Title: Generalized microeconomics
Description: The generalization of microeconomics (maximization of probability of agent's survival) enabled model description of economic rationality even in the fields, where profit maximization is not suitable, like redistribution, non-profit sector, both positive and negative externalities, centrally planned economy etc. When profit criterion is adequate, the general criterion is identical with profit maximization.
Subjects: Microeconomics, Microéconomie, BUSINESS & ECONOMICS, Industries, General