Assymetric information? Lemon car markets & whatnot? (Signalling models?) How fundamental is fundamental?
There is a game theory text that assumes a certain amount of irrational behavior to obtain its results. I can search the closet if you want. Sorry I'm not more helpful, jsh --- fabio guillermo rojas <[EMAIL PROTECTED]> wrote: > > I'm teaching a course on the sociology of science > and we read Kuhn's > structure of scientific revolutions. FYI, Kuhn says > that science is > characterized by "paradigms" - most science works > from basic assumptions > justified by "model achievements." Scientific change > occurs when anamolies > - observations contradicting theory - undermine the > "paradigm" and new > ideas are adopted. > > Can someone provide me an example of an anamoly from > the recent history of > economics that led to a fundamental change in > economic theory? > > Fabio > > __________________________________________________ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now. http://mailplus.yahoo.com
