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A Conspectus of the Neo-Classical Theory of Induction
1976The classical tradition in inductive logic is the tradition of Bacon (1620), Herschel (1833), Whewell (1840) and Mill (1843). Admittedly these authors did not always distinguish as well as they should have done between the study of criteria for the evaluation of scientific hypotheses and the study of procedures for scientific discovery. But in bk. III,
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On Parallelism in Neo‐Classical Economic Theory
International Journal of Social Economics, 1987A point of view (or standpoint) on neo‐classical economic theory may be based on the seminal works in the history of science of Thomas S. Kuhn and Jacob Bronowski. To be specific, one of Kuhn's conceptions of a paradigm may be interpreted to mean that an exemplar that is articulated is a paradigm.
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Capital in Economic Theory: Neo-Classical, Cambridge and Chaos
The Canadian Journal of Economics, 1993This major book presents a comprehensive treatment of modern capital theory. It brings together in a balanced and systematic way, the various approaches to capital theory which have emerged or re-emerged in the most recent controversies on the subject.
Thomas K. Rymes, Syed Ahmad
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Alternatives to the Neo‐Classical Theory of Choice
2001Abstract The concepts of accuracy and bias in surveys, like that of elicitation of preferences, presuppose that there are true answers to the questions that contingent valuation (CV) studies address. This chapter reviews a body of research that raises doubts about that presupposition; it focuses on two issues in CV methodology ...
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Neo-Classical Macro-Distribution Theory
1968Macro-distribution is about the relative shares of various classes in functional income distribution, as distinguished from micro- or ‘pseudo-’ distribution, which is about the prices of productive inputs or ‘factors of production’. Neo-classical macrodistribution has, however, been based on two major notions derived and adapted from micro-distribution;
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The Neo-Classical Contributions to the Theory of International Trade
1970In a dynamic economy some of the most challenging policy problems tend to originate in the realm of international economic relations. In the post World War II period, these problems have been intensified and become more complex. Students of international economics often feel perplexed by numerous divergent and diametric views that well-trained and ...
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Neo-Classical Theories of Profit Maximisation: Origins
1973Almost the whole of today’s standard profit-maximisation theory of the firm is derived from the neo-classical models developed during the early part of this century. The models of Alfred Marshall [7], Joan Robinson [11] and Edward Chamberlin [12] are still taught, not as relics of the past or mere pedagogical devices, but as integral parts of the basic
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Neo-Keynesian Criticisms of Neo-classical Theory
1979Chapter 3 showed how, in the mid-1950s, neo-classical growth theory emerged from the view that for long-run analysis it was appropriate to relax the Harrod-Domar assumption of fixed coefficients, legitimate to ignore Keynesian problems, and natural to assume that prices and distribution are determined by the equilibration of competitive product and ...
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Neo-classical Economics and Evolutionary Theory: Strange Bedfellows?
PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association, 1992On the surface and to a first approximation, economic theory and evolutionary theory share salient features: a commitment to optimality and maximizing, a consequent similarity in mathematical formalism, an appeal to equilibrium as the preferred explanatory strategy. Moreover, both have at various times been stigmatized as empirically empty.
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