ISBN: 9781330801291 - deterministic chaos in an experimental economic system (classic reprint) (3 Ergebnisse)

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Zustand: New. Print on Demand. This book ventures into the unexplored territory of human behavioral patterns revealed through experimental economics and simulations. The author masterfully employs laboratory studies to investigate dynamic decision-making processes, shedding light on how individuals respond to economic systems in disequilibrium. The experiments challenge the prevailing assumption that human behavior in these systems is stable and optimal, highlighting instead the complex and often chaotic dynamics that can emerge. Through mathematical models grounded in psychology and economics, the author demonstrates how seemingly rational decision rules can lead to unexpected outcomes. This cutting-edge research provides valuable insights into the potential for deterministic chaos in human decision-making, challenging conventional wisdom and opening up new avenues for understanding complex economic phenomena. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…