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An Economic Theorist's Book of Tales

by George A. Akerlof

  • ISBN: 9780521269339
  • ISBN10: 0521269334

An Economic Theorist's Book of Tales

by George A. Akerlof

  • Binding: Paperback
  • Publisher: Cambridge Univ Pr
  • Publish date: 11/01/1984
  • ISBN: 9780521269339
  • ISBN10: 0521269334
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Description: These essays explore what happens when a skillful economist makes unconventional assumptions. Economic theory has traditionally relied upon a tacit and 'classical' set of assumptions that have gradually acquired a life of their own in defining how economists write and how they justify economic models. Similarly, these assumptions have acquired an autonomous character: they guide the way economists think about the world.
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