Complex Economics: Individual and Collective Rationality (Graz Schumpeter Lectures) (The Graz Schumpeter Lectures)

by Alan Kirman (Author)

• New

  Hardcover
  2010

  $155.11

  The economic crisis is also a crisis for economic theory. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This book suggests a way of analyzing the economy which takes this point of view.