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CANCELLED: Equilibrium Modeling in Economics: An Evolutionary Defense. Armin Schulz (University of Kansas)
@ NYU Philosophy Dept. rm 302
CANCELLED: Equilibrium Modeling in Economics: An Evolutionary Defense. Armin Schulz (University of Kansas)
@ NYU Philosophy Dept. rm 302
Oct 9 @ 4:30 pm – 6:30 pm
A traditional evolutionary economic criticism of mainstream economic analysis is that the latter is too strongly focused on equilibrium models and thus fails to do justice to the complex and dynamic nature of real economic systems. I here assess the plausibility of this criticism further. More specifically, I here seek to both determine whether it is true that the heavy reliance on equilibrium models in economics is problematic, and whether and how an appeal to[...]
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