Paper $18.00 ISBN: 9788024620244 Will Publish September 2014 Not for sale in the Czech Republic and the Slovak Republic

Generalized Microeconomics

Jirí Hlavácek and Michal Hlavácek

Generalized Microeconomics
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Jirí Hlavácek and Michal Hlavácek

Distributed for Karolinum Press, Charles University

208 pages | 71 graphs, 7 tables | 6 3/4 x 9 1/2
Paper $18.00 ISBN: 9788024620244 Will Publish September 2014 Not for sale in the Czech Republic and the Slovak Republic
The generalization of microeconomics enables model descriptions of economic rationality, even in fields that standard microeconomics more or less avoids, like nonprofit sectors of market economies, altruism, or externalities. Here, the authors broaden the scope of microeconomics while treating standard profit/umaximization as a special case. They argue, ultimately, that the generalizing criterion is a Darwinian maximization of the probability of survival.
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