Choice, Complexity and Ignorance: An Enquiry Into Economic Theory and the Practice of Decision-Making

abstraction accepted action alternative analysis appears applied argued argument assume assumption attempt basis become behaviour belief chapter choice circumstances claims competition complex concerned consequences consider consumer costs course critical dangerous decision decision-making decomposable defined demand demonstrate depends determined difficulties discussed economic economists effects efficiency equilibrium theory established evidence example existence expectations experience explain external fact firm formal function future ignorance imperfect implies important increasing individual industry Keynes kind knowledge lead limits logic major means method natural necessary objectives observes offer operating organisation paradigm partial particular perfect planning positive possible practice precisely predict preference present problems production profit programme question rationality reason relevant response scientific similar situation solution specific standards structure success sufficiency suggest theorists tion