{"product_id":"rational-choice-itzhak-gilboa-9780262518055","title":"Rational Choice","description":"\u003cb\u003eA nontechnical, concise, and rigorous introduction to the rational choice paradigm, focusing on basic insights applicable in fields ranging from economics to philosophy.\u003c\/b\u003e\u003cp\u003eThis book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak Gilboa argues that economic theory has provided a set of powerful models and broad insights that have changed the way we think about everyday life. He focuses on basic insights of the rational choice paradigm--the general conceptualization rather than a particular theory--that survive recent (and well-justified) critiques of economic theory's various failures. Gilboa explains the main concepts in language accessible to the nonspecialist, offering a nonmathematical guide to some of the main ideas developed in economic theory in the second half of the twentieth century.\u003c\/p\u003e\u003cp\u003eChapters cover feasibility and desirability, utility maximization, constrained optimization, expected utility, probability and statistics, aggregation of preferences, games and equilibria, free markets, and rationality and emotions. Online appendixes offer additional material, including a survey of relevant mathematical concepts.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Itzhak Gilboa\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0262518058\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780262518055\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e MIT Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/17\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 176\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.61lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.70h x 5.70w x 0.50d","brand":"Itzhak Gilboa","offers":[{"title":"Paperback","offer_id":44119489052927,"sku":"9780262518055","price":40.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_e2cfe6b5-d1d3-4e57-8e49-a6bdd658e043.jpg?v=1687409626","url":"https:\/\/www.whiterainbookhouse.com\/products\/rational-choice-itzhak-gilboa-9780262518055","provider":"WR Book House","version":"1.0","type":"link"}