Objective: The objective of the article is to present the differences in the research approach concerning consumer behaviour from the perspective of neoclassical economics and the Austrian school of economics.
Wojciech Giza
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The General Impossibility of Neoclassical Economics
This article recalls how neo-classical economics prides itself both on its mathematical rigour and on the universal applicability of its principles, and how, on this basis, “economics imperialism” is colonising the subject matter of the other social ...
Ben Fine
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Is Neoclassical Economics still Entrepreneurless? [PDF]
SummaryThe paper reviews and evaluates some recent contributions on modeling entrepreneurship within a neoclassical framework, analyzing how, and to what extent, the fundamental ingredients suggested in the social science literature were captured.
Bianchi, Milo, Henrekson, Magnus
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NEOCLASSICAL ECONOMICS: SOME MARSHALLIAN INSIGHTS [PDF]
In this paper are going to be analyzed the theories of supply, demand and equilibrium. It is about a neoclassical economics, Nobel laureate economist Alfred Marshall who is the inventor of the analyzed theories.
KRUME NIKOLOSKI
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Comparative analysis of Neoclassical and Behavioral Economics in their policy approach toward poverty alleviation [PDF]
Poverty has always been considered one of the most important concerns of human societies and due to high importance of the issue, different approaches are chosen to deal with it.
Mahmoud Motevasseli +2 more
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Assumptions, Applications and Implications of Modern Economic Analysis in Comprehending Neo-Classical Economics [PDF]
This research paper delves into the foundational principles, assumptions, applications, and limitations of neoclassical economics, presenting a comprehensive exploration of its significance in economic analysis, policy formulation, and the understanding ...
Nicole Dubois
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Austrian and Mainstream Economics on Mathematics – a Comment on Pieniążek (2018): Reply to Machaj.
Machaj’s (2019) interesting comment on my original article (Pieniążek, 2018) makes several points. The major one is that in my discussion of the usefulness of the Austrian School of Economics’ (henceforth: ASE) tool of study, which is praxeology, I have ...
Piotr Pieniążek
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Sociology Discovers the Market: Economic Sociology
This study aims at clarifying the relationship between economics and sociology since their emergence as a science. The boundaries between the two sciences have merged with one another due to the rise of economic sociology in the mid-1980s.
Emrah Yıldız
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Realism and determinism: some thoughts on neoclassical economics
Neoclassical economics is often criticised for being deterministic and disconnected from social reality. A related criticism is that neoclassical economic theory is instrumentalist. This article argues that neoclassical economics, if properly understood,
Duncan Hodge
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An Investigation into the Evolution of the Principle of Justice in Contract Law in Light of the Evolution of Economic Literature; From the Classical School to the Behavioral School [PDF]
Whereas contracts are the legal tools for the substantiation of economic transactions, in order to respond to the needs of economic actors in accordance with the evolution of economic approaches, they have changed. Developments in economic schools can be
fatemeh kharkesh, jalil ghanavati
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