Academic literature on the topic 'Keynes's theory'

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Journal articles on the topic "Keynes's theory"

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O'Donnell, Rod. "General theorising and historical specificity: Hodgson on Keynes." Journal of Institutional Economics 15, no. 4 (2019): 715–31. http://dx.doi.org/10.1017/s1744137418000413.

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AbstractIn relation to Keynes's thought on general theorising, consumption theory and institutions, this paper closely examines Geoff Hodgson's views as set out in his magisterial work, How Economics Forgot History. While in full agreement with its advocacy of the institutionalist programme, it finds that Keynes's position has been misunderstood in all three areas, and that deep compatibilities exist between the General Theory and institutionalist analysis. Using all his available writings, it is argued that Keynes's conception of a general theory is very different from that underpinning neocl
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Mann, Ruslan, Natalia Ilchenko, Natalia Tychkova, and Baranov Baranov. "ANALYSIS OF J. KEYNES'S CONTRIBUTION IN THE DEVELOPMENT OF ECONOMIC THEORY." Proceedings of Scientific Works of Cherkasy State Technological University Series Economic Sciences, no. 60 (April 19, 2021): 14–21. http://dx.doi.org/10.24025/2306-4420.1.60.2021.229181.

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The article describes the educational and scientific university environment in which Keynes's talent was formed, as well as the Bloomsbury Circle of Intellectuals, in which Keynes occupied a prominent place. The formation of Keynes's specific approach to economic problems, which combine the analysis of real problems, theory and formulation of the practical proposals, is considered on the example of the early work of Keynes in the 1910s. The article argues that Keynesianism is the real engine of the modern economy. Keynes developed methods and apparatus by which the conceptual vision of economi
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Olanrewaju, Saliu Mojeed, and Akeju Kemi Funlayo. "Public Expenditure and Economic Growth: A Test of Wagner’s and Keynes Hypotheses in Nigeria and Angola Economies." European Journal of Humanities and Social Sciences 1, no. 3 (2021): 21–26. http://dx.doi.org/10.24018/ejsocial.2021.1.3.31.

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This study verifies the validation of Wagner’s theory and Keynes's hypothesis between three main government expenditure components (Health expenditure, education expenditure, and capital investment expenditure) and economic growth in Nigeria and Angola. The study employs Johansen cointegration and pairwise granger causality as the estimation techniques. Findings revealed no evidence of long-run relationships with government expenditure components of health, education, and capital investment and economic growth. The study equally reveals the validation of Wagner’s theory between growth and expe
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Horwitz, Steuert. "Keynes's special theory." Critical Review 3, no. 3-4 (1989): 411–34. http://dx.doi.org/10.1080/08913818908459574.

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Sardoni, Claudio. "The General Theory and the Critique of Decreasing Returns." Journal of the History of Economic Thought 16, no. 1 (1994): 61–85. http://dx.doi.org/10.1017/s1053837200001425.

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The prevailing opinion among John Maynard Keynes's interpreters is that, in writing The General Theory, Keynes ignored the other “revolution” which was taking place in Cambridge at the time, the critique of Marshallian microeconomics which led to the development of the notion of imperfect competition.
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Bateman, Bradley W. "Keynes's Changing Conception of Probability." Economics and Philosophy 3, no. 1 (1987): 97–119. http://dx.doi.org/10.1017/s0266267100002753.

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One of the most actively discussed aspects of Keynes's thought during the last decade has been his concern with uncertainty and probability theory. As the concerns of current macroeconomic theorists have turned increasingly to the effects of expectations and uncertainty, interest has grown in the fact that Keynes was the author of A Treatise on Probability (1921) and that uncertainty plays a prominent role in Chapter 12 of The General Theory as well as in three 1937 papers in which he summarized The General Theory's main point. Not surprisingly, though, there has been very little agreement in
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Brady, Michael Emmett. "An Examination of Ramsey's Critique: The Lack of Support in Dismissing Keynes's Logical Theory of Probability." Economic Analysis Letters 2, no. 2 (2023): 17–22. http://dx.doi.org/10.58567/eal02020003.

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In his 1922 review for Cambridge Magazine of Keynes's A Treatise on Probability, and again in his 1926 review "Truth and Probability" (published in 1931 and republished in Kyburg and Smokler's 1980 edition), Ramsey provided examples critiquing Keynes's logical theory of probability. However, these examples do not disprove Keynes's theory as all of them are flawed. The flaws arise because all the pairs of propositions that Ramsey used to substantiate his criticisms are irrelevant to each other. Such irrelevant propositions are explicitly excluded from Keynes's theory in pages 4-6 of his A Treat
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Radonjic, Ognjen. "Animal spirits: Keynes' theory of rational investment decision-making under conditions of fundamental uncertainty." Theoria, Beograd 52, no. 1 (2009): 17–44. http://dx.doi.org/10.2298/theo0901017r.

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Keynes's term, animal spirits, has been mistakenly confused with irrational decision-making. However, if we accept Keynes' assumption that future is fundamentally uncertain and nonergodic, animal spirits become key factor that makes continual process of investment decision-making possible. On the other hand, if animal spirits blunt, investment activity dwindles and makes emergence of deep economic crisis likely.
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Lavoie, Marc, and Athanasios Asimakopulos. "Keynes's General Theory and Accumulation." Canadian Journal of Economics 25, no. 2 (1992): 503. http://dx.doi.org/10.2307/135879.

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Singerman, David Roth. "Keynesian Eugenics and the Goodness of the World." Journal of British Studies 55, no. 3 (2016): 538–65. http://dx.doi.org/10.1017/jbr.2016.56.

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AbstractThis article shows how John Maynard Keynes's lifelong commitment to eugenics was deeply embedded in his political, economic, and philosophical work. At the turn of the century, eugenics seemed poised to grant industrial nations unprecedented control over their own future, but that potential depended on contested understandings of the biological mechanisms of inheritance. Early in his career, Keynes helped William Bateson, Britain's chief proponent of Mendelian genetics, analyze problems in human heredity. Simultaneously, Keynes publicly opposed the efforts by Francis Galton and Karl Pe
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Dissertations / Theses on the topic "Keynes's theory"

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Dinivitzer, Eugenia. "The gold-exchange standard in theory : Keynes's original approach." Paris 8, 2014. http://www.theses.fr/2014PA084051.

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The aim of the dissertation is to highlight the richness of Keynes’s normative view of the Gold Exchange Standard during his alleged orthodox period, i. E. , during the years of the writing of his Indian Currency and Finance, his Tract on Monetary Reform and his Treatise on Money books. It argues that while the salient feature of this system, the economy in gold, is traditionally interpreted as an end desired in itself, in Keynes’s mind it rather represents, in all of these writings, a device for achieving subsequent objectives. His plea for this system is thus not explained on the grounds tha
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Tily, Geoffrey Lawrence John. "Keynes's general theory, the rate of interest and 'Keynesian economics'." Thesis, University College London (University of London), 2005. http://discovery.ucl.ac.uk/1446514/.

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Keynes was primarily concerned with monetary policy not fiscal policy. Viewed as a coherent whole, his work was concerned with the appropriate technique and infrastructure for the management of money. More specifically, his rejection of the gold standard led ultimately to his proposal for an international clearing union to support domestic debt-management and monetary policies aimed at cheap money. His ideas became reality. With the start of the great depression, governments across the world began an era of the deliberate management of money. While many others have argued that 'Keynesian' econ
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Dixon, William. "The development of the concept of unemployment leading to Keynes's general theory." Thesis, City University London, 1996. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.337852.

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García, M. "From the instantaneous picture to the dynamic development : essays on the history and dynamic implications of some of Keynes's concepts for analysing a monetary economy in 'The General Theory'." Thesis, University of Cambridge, 1999. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.599303.

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The study of a monetary economy requires concepts that are appropriate for this task. The essays in this dissertation study some of the concepts that Keynes used in this kind of analysis in The General Theory They have to do with the peculiarities of a monetary production economy and with the irreversibility of time. They also try to go beyond a history of economic theory and develop, where appropriate, the implications of Keynes's ideas for modern theory. Keynes argued that an essential feature of money was its zero elasticity of substitution. The first essay relates this idea to the 1930's d
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Chan, Yiu-fai, and 陳耀輝. "The theory of employment: Keynes & Pigou." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1999. http://hub.hku.hk/bib/B31954856.

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Chan, Yiu-fai. "The theory of employment : Keynes & Pigou /." Hong Kong : University of Hong Kong, 1999. http://sunzi.lib.hku.hk/hkuto/record.jsp?B23425088.

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Baddeley, Michelle. "Rationality, expectations and investment : the theory of Keynes vs. neo-classical theory." Thesis, University of Cambridge, 1995. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.435362.

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Gerrard, William James. "Keynes, the Keynesians and the classics : a suggested interpretation." Thesis, University of York, 1994. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.259850.

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Boianovsky, Mauro. "Wicksell and the business cycle : studies in macroeconomics before Keynes." Thesis, University of Cambridge, 1995. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.388757.

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Zerbato, Michel. "Keynes et l'économie monétaire de production." Bordeaux 1, 1991. http://www.theses.fr/1991BOR1D001.

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Books on the topic "Keynes's theory"

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Dow, Sheila C. Keynes's epistomology and economic methodology. Department of Economics, University of Stirling, 1989.

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W, Dimand Robert, Mundell Robert A, Vercelli Alessandro, and International Economic Association, eds. Keynes's general theory after seventy years. Palgrave Macmillan, 2010.

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Asimakopulos, Athanasios. The theoretical significance of Keynes's general theory. Thames Polytechnic, 1988.

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Chick, Victoria. Keynes's General Theory after fifty years: What remains?. University College, 1986.

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Tily, Geoff. Keynes's General theory, the rate of interest and Keynesian economics: Keynes betrayed. Palgrave Macmillan, 2007.

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Čaušević, Fikret. The Global Crisis of 2008 and Keynes's General Theory. Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-11451-4.

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Drakopoulos, S. A. Keynes's economic thought and the theory of consumer behaviour. University of Aberdeen, Department of Economics, 1990.

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Tily, Geoff. Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics. Palgrave Macmillan UK, 2007. http://dx.doi.org/10.1057/9780230801370.

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Hirai, Toshiaki. Keynes's theoretical development: From the tract to the general theory. Routledge, 2008.

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Glahe, Fred R. Keynes's The general theory of employment, interest, and money: A concordance. Rowman & Littlefield, 1991.

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Book chapters on the topic "Keynes's theory"

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Gonjo, Yasuo, Kazuhiko Yago, and Patrick Fridenson. "Keynes's “General Theory” Which is not a General Theory." In Springer Studies in the History of Economic Thought. Springer Nature Singapore, 2023. http://dx.doi.org/10.1007/978-981-99-0841-7_6.

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Tily, Geoff. "Theory: Preliminary Discussion." In Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics. Palgrave Macmillan UK, 2007. http://dx.doi.org/10.1057/9780230801370_5.

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Knight, F. H. "Unemployment: And Mr. Keynes's Revolution in Economic Theory 1." In Keynes, Chicago and Friedman, Volume 2. Routledge, 2024. http://dx.doi.org/10.4324/9781003550211-29.

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Tily, Geoff. "The Monetary Theory of Real Activity." In Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics. Palgrave Macmillan UK, 2007. http://dx.doi.org/10.1057/9780230801370_8.

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Tily, Geoff. "Keynes’s Response to ‘Keynesian’ Economics." In Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics. Palgrave Macmillan UK, 2007. http://dx.doi.org/10.1057/9780230801370_9.

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Tily, Geoff. "The General Theory and the ‘Facts of Experience’." In Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics. Palgrave Macmillan UK, 2007. http://dx.doi.org/10.1057/9780230801370_11.

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Čaušević, Fikret. "The General Theory of Employment, Interest and Money: An Overview with Commentary." In The Global Crisis of 2008 and Keynes's General Theory. Springer International Publishing, 2014. http://dx.doi.org/10.1007/978-3-319-11451-4_2.

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Čaušević, Fikret. "Impact of Financial Globalization on the Scope of Economic Theory and Policy." In The Global Crisis of 2008 and Keynes's General Theory. Springer International Publishing, 2014. http://dx.doi.org/10.1007/978-3-319-11451-4_3.

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Tily, Geoff. "The Theory of Liquidity Preference and Debt-Management Policy." In Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics. Palgrave Macmillan UK, 2007. http://dx.doi.org/10.1057/9780230801370_7.

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Čaušević, Fikret. "Economic Theory and Economic Policy Since the Seventies: Keynesians Versus New Classical Economists." In The Global Crisis of 2008 and Keynes's General Theory. Springer International Publishing, 2014. http://dx.doi.org/10.1007/978-3-319-11451-4_1.

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Conference papers on the topic "Keynes's theory"

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Gylka, Ulyana. "ECONOMIC GROWTH OF UKRAINE: VIEW IN THE CONTEXT OF J. KEYNES᾿S "THE GENERAL THEORY.."." In Ensuring sustainable economic development in the context of globalisation challenges. Publishing House “Baltija Publishing”, 2024. https://doi.org/10.30525/978-9934-26-495-5-2.

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Altunöz, Utku. "Consumption Function and the Empirical Analysis of the Relationship between Income and Consumption for Turkey." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.01047.

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The relationship between income and consumption is one of the most important subjects of economics that became the subjects of many study. In this study, Absolute Income Theory of Keynes for Turkey is predicted by using the data in period 1987 – 2012 and the method of cointegration. Before the econometric analysis, the function of consumption, consumption theories, studies involving these theories and its critics were examined. After that, variables were examined the unit root situations. Two variables do not take action together and it is seen that they do not affect each other when the long
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Hiç, Özlen. "Keynesian System, Keynesian Policies and an Evaluation of What Keynes Might Have Advised Today." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01178.

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We have surveyed in this article the development of the Keynesian macroeconomic system since 1936 up to the present. Our approach was, however, analytical rather than historical and descriptive. Keynesian System, hence Neo-Keynesians and modern Keynesian schools, such as New Keynesian Economics and Post-Keynesian Economics visualize that, if left by itself, the economy will give unemployment due to insufficiency of aggregate demand. In the article, the Keynesian policies are analysed with respect to their efficiency. Keynesian System was developed and modified in the face of criticisms by its
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Hiç, Özlen, and Ayşen Hiç Gencer. "Anti-Keynesian Views: Fiscal and Monetary Guidelines." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.00849.

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In this article, we will cover the main anti-Keynesian views and macroeconomic systems that arose in the post Keynes period as well as their fiscal and monetary policy guidelines. As is known, the early Classical economists introduced a macroeconomic system based on the Quantity Theory and Say’s Law resulting in automatic full-employment equilibrium; and finally after 1929-1934 Great World Depression, the Keynesian System was introduced as a “revolution” (Keynesian Revolution) in theory and practice. As a result of the Keynesian policies implemented, European countries and the United States no
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Fukuda, Shuichi. "Navigating the Uncharted Waters: An Emotional Engineering Approach to Decision Making." In ASME 2012 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. American Society of Mechanical Engineers, 2012. http://dx.doi.org/10.1115/detc2012-70830.

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Although there are many approaches to decision making, most of them are tools for the Closed World, and you can make decisions before you sail out. But the world we are living in now is an Open World, where there is no chart. We have to make decisions while we are navigating. Economists, Simon and Keynes, say that in a Closed World economic agents make decisions rationally, but in an Open World they rely on emotion. This paper describes that by introducing directed graph and declarative programming techniques, we can simulate emotion-driven decision making. This approach has several advantages
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Fynchina, Khicheza. "Comprehensive Analysis of Expenses of the Population and Assessment of their Impact on the Development of the Kyrgyz Economy." In International Conference on Eurasian Economies. Eurasian Economists Association, 2024. http://dx.doi.org/10.36880/c16.02899.

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Household consumption expenditures are one of the important factors of economic development. According to Keynes' theory, they directly affect the aggregate demand and economic development of the state. Expenditures on final consumption of the population in the GDP of the Kyrgyz Republic in different years occupied about 75-85%. This importance makes it relevant to comprehensively study consumer spending as one of the main determinants of public finances. Based on statistical data for a representative period using statistical and economic-mathematical methods, a comprehensive analysis of popul
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Gencer, Ayşen Hiç, and Özlen Hiç. "A.Smith and the Classical School, K.Marx and the Marxist Socialism, J.M.Keynes and the Keynesian Revolution and the Subsequent Developments." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.01166.

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Adam Smith is known as the founder of economics as a social science and also of economic liberalism (or termed as capitalism after Karl Marx) based on principles of non-intervention and non-protection by the governments to perfectly competitive markets. Over time, economic theory and resulting economic regime evolved: Interventions to improve the welfare of workers; infant-industry argument for limited trade protection; and most importantly, following the 1929 Great Depression, John Maynard Keynes and his macroeconomic system giving rise to less-than-full- employment equilibrium, hence the nee
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Wen, Ying, Yaodong Yang, and Jun Wang. "Modelling Bounded Rationality in Multi-Agent Interactions by Generalized Recursive Reasoning." In Twenty-Ninth International Joint Conference on Artificial Intelligence and Seventeenth Pacific Rim International Conference on Artificial Intelligence {IJCAI-PRICAI-20}. International Joint Conferences on Artificial Intelligence Organization, 2020. http://dx.doi.org/10.24963/ijcai.2020/58.

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Though limited in real-world decision making, most multi-agent reinforcement learning (MARL) models assume perfectly rational agents -- a property hardly met due to individual's cognitive limitation and/or the tractability of the decision problem. In this paper, we introduce generalized recursive reasoning (GR2) as a novel framework to model agents with different \emph{hierarchical} levels of rationality; our framework enables agents to exhibit varying levels of ``thinking'' ability thereby allowing higher-level agents to best respond to various less sophisticated learners. We contribute both
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Reports on the topic "Keynes's theory"

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Döring, Thomas. John Maynard Keynes und der Friedensvertrag von Versailles – Eine Rekonstruktion aus Sicht der Verhaltensökonomik. Sonderforschungsgruppe Institutionenanalyse, 2013. http://dx.doi.org/10.46850/sofia.9783941627239.

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Das Ziel der nachfolgenden Ausführungen ist, die Logik der Argumentation von Keynes im Licht der modernen verhaltensökonomischen Forschung zum individuellen Entscheidungsverhalten unter Berücksichtigung psychologischer Befunde zu systematischen Verzerrungen in der Wahrnehmung und Verarbeitung von Informationen, der (In-)Stabilität von Präferenzen im Zeitablauf sowie der normativen (Fehl-)Orientierung in Verhandlungssituationen zu rekonstruieren. Es wird zu diesem Zweck an Studien aus dem Bereich der empirischen Verhaltensforschung ebenso wie der experimentellen Ökonomik angeknüpft, um das aus
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