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LAW OF INCREASING RETURNS IN THE NEO-CLASSICAL THEORY
LAW OF INCREASING RETURNS IN THE NEO-CLASSICAL THEORYopenaire
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Investment Behavior and Neo-Classical Theory
The Review of Economics and Statistics, 1968p HE role of relative prices as a determinant of factor demand has received wide attention in recent work. Major contributions 1 have been made by Dale W. Jorgenson who, either alone or with associates, has presented, along with various empirical results and certain policy conclusions, what is called "a theory of investment behavior based on the neo ...
Robert Eisner, M. I. Nadiri
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Towards a Neo‐classical Theory of Institutional Failure
Journal of Economic Studies, 1992Aims to explore the possibility of developing a neoclassical theory of institutional failure, based on “transaction costs”. Critically assesses the role of institutions in General Equilibrium theory and concludes that, with the exception of the market (price mechanism), this is institution‐free.
Christos N Pitelis
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A Neo-Classical Theory of Economic Growth.
The Economic Journal, 1962J. R. Hicks, J. E. Meade
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Is management accounting theory breaking free from the shackles of neo‐classical economics? A South African perspective [PDF]
Meditari: Accountancy Research, 2001 To the extent that management accounting is based on neo-classical economics, all decision-making is assumed to be rational, aimed at utility or profit maximisation and all circumstances influencing decisions are accepted as stationary.
M. Shotter, Shotter, Magdalena
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The neo-classical monetary growth theory
1976As we pointed out in the general introduction to the monetary growth theory, the monetary growth models which have been developed in the last decade, can be divided into two categories: viz. the neo-classical and the Keynes-Wicksell analyses. Neo-classical analysis, which we shall be dealing with in this chapter, is characterized by the suppositions ...
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