The Geometry of Economic Space

Potts, Jason (1999) The Geometry of Economic Space. Discussion Paper no. 267, Department of Economics, The University of Queensland.

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Author Potts, Jason
Title The Geometry of Economic Space
School, Department or Centre Department of Economics
Institution The University of Queensland
Report Number Discussion Paper no. 267
Publication date 1999-12-01
Subject 340100 Economic Theory
Abstract/Summary In this paper, I show that there are two funamental spaces over which to construct economic theory: an integral space (a field, Rn), and a non-integral space (a graph, S). I then argue that the body of heterodox critique of the neoclassical and neowalrasian economics over the course of this century can be reduced to a single, simple point: namely, that the geometry of economic space is not a field, but a network of incompletely connected elements. The more general case is a non-integral geometry, and it is this that underpins the rubric of heterodox economics as an evolutional microeconomics.
Keyword economic theory
economic space
economic geography

Document type: Department Technical Report
Collection: Discussion Papers (School of Economics)
 
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