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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...
Persistent link: https://www.econbiz.de/10013520501
framework of game theory in order to better fit with the results of rapidly increasing laboratory experiments concerned with …
Persistent link: https://www.econbiz.de/10013520755