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History and equilibrium: A partial defense of equilibrium economics

✍ Scribed by Backhouse, Roger E.

Book ID
121231358
Publisher
Taylor and Francis Group
Year
2004
Tongue
English
Weight
93 KB
Volume
11
Category
Article
ISSN
1350-178X

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We develop a unified conceptual and mathematical structure for equilibrium econophysics, i.e., the use of concepts and tools of equilibrium thermodynamics in neoclassical microeconomics and vice versa. Within this conceptual structure the results obtained in microeconomic theory are: (1) the definit