DOI: 10.68381/jca13025 ISSN: 0944-6532
Behavioral Economics, Competitive Equilibrium and Multiple Phase Dynamics in an Abstract, Adaptive Society: Remarks in Honor of Jean-Pierre Aubin
Richard H. DayThis paper gives a general characterization of satisficing, lexicographic agents, provides conditions for the existence of a competitive equilibrium and considers the viability and multiphase dynamic of an abstract adaptive society whose agents are governed by satisficing, lexicographic choice