The generalization of microeconomics enables model descriptions of economic rationality, even in fields that standard microeconomics more or less avoids, like nonprofit sectors of market economies, altruism, or externalities. Here, the authors broaden the scope of microeconomics while treating standard profit maximization as a special case. They argue, ultimately, that the generalizing criterion is a Darwinian maximization of the probability of survival.
By:
Jiri Hlavacek, Michal Hlavacek Imprint: Karolinum,Nakladatelstvi Univerzity Karlovy,Czech Republic Dimensions:
Height: 24mm,
Width: 17mm,
Spine: 1mm
Weight: 369g ISBN:9788024620244 ISBN 10: 8024620243 Pages: 208 Publication Date:19 September 2014 Audience:
College/higher education
,
A / AS level
Format:Paperback Publisher's Status: Active
Jiri Hlavacek is professor of economics, and Michal Hlavacek lectures on macroeconomics, both at Charles University, Prague.