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...

This book presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author's evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their...

Der Ausschuß für Wirtschaftssysteme des Vereins für Socialpolitik konnte 1998 auf 30 Jahre erfolgreiche wissenschaftliche Arbeit zurückblicken. Der vorliegende Sammelband enthält alle auf seiner Potsdamer Jubiläumstagung gehaltenen Referate sowie die schriftlich vorgelegten Korreferate....