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Human Behavior in Economics. Edition No. 1
VDM Publishing House, Jan 2009, Pages: 164
Despite the great promise of
neoclassical economics, economists have been
unable to fully operationalize the approach and
realistically explain and resolve a broad range of
behavioral anomalies. This book examines human
behavior in economics and will explain how the
neoclassical approach is flawed and how a realistic
theory of human behavior, developed from the
scholarly work of the early Austrian Economists can
be used to develop a scientific economics that holds
the potential to both expand the scope of economic
understanding and unify the discipline.
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