Generalized microeconomics
Jiří Hlaváček · 2013
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About the book
The generalization of microeconomics (maximization of probability of agent's survival) enabled model description of economic rationality even in the fields, where profit maximization is not suitable, like redistribution, non-profit sector, both positive and negative externalities, centrally planned economy etc. When profit criterion is adequate, the general criterion is identical with profit maximization.
Book details
- Year
- 2013
- Language
- English
- Publisher
- Karolinum Press
- Editions
- 1
- Pages
- 207
- ISBN
- 9788024627212
Data source: Wikidata