@article{1436109,
      recid = {1436109},
      author = {Poésvanc, Matúés,},
      title = {The evolutionary invisible hand : the problem of rational  decision-making and social ordering over time /},
      pages = {1 online resource (ix, 305 pages) :},
      abstract = {The book presents a new theoretical approach to the  description of economic phenomena over time. A realistic  and meaningful description of economic phenomena over time  is one of the basic preconditions for the success of any  economic theory. The presented theoretical solution or  proposal has two main characteristics. The first is a  modification of the theory of subjective value in the form  of the claim that one perceives the satisfaction of one's  needs in the context of one's overall individual portfolio  of goods. The causal relationship of the "old" theory in  the form of "need is satisfied by good" is modified in  terms of "sum of needs is satisfied by portfolio of goods  (sum of goods)". This is a small modification, which,  however, brings several important elements to the  description of economic phenomena over time. The old  theoretical approach did not enable us to operate over time  because of different value context of goods which is  changing over time. However, the portfolio of goods is, in  fact, a formally-logical homogeneous construction of the  mind, which is applicable over time. The second  characteristic is the anchoring of this modification of the  theory of subjective value in evolutionary  (intersubjective) apriorism. The book will be of interest  to any Austrian and Mainstream Economists who deal with  problems of description of economic phenomena in time.  Also, for those involved in topics such as estimating of  future, why entrepreneurs are successful or the problem of  social ordering or equilibration and those who are  interested in the new evolutionary approach to the  emergence of criteria for rational decision-making.},
      url = {http://library.usi.edu/record/1436109},
      doi = {https://doi.org/10.1007/978-3-030-71800-8},
}