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Journal of Economic Perspectives: Vol. 14 No. 1 (Winter 2000)
JEP Volume. 14, Issue 1 |
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The Future of Microeconomic Theory
Article Citation
Allen, Beth. 2000. "The Future of Microeconomic Theory."
Journal of Economic Perspectives,
14(1): 143-150.
DOI: 10.1257/jep.14.1.143
DOI: 10.1257/jep.14.1.143
Abstract
The question of what constitutes good economic theory is analyzed. Current good and bad aspects of its methodologies are discussed. Interdisciplinary work that goes beyond the social sciences is advocated. The future predictions are presented concerning research in game theory and the economics of information. Finally, the importance of technology and the need for microeconomists to understand it better are argued.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Allen, Beth (U MN and Federal Reserve Bank of Minneapolis)
JEL Classifications
D00: Microeconomics: General
A11: Role of Economics; Role of Economists
A11: Role of Economics; Role of Economists
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