Reflections on Theories of Social Optimization and Their Relevance for Future City Management in Japan
ABSTRACT: The paradigm of laissez-faire economy presumes that economic agents know efficient loci for input-output combinations and rationally act in the market by following their subjective values. Economy is efficiently organized and given dynamic forces to grow at its own risk. As a result, the g...
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| Format: | Article |
| Language: | English |
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Elsevier
2013-01-01
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| Series: | Journal of Urban Management |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2226585618300657 |