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Methodology for a New Microeconomics (Routledge Revivals): The Critical Foundations

Methodology for a New Microeconomics (Routledge Revivals): The Critical Foundations

Hardcover

Series: Routledge Revivals

Economics

ISBN10: 1138776335
ISBN13: 9781138776333
Publisher: Routledge
Published: Apr 17 2014
Pages: 202
Weight: 0.85
Height: 0.50 Width: 5.50 Depth: 8.50
Language: English

First published in 1986, this title argues that the successful development of a new microeconomics requires a deeper understanding of methodological individualism and its role in stability analysis. Lawrence Boland expounds a critique of neoclassical models, which, he contends, often fail to include an explicit stability analysis. He demonstrates that much of the sophisticated theoretical literature over the past thirty years can be understood as ad hoc attempts to overcome the deficiencies of such models in the absence of cogent stability analyses.

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