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Neoclassical Economics

As if behavioral economics: Neoclassical economics in disguise?

As if behavioral economics: Neoclassical economics in disguise?

... behavioral economics appears, in many cases, indistinguishable from neoclassical economics in its reliance on as- if arguments to justify ―psychological‖ mode ls that make no pretense of even ...

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Neoclassical Economics as a Method of Scientific Research Program : A review of existing literature

Neoclassical Economics as a Method of Scientific Research Program : A review of existing literature

... in Economics for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization ...in economics in the mid-20th century that ...

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Competing models of socially constructed economic man : differentiating Defoe's Crusoe from the Robinson of neoclassical economics

Competing models of socially constructed economic man : differentiating Defoe's Crusoe from the Robinson of neoclassical economics

... Neoclassical economics is utterly reliant for the coherence of its pedagogical structure on the self-serving appropriation of the original story of Defoe’s shipwrecked ...Within neoclassical theory, ...

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The hypostatisation of the concept of equilibrium in neoclassical economics

The hypostatisation of the concept of equilibrium in neoclassical economics

... It would be mistaken, however, to see this as fundamentally in conflict with the notion of equilibrium deployed in much of neoclassical economics. The price of production is the long-run equilibrium price ...

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The hypostatisation of the concept of equilibrium in neoclassical economics

The hypostatisation of the concept of equilibrium in neoclassical economics

... It would be mistaken, however, to see this as fundamentally in conflict with the notion of equilibrium deployed in much of neoclassical economics. The price of production is the long-run equilibrium price ...

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Neoclassical Economics and the Erosion of Middle-Class Values: An Explanation for Economic Collapse

Neoclassical Economics and the Erosion of Middle-Class Values: An Explanation for Economic Collapse

... The positive economic model postulates a set of fundamental assumptions that are benign in themselves, but potentially toxic if adopted as a personal moral structur[r] ...

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Mathematics as the role model for neoclassical economics (Blanqui Lecture)

Mathematics as the role model for neoclassical economics (Blanqui Lecture)

... for neoclassical economists, because working with a set of decision rules, rather than with a single optimizing function, <<…complicate[s] the theoretical structure of models in ways that render them less ...

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Ecological, heterodox and neoclassical economics: investigating the differences

Ecological, heterodox and neoclassical economics: investigating the differences

... mainstream economics or holding efficiency as a primary goal. A neoclassical approach to the environment is more concerned with applying the basic tenets of consumer choice and the rational agent model, and ...

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Some sociological explanations for the present condition of neoclassical economics

Some sociological explanations for the present condition of neoclassical economics

... for the broad field of economics - starting from 'the questions asked of economists', and then modifying these with a recognition of economics' relation to adjacent fields of study, and [r] ...

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Neoclassical Economics: The Need for a Reconstruction

Neoclassical Economics: The Need for a Reconstruction

... Welfare Economics, the positive- normative distinction may not be obvious in that the economist must bring in his personal judgment in valuing, say, intangibles like amenities and ...quo, neoclassical ...

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Rising unpaid overtime: a critical approach to existing theories

Rising unpaid overtime: a critical approach to existing theories

... of neoclassical economics are analysed by “methodological individualism”; “social interactions are finally interactions between individuals” (Arrow, ...some neoclassical theories recognise these ...

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The desocialising of economic theory

The desocialising of economic theory

... science. Neoclassical economics, with its façade of providing positive, value-free knowledge, suited the tenor of the times and could be depicted as being dispassionate and ...1930s economics was ...

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Socioeconomics and Professional Responsibilities in Teaching Law-Related Economic Issues

Socioeconomics and Professional Responsibilities in Teaching Law-Related Economic Issues

... that neoclassical economics speaks for all of economics raises analogous ethical ...in economics and factfinding and who entrust their attention in reliance of basic fair play in the teaching ...

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Economic flexibility : a structural analysis

Economic flexibility : a structural analysis

... loses. Neoclassical economics avoids this issue, as flexibility occurs through spontaneous price changes and the distribution of gains and losses depends on resource entitlements, assumed fixed from the ...

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Economists, listen to Feyerabend

Economists, listen to Feyerabend

... As mentioned earlier, the teaching of economics is primarily dominated by neoclassical economics. For instance, the paper ‘Theories of Economic Growth’ often begin with a discussion of Harrod-Domar ...

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Worlds of political economy: knowledge, practices and contestation

Worlds of political economy: knowledge, practices and contestation

... Iiather than seeing a bifurcation between selfish individual man favoured by a model of neoclassical economics gaining power in some nations Britain and later the United States and visio[r] ...

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Foundations, results and perspectives of transition: A case of Serbia

Foundations, results and perspectives of transition: A case of Serbia

... Paper considers the foundations, results and perspectives of transition process, with special focus on Serbia. The foundations were the postulats of neoclassical economics, the mainstream in recent economic ...

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needs in economics.pdf

needs in economics.pdf

... the neoclassical tradition do their best to avoid using the word ...in economics, and not only in social economics. For neoclassical economics, demand is determined by subjective wants, ...

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Schools out : Adam Smith and pre disciplinary international political economy

Schools out : Adam Smith and pre disciplinary international political economy

... Adam Smith is commonly portrayed as the architect of neoclassical economics in international political economy (IPE) scholarship and as the founder of its liberal tradition (e.g., Paul and Amawi 2013: 11). ...

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Economics of Information Biasing: A Unified Economic Theory That Leads to New Sustainability Concepts

Economics of Information Biasing: A Unified Economic Theory That Leads to New Sustainability Concepts

... Information Economics. All of them won Nobel Prize in economics for their respective ...welfare economics, the perfect information assumption was so ingrained it did not have to be explicitly ...

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