Evolutionary Microeconomics

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Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium is stated without a concrete process to achieve it, market is the unique institution considered. Evolut...

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Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium is stated without a concrete process to achieve it, market is the unique institution considered. Evolut...

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  • Formats: pdf
  • ISBN: 9783540285373
  • Publication Date: 1 Jul 2006
  • Publisher: Springer Berlin Heidelberg
  • Product language: English
  • Drm Setting: DRM