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  5. The Future of Microeconomic Theory

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

The Future of Microeconomic Theory

  • Beth Allen
Journal of Economic Perspectives
vol. 14, no. 1, Winter 2000
(pp. 143–150)
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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.

Citation

Allen, Beth. 2000. "The Future of Microeconomic Theory." Journal of Economic Perspectives, 14 (1): 143–150. DOI: 10.1257/jep.14.1.143

JEL Classification

  • D00 Microeconomics: General
  • A11 Role of Economics; Role of Economists
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