Gaffeo, E.; Catalano, M.; Clementi, F.; Delli Gatti, D.; … - In: Physica A: Statistical Mechanics and its Applications 382 (2007) 1, pp. 89-97
In this paper we sketch some reflections on the pitfalls and inconsistencies of the research program—currently dominant among the profession—aimed at providing microfoundations to macroeconomics along a Walrasian perspective. We argue that such a methodological approach constitutes an...