Economics and Finance All books
Bernard Walliser
Cognitive Economics
This book should help readers gain a greater understanding of economic reasoning and rationality. It shows how a period of study and apprenticeship can improve the otherwise limited rationality of economic decisions-makers, how to co-ordinate the various actors expectations in a given situation, and how speculation results from the circulation of the opinions of the economic decision-makers. Bernard Walliser teaches economics at the Ecole des Ponts et Chaussées.