Modelling Learning in Economics

Booknews

Of particular interest to economic psychologists and those working with game theory and consumer and investment behavior, this book examines the ways people learn and provides mathematical models for their description within an economic context. Brenner, a Research Associate at the Max-Planck-Institute for Research into Economic Systems, identifies three types of learning processes, proposes a model for each, and presents applications of these models to various economic topics such as evolutionary game theory, consumption behavior, and the diffusion of innovation. Annotation c. Book News, Inc., Portland, OR (booknews.com)