Rationality in Economics: Constructivist and Ecological Forms by Vernon L. Smith

Rationality in Economics: Constructivist and Ecological Forms

Vernon L. Smith

364 pages missing pub info (editions)

nonfiction economics challenging informative medium-paced
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The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. ...

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