The Theory of the Moral Sentiments [Adam Smith] : If every individual is selfish and free to think and act in his own interest, then will the society fall apart or stand composed, ever-growing, promoting everyone's well-being, delivering justice to every one, ....?
Classics in Institutional Economics: [TB Veblen on Economics as an Evolutionary Science]
Rational Analysis, Bounded Rationality and Optimization
[Herbert A. Simon] Evolution did not give rise to optimal agents, but to agents which are in some senses locally optimal at best ... optimization implies that the goals of the agent are known explicitly ... the utility functions are known .... but, in fact, real agents must often act with insufficient knowledge ...
Modeling Bounded Rationality [Ariel Rubinstein]
Rationality and Bounded Rationality [Robert Aumann] ... There is no unified theory of bounded rationality, and probably never ...
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