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To Weigh or Not to Weigh that is the Question: Advice on Weighing Goods in a Boundedly Rational Way

In: Evolution, Organization and Economic Behavior

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  • Werner Güth
  • Hartmut Kliemt

Abstract

This new and original collection of papers focuses on the intersection of three strands of research: evolutionary economics, behavioral economics, and management studies. Combining theoretical and empirical contributions, the expert contributors demonstrate that the intersection of these fields provides a rich source of opportunities enabling researchers to find more satisfactory answers to questions that (not only evolutionary) economists have long been tackling. Topics discussed include individual agents and their interactions; the behavior and development of firm organizations; and evolving firms and their broader implications for the development of regions and entire economies.

Suggested Citation

  • Werner Güth & Hartmut Kliemt, 2012. "To Weigh or Not to Weigh that is the Question: Advice on Weighing Goods in a Boundedly Rational Way," Chapters, in: Guido Buenstorf (ed.), Evolution, Organization and Economic Behavior, chapter 2, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:14183_2
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    Keywords

    Economics and Finance;

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