, Adaptive, Socially Embedded Individuals

Name: Identity, Capabilities, and Changing Economics: Reflexive, Adaptive, Socially Embedded Individuals
Brand: Cambridge University Press
Price: 79.99 GBP
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Business & Economic History

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Mainstream economics assumes economic agents act and make decisions to maximize their utility. This model of economic behavior, based on rational choice theory, has come under increasing attack in economics because it does not accurately reflect the way people behave and reason. The shift towards a more realistic account of economic agents has been mostly associated with the rise of behavioral economics, which views individuals through the lens of bounded rationality. Identity, Capabilities, and Changing Economics goes further and uses identity analysis to build on this critique of the utility conception of individuals, arguing it should be replaced by a conception of economic agents in an uncertain world as socially embedded and identified with their capabilities. Written by one of the world's leading philosophers of economics, the book develops a new approach to economics' theory of the individual, explaining individuals as adaptive and reflexive rather than utility maximizing.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1009438239
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 01 February 2024
Listed Since: 10 August 2023

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Cambridge University Press Identity, Capabilities, and Changing Economics: Reflexive, Adaptive, Socially Embedded Individuals

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This is the usual price. Wait for it to drop, or tell us your number.

Cambridge University Press Identity, Capabilities, and Changing Economics: Reflexive, Adaptive, Socially Embedded Individuals

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