Microeconomic Theory Old and New: A Student's Guide
Language: English
Published by Stanford Economics and Finance, 2009
- Softcover
- Used
Seller: Midtown Scholar Bookstore, Harrisburg, PA, U.S.A.Midtown Scholar Bookstore
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Condition: Used - Good
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Good - Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name - GOOD Standard-sized.
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- Title
- Microeconomic Theory Old and New: A Student's Guide
- Author
- Gowdy, John M.
- Publisher
- Stanford Economics and Finance
- Publication year
- 2009
- Condition
- Good
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0804758840
- ISBN 13
- 9780804758840
The second goal is to present contemporary extensions and emerging alternatives to the Walrasian model. Some of the theoretical inconsistencies in the model are presented, drawing on the work of Samuelson, Boadway, Chipman and Moore, Ng, and Suzamura, among others. The text then presents challenges to the basic assumptions of the Walrasian system, posed by findings in behavioral economics and evolutionary game theory.
Understanding both the Walrasian system and the theoretical and experimental critiques of classical economics is essential to those who ultimately work within the traditional framework and to those looking for an alternative, making this a must read for all students of economics.
"Synopsis" may belong to another edition of this title.
About the Author
John M. Gowdy is the Rittenhouse Teaching Professor of Humanities and Social Science in the Department of Economics at Rensselaer Polytechnic Institute. He is President of the International Society for Ecological Economics 2010-2011. Gowdy has published nine other books, including Paradise for Sale: A Parable of Nature, co-authored with Carl McDaniel.
"About the title" may belong to another edition of this title.
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