A model of Austrian economics

After the most recent financial crisis it has become clear that there exists a crisis also in economics as a science. The prevailing paradigms have failed to anticipate and to understand the financial crisis. New approaches are therefore needed. Of particular interest should be approaches that combi...

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Bibliographic Details
Main Author: Hagedorn, Hendrik
Format: eBook
Published: Wiesbaden Springer Fachmedien Wiesbaden 2015, 2015
Edition:1st ed. 2015
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • An agent-based economy within an accounting framework
  • Reaction algorithms for households, firms, and banks
  • A contribution to interest-rate theory
  • A comparison of Austrian and neoclassical economics