https://www.investmentnews.com/wp-content/uploads/assets/graphics src="/wp-content/uploads2018/11/CI1176951031.JPG" Making a sandwich is easy. Making a perfect ...

ver the last three months, the Trade Ministry has changed its policy instruments three times to stabilize the cooking oil price within a range the government believes will protect domestic consumers ...

To date we have taken apart the firm and examined where institutions offer no advantage over bargaining by individuals, or relying on the price mechanism. We have seen two early explanations for ...

The form of bounded rationality characterizing the representative agent is key in the choice of the optimal monetary policy regime. While inflation targeting prevails for myopia that distorts agents' ...

The BRIC (Bounded Rationality in Choice) conference brings together researchers in choice theory, experimental economics and behavioral economics who are interested in how bounds on rationality play ...

This is a theory of economic behaviour which states that human beings make decisions on the basis of limited information and constrained cognitive ability. This is in contrast to the typical ...

This refers to a behavioural hypothesis which states that the rational ability of individuals is limited by various factors when it comes to making decisions. A person making a decision may possess ...