[PDF.74gk] The Guidance of an Enterprise Economy (MIT Press)

The Guidance of an Enterprise Economy (MIT Press)

[PDF.ts39] The Guidance of an Enterprise Economy (MIT Press)

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 | #2696170 in Books |  imusti |  2016-09-23 | Original language:English |  9.00 x1.00 x6.00l,.0 | File type: PDF | 592 pages

 | Mit Press

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|| ||This is a landmark volume. The primary lacuna in integrating microeconomics and macroeconomics has been the failure to reconcile general equilibrium theory with monetary theory. This book represents the first modern attempt to provide an intellectual framewor

This book offers a rigorous study of control, guidance, and coordination problems of an enterprise economy, with attention to the roles of money and financial institutions. The approach is distinctive in drawing on game theory, methods of physics and experimental gaming, and, more generally, a broader evolutionary perspective from the biological and behavioral sciences. The proposed theory unites Walrasian general equilibrium with macroeconomic dynamics and Schumpeter...

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