This book argues that the shift in general equilibrium theory, from its early long-period to the modern very …. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as …, not only in many aspects of the history of economic theory, but also in fundamental issues in the theories of value …

game theory and applications. The editors focus on a select set of issues that stand high on the agenda of academic … understanding of the dilemmas posed for theory and policy. Readers are offered new empirical evidence on such thorny social problems …