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Title: Professor

Institution: Universite Paul Cezanne, Ecole des Hautes Etudes en Sciences Sociales, (EHESS) and Institut Universitaire de France

Location: France

Dept Homepage: link

SSRN Author Page: link

Is this Member on the AGENDA team?: No

Joined: June 25th, 2011


Alan Kirman wrote a new blog post titled New: Rethinking Economics Using Complexity Theory

In this paper we argue that if we want to find a more satisfactory approach to tackling the major socio-economic problems we are facing, we need to thoroughly rethink the basic assumptions of macroeconomics and financial theory. Making minor modifications to the standard models to remove “imperfections” is not enough, the whole framework needs to be revisited. Let us here enumerate some of the standard assumptions and postulates of economic theory. 1. An economy is an equilibrium system
(2262 days ago)

Alan Kirman bookmarked Interview about the FutureICT Project (2676 days ago)

About me:

Alan Kirman is Professor Emeritus at the Universite Paul Cezanne in Aix-en Provence, Director of Studies at the Ecole des Hautes Etudes en Sciences Sociales, (EHESS) and member of the Institut Universitaire de France. He studied at Oxford University and obtained his Ph.D in economics from Princeton. He has been professor at Johns Hopkins University, Université Libre de Bruxelles, the University of Warwick and at the European University Institute in Florence. He is a Fellow of the Ecoonometric Society, of the European Economics Association, and has held a Houblon Norman Fellowship at the Bank of England. He was awarded the Humboldt Prize and has been president of the Association of Southern European Economic Theorists, (ASSET). He is co-editor of JEBO, and associate editor of several others. He has published more than 120 articles in refereed journals and is the author of three books and editor of 12 others. His main interest is in the way in which markets and their participants actually function and the link between micro and macro behaviour. As soon as we take into account the direct interaction between agents the relation between individual actions and aggregate outcomes becomes complicated. Economic activity is better viewed as the product of a complex self-organising system than as corresponding to the behaviour of an individual maximiser. Analysing real markets helps us to understand this sort of phenomenon.