Economic growth as the limiting factor for wildlife conservation [PDF]
The concept of limiting factor includes the lack of welfare factors and the presence of decimating factors. Originally applied to populations and species, the concept may also be applied to wildlife in the aggregate.
Czech, Brian
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Market Mechanism: An Appraisal of Neoclassical, Institutional and Austrian Schools of Thought [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2013 The Purpose of this paper is a comparison among the Neoclassical, Institutional, and Austrian Schools of Thought on market mechanism. Searching through the major published works of distinguished representatives of these schools, we find that there are ...
Mohammadgholi Yousefi
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On the Scientific Status of Economic Policy: A Tale of Alternative Paradigms [PDF]
In the last years, a number of contributions has argued that monetary -- and, more generally, economic -- policy is finally becoming more of a science. According to these authors, policy rules implemented by central banks are nowadays well supported by a
Andrea Roventini, Giorgio Fagiolo
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What Is Neoclassical Economics? The three axioms responsible for its theoretical oeuvre, practical irrelevance and, thus, discursive power [PDF]
This paper offers a precise definition of neoclassical economics based on three axioms which lie at the latters foundations. This definition is all inclusive in that it applies as much to the neoclassical economic models of the late 19th century as it ...
Christian Arnsperger, Yanis Varoufakis
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From Wald to Savage: homo economicus becomes a Bayesian statistician [PDF]
Bayesian rationality is the paradigm of rational behavior in neoclassical economics. A rational agent in an economic model is one who maximizes her subjective expected utility and consistently revises her beliefs according to Bayes’s rule.
Giocoli, Nicola
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Behavioral law and economics: Multidisciplinarity in action [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2019 This paper presents the theoretical foundations of Behavioral Law and Economics (BLE), as well as the practical implications of some key findings of this discipline.
Mojašević Aleksandar S.
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Making economics more relevant
Erasmus Journal for Philosophy and Economics, 2010 During a visit to Erasmus University Rotterdam in November 2009 Professor Hodgson granted the Erasmus Journal for Philosophy and Economics the opportunity to discuss many of these issues extensively.
Geoffrey M. Hodgson
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Alfred Marshall’s Puzzles. Between Economics as a Positive Science and Economic Chivalry [PDF]
, 2015 Alfred Marshall’s approach to economics hides a paradox. On one hand, the ‘father’ of neoclassical economics strongly favoured conducting economics as a positive science.
Dzionek-Kozłowska, Joanna
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Individuals and institutions in social economics [PDF]
This is Chapter 4 from "Social Economics: An Alternative Theory" (St. Martin's Press, 1991). This chapter focuses on the human subjects of economic study, suggesting that the psychology offered in neoclassical economics is severely inadequate to serve as
Goodwin, Neva
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The Relation of Neoclassical Economics to other Disciplines: The case of Physics and Psychology [PDF]
, 2021 Stavros A. Drakopoulos
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