Optimizing Behavior Economics is based on two kings of optimizing behavior, utility maximization and profit maximization. The Classic Economic Models collection emphasizes the role of diagrammatic economic models in describing optimizing behavior.
Contrasts with the optimizing behavior usually assumed in economics and trade theory. Alternative models based on satisficing are spreading within economics, but not yet much in international. Say's Law ...
See also: Economic model, Microeconomics, Macroeconomics, Short run, Long run
 
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