Complex Economics: Individual and Collective Rationality (The Graz Schumpeter Lectures) by Alan Kirman
English | ISBN: 0415568552, 0415594243 | 2010 | EPUB, MOBI | 272 pages | 2,3 + 2,7 MB
The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central.