Recursive economics is a branch of modern economics based on a paradigm of individuals making a series of two-period optimization decisions over time.
Read more about Recursive Economics: Differences Between Recursive and Neoclassical Paradigms, The Recursive Model, Pioneers in The Field, Applications in Economics, See Also
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“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)