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Generalized Microeconomics

About Generalized Microeconomics

The generalization of microeconomics enables model descriptions of economic rationality, even in fields that standard microeconomics more or less avoids, like nonprofit sectors of market economies, altruism, or externalities. The authors argue, ultimately, that the generalizing criterion is a Darwinian maximization of the probability of survival.

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  • Language:
  • English
  • ISBN:
  • 9788024620244
  • Binding:
  • Paperback
  • Pages:
  • 208
  • Published:
  • September 18, 2014
  • Dimensions:
  • 17x24x1 mm.
  • Weight:
  • 369 g.
Delivery: 2-4 weeks
Expected delivery: December 19, 2024

Description of Generalized Microeconomics

The generalization of microeconomics enables model descriptions of economic rationality, even in fields that standard microeconomics more or less avoids, like nonprofit sectors of market economies, altruism, or externalities. The authors argue, ultimately, that the generalizing criterion is a Darwinian maximization of the probability of survival.

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