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Complex Economics: Individual and Collective Rationality

Complex Economics: Individual and Collective Rationality

Hardcover

Series: Graz Schumpeter Lectures, Book 10

Economics

ISBN10: 0415568552
ISBN13: 9780415568555
Publisher: Routledge
Published: Jul 29 2010
Pages: 242
Weight: 1.23
Height: 0.80 Width: 6.20 Depth: 9.20
Language: English

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. In this book Kirman argues for a theory in which these aspects are central.

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