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...

Das vorliegende Buch will die Unternehmung aus der Perspektive des Sozialwissenschaftlichen Forschungsprogramms behandeln. Der Autor will die Lesenden überzeugen, daß es einer grundlegend neuen Sichtweise der Unternehmung bedarf.

Few would dispute that the well-being of individuals is one of the most desirable aims of human actions. However, approaches on how to define, measure, evaluate, and promote well-being differ widely. The conventional economic approach takes income (or the power to acquire market goods) as the...