Xiaodan Li
Abstract
Institutions must take rationality as their basic to be true,sensible,standard and perfect,but can't neglect the irrationality because the irrationality influences the rationality.Good institutions unify the rationality and the irrationality with feasibility.
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Institutions must take rationality as their basic to be true,sensible,standard and perfect,but can't neglect the irrationality because the irrationality influences the rationality.Good institutions unify the rationality and the irrationality with feasibility.
Key concepts: Irrationality, Rationality, Neglect, Ecological rationality, Positive economics, Mathematical economics, Economics, Epistemology