Coda

Roger Koppl
Additional contact information
Roger Koppl: Fairleigh Dickinson University

A chapter in Big Players and the Economic Theory of Expectations, 2002, pp 195-203 from Palgrave Macmillan

Abstract: Abstract Standard economic theory models human action as rational maximizing. Most economists are dissatisfied with this “neoclassical” model. But no clear replacement has come along. Most economists recognize that rational maximizing is a reasonable assumption in certain cases. But they also recognize that these special cases, though important, are only some of the cases of interest to economists. The argument of this book, including the language-games framework of Chapter 5, may be useful to modern economists dissatisfied with the standard model.

Keywords: Institutional Investor; Complexity Theory; Austrian Economic; Money Demand; Bounded Rationality (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62924-0_11

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230629240

DOI: 10.1057/9780230629240_11

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().