On the Reappraisal of Microeconomics by Robert U Ayres

On the Reappraisal of Microeconomics by Robert U Ayres

The conventional utility-based approach to microeconomics is now nearly a century old and although frequently criticised, it has yet to be replaced. On the Reappraisal of Microeconomics offers an alternative approach that overcomes most of the objections to orthodox theory, whilst offering some unique additional advantages.

'This book seeks to reformulate traditional neoclassical microeconomic theory into a new paradigm that integrates an alternative rationality postulate, expectations, resource stocks, disequilibrium, dynamics, and endogenous technological changeThis is a noble pursuit, since mainstream micro theory has not done a good job of addressing most of these considerations individually, let alone as a group. The book is a significant contribution to the literature and could even become a "breakthrough" work.' -- Adam Rose, Pennsylvania State University, US
'This is an excellent book. It will be a welcome addition to the growing body of work expanding the field of economic theory. The future of economics lies in work like this developing a kind of economics consistent with real human behaviour and biophysical reality.' -- John M. Gowdy, Rensselaer Polytechnic Institute, US

The late Robert U. Ayres, formerly Novartis Professor (Emeritus) of Management and the Environment, INSEAD, France and Institute Scholar, International Institute for Applied Systems Analysis (IIASA), Austria and Katalin Martinás, Professor of Physics, Roland Eötvös University, (ELTE), Budapest, Hungary

SKU	Unavailable
ISBN 13	9781845422721
ISBN 10	1845422724
Title	On the Reappraisal of Microeconomics
Author	Robert U Ayres
Condition	Unavailable
Binding Type	Hardback
Publisher	Edward Elgar Publishing Ltd
Year published	2005-12-20
Number of pages	224
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.