Evolutionary Microeconomics

• Main Authors: Lesourne, Jacques (Author), Orléan, André (Author), Walliser, Bernard (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2006.
• Subjects: Economic theory.; Microeconomics.; Sociology.; Cognitive psychology.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Sociology, general.; Cognitive Psychology.

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...