Książka Evolutionary Microeconomics Jacques Lesourne

Evolutionary Microeconomics

Język: Angielski
Oprawa: Twarda
Dostępność: Dostępna u dostawcy
Wysyłamy za 10-13 dni
426.48
Classical microeconomics is intended to explain how a price system is able to coordinate the economi...

Informacje o książce

Język
Angielski
Oprawa
Książka - Twarda
Data wydania
2006
strony
296
EAN
9783540285366
ISBN
3540285369
Enbook ID
01561061
Waga
629
Wymiary
155 x 235 x 23

Pełny opis

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. Evolutionary microeconomics is aimed at bypassing these limitations by considering a dynamic approach, however not biologically oriented. Agents have local information and bounded rationality, they are involved in explicit processes of interactions through time, various institutions sustain the market or substitute to it. It explains then some phenomena hardly explained by classical microeconomics: dispersion of prices, variety of industrial structures, financial bubbles.

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