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developed in France since the 1980s.These texts highlight the specificities of the French monetary approaches and display their …
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developed in France since the 1980s.These texts highlight the specificities of the French monetary approaches and display their … Lille University, France and member of the research centre CLERSE. Jérôme Blanc is Professor of Economics at Sciences Po … Lyon, France and member of the research centre Triangle. Ludovic Desmedt is Professor of Economics at the University of …
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Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium...
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