Autore
Innocenti, Alessandro

Titolo
The contribution of a radical antineoclassical. Oskar Morgenstern and the Heterodox potentiallities of the application of fame theory tp Economics
Periodico
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper series
Anno: 1995 - Fascicolo: 10 - Pagina iniziale: 1 - Pagina finale: 20

Up until the sixties the application of game theory to economics was confined to the introdution into general equilibrium models of some new logical and mathematical tools. The consequent emphasis on formal aspects has delayed an interpretation of the theory of games more in accordance with the purposes explaining its creation and, particularly, with the necessity of removing the principal simplifications of the Walrasiam system. These heterodox potentialities were already implicit in Oskar Morgenstern's criticism of neoclassical economics and seem to emerge again from some recent research areas that, by applying game theory, seek to give up the principal neoclassical postulate, the identity between rational choice and the solution of well defined maximum problem.




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