Overview
A course in Microeconomics, oriented in an evolutionary view
Clear and concise structure, numerous applications
Many examples of the introduction of evolutionist ideas into formal models
Includes supplementary material: sn.pub/extras
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (10 chapters)
-
Front Matter
-
La formation des grandeurs économiques:déséquilibre et instabilité
-
The basic concepts
-
Front Matter
-
-
The markets
-
Front Matter
-
-
The institutions
-
Front Matter
-
-
Back Matter
Keywords
About this book
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.
Authors and Affiliations
Bibliographic Information
Book Title: Evolutionary Microeconomics
Authors: Jacques Lesourne, André Orléan, Bernard Walliser
DOI: https://doi.org/10.1007/3-540-28537-7
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2006
Hardcover ISBN: 978-3-540-28536-6Published: 20 April 2006
Softcover ISBN: 978-3-642-06675-7Published: 12 February 2010
eBook ISBN: 978-3-540-28537-3Published: 01 July 2006
Edition Number: 1
Number of Pages: IX, 296
Topics: Microeconomics, Economic Theory/Quantitative Economics/Mathematical Methods, Sociology, general, Cognitive Psychology