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1Lehr- und Lernsituationen36
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Cognition, Rationality, and Institutions formatIsbn:Softcover - 9783642641244 1Lehr- und Lernsituationen36Institutions are rules that are supported by various enforcement mechanisms. Cognition refers to the process of how men perceive and process information, whereas rationality refers to how these processes are modelled. Within institutional economics there is a growing scepticism towards extending the conventional economic frame of analysis to institutions. In particular, the notion of perfect rationality is increasingly questioned. At the same time
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