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The General Equilibrium Model is the Wrong Model and a Noncooperative Strategic Process Model is a Satisfactory Model for the Reconciliation of Micro and Macroeconomic Theory

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Author Info
Martin Shubik () (Cowles Foundation, Yale University)

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Paper provided by Cowles Foundation, Yale University in its series Cowles Foundation Discussion Papers with number 365.

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Length: 31 pages
Date of creation: 1973
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Publication status: Published in Kyklos (1975), 28(3): 545-573
Handle: RePEc:cwl:cwldpp:365

Note: CFP 432.
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Postal: Yale University, Box 208281, New Haven, CT 06520-8281 USA
Phone: (203) 432-3702
Fax: (203) 432-6167
Web page: http://cowles.econ.yale.edu/
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Shubik, Martin, 1973. "Information, Duopoly and Competitive Markets: A Sensitivity Analysis," Kyklos, Blackwell Publishing, vol. 26(4), pages 736-61.
    Other versions:
  2. Martin Shubik, 1973. "A Theory of Money and Financial Institutions. Part XII. A Dynamic Economy with Fiat Money Without Banking and With and Without Production Goods," Cowles Foundation Discussion Papers 364, Cowles Foundation, Yale University. [Downloadable!]
  3. Lloyd S. Shapley & Martin Shubik, 1972. "A Theory of Money and Financial Institutions. Part VI. The Rate of Interest, Noncooperative Equilibrium and Bankruptcy," Cowles Foundation Discussion Papers 334, Cowles Foundation, Yale University. [Downloadable!]
  4. Martin Shubik, 1972. "A Theory of Money and Financial Institutions. Part V. The Rate of Interest on Fiat Money in a Closed Economy," Cowles Foundation Discussion Papers 338, Cowles Foundation, Yale University. [Downloadable!]
  5. Martin Shubik, 1971. "A Theory of Money and Financial Institutions. Part I. The General Approach Adopted," Cowles Foundation Discussion Papers 320, Cowles Foundation, Yale University. [Downloadable!]
  6. Martin Shubik, 1972. "A Theory of Money and Financial Institutions. Part VIII. Transactions Costs in a Market Economy," Cowles Foundation Discussion Papers 336, Cowles Foundation, Yale University. [Downloadable!]
  7. Martin Shubik, 1973. "A Theory of Money and Financial Institutions. Part XI. Trade with Fiat Money but No Individual Trust. A Preliminary Stage towards Banking," Cowles Foundation Discussion Papers 363, Cowles Foundation, Yale University. [Downloadable!]
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Martin Shubik, 1974. "A Theory of Money and Financial Institutions. Part XVII. On the Eight Basic Units of a Dynamic Economy with Spot and Futures Markets," Cowles Foundation Discussion Papers 367, Cowles Foundation, Yale University. [Downloadable!]
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