Titlebook: Bounded Rationality and Public Policy; A Perspective from B Alistair Munro Book 2009 Springer Science+Business Media B.V. 2009 behavioral e

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Anomalies,n the anomalies I discuss, concentrating on the most familiar and on some of the objections which might be raised against their existence. In line with the objectives of the book, the focus will be on features which have significance for public policy.

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Welfare,t theories, such as utilitarianism. The evidence surveyed in Chapters 2 and 4 adds a class of empirical challenges for standard welfare economics. This chapter is devoted to considering the implications of it for theories of welfare.

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1571-487X d on particular areas of behavioural economics and bounded rationality. The resulting book is laid out as follows: Chapter 1 provides an overview of the rest ofthe book, goes through some basic de?nitions and identi?es themes.978-90-481-8134-6978-1-4020-9473-6Series ISSN 1571-487X

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Designing the Crew Exploration Vehicle,unded rationality and the optimal boundaries of the state – does bounded rationality make the case for state organisation of economic relationships stronger or weaker? My argument here is that the issue is not clear-cut. Markets provide learning opportunities for citizens. Moreover, information on w