Book Details

978-3-540-71347-0

Cognitive Economics

Publication year: 2008

ISBN: 978-3-540-71347-0

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As a manifestation of a 'cognitive turn' observable in all social sciences, Cognitive Economics is concerned with the beliefs and mental operations held by actors placed within a dynamical and strategic environment. It appears as a synthesis of an educative research program, dealing with crossed expectations of actors, and an evolutionist research program on collective learning processes. The book mainly aims at extending the framework of game theory in order to better fit the results of rapidly increasing laboratory experiments concerned with individual choices and collective interactions. It also seeks to better explain some original economic phenomena involving boundedly rational agents in an institutional setting such as financial bubbles, job search or technological innovation.


Subject: Business and Economics, Action, Belief Revision, Belief Structure, Cognitive Economics, Evolution, Human Cognition, Learning, Reasoning, agents, cognition, game theory