Skip to content
Register Sign in Wishlist
Look Inside A Theory of Adaptive Economic Behavior

A Theory of Adaptive Economic Behavior


  • Date Published: June 2008
  • availability: Available
  • format: Paperback
  • isbn: 9780521067119

£ 23.99

Add to cart Add to wishlist

Looking for an inspection copy?

This title is not currently available on inspection

Product filter button
About the Authors
  • This book develops dynamic economic models using the perspective and analytic framework provided by psychological learning theory. This framework is used to resolve apparent contradictions between optimization theory, which lies at the heart of all modern economic theory, and day-to-day evidence that short-run economic behaviour cannot reasonably be described solely as the outcome of efficiently implemented self-interest. The author applies this viewpoint to a number of problem areas in which literal applications of maximization theory have not usually proved to be satisfactory. These include analyses of decision-making under uncertainty and gambling behaviour, the role of consumer-oriented advertising in influencing behaviour, the persistence of price dispersions in markets, and inflation.

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity


    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?


    Product details

    • Date Published: June 2008
    • format: Paperback
    • isbn: 9780521067119
    • length: 208 pages
    • dimensions: 225 x 150 x 12 mm
    • weight: 0.31kg
    • availability: Available
  • Table of Contents

    1. Introduction
    2. Models of convergence
    3. Behavior in the short run
    4. Uncertainty
    5. An application to state lottery games
    6. An application to the problem of search behavior
    7. Inflationary disequilibrium
    8. Advertising and imitation
    9. An application to migration
    10. Conclusions.

  • Author

    John G. Cross

Sign In

Please sign in to access your account


Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner Please see the permission section of the catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.


Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

Please fill in the required fields in your feedback submission.