CORDIS Project
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This project aims to revitalize economic theory by encouraging simpler modeling techniques and developing new models based on innovative economic agent typologies. It combines methodological discussions with experimental research to better understand economic behaviors and improve theoretical frameworks.
Economic theory is in a crisis.
In our lifetime, we have witnessed revolutions in the field that have enriched economics with new models and concepts: the information revolution in the 70's, the game theory mania in the 80's and to a lesser extent the emergence of models of bounded rationality in the 90's.
But it's been a long time since we've seen any exciting developments in economic theory.The first part of the project is methodological. I would like to persuade young researchers that the cur…
TEL AVIV UNIVERSITY
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