Results 91 to 100 of about 109,032 (285)
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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Evolutionary economics and household behavior [PDF]
, 2014 This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more ...
Horioka, Charles Yuji
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CEO's Early‐life Experience of Disasters and Corporate Environmental Performance
Abacus, EarlyView.We investigate the nexus between the early‐life disaster experiences of chief executive officers (CEOs) and their firms’ environmental performance metrics. We hypothesize that first‐hand experience of the adversities of natural disasters in the formative years of a CEO can catalyze a transformation in their environmental cognizance and perspective ...
Shushu Liao +2 more
wiley +1 more source
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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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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Farmers' pro‐social motivations and willingness‐to‐accept in markets with public goods
American Journal of Agricultural Economics, EarlyView.Abstract To explain how some farmers' decisions may diverge from profit‐maximization, we incorporate proactive social preferences for public goods in an expected utility framework, in addition to reactive risk preferences to uncertainty. We offer empirical evidence that proactive preferences influence farmers' decisions alongside reactive preferences ...
Jill Fitzsimmons +2 more
wiley +1 more source
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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Causal versus Consequential Motives in Mental Models of Agent Social and Economic Action: Experiments, and the Neoclassical Diversion in Economics [PDF]
, 2020 Vernon L. Smith
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Private Land Ownership: Tax or Socialize?
The American Journal of Economics and Sociology, EarlyView.ABSTRACT This study compares the land reform concepts of Henry George and Silvio Gesell, both of whom rejected private appropriation of land rent as unjust. While George proposed to “hollow out” private land ownership through a comprehensive land value tax, Gesell aimed at full socialization of land combined with lease auctions and compensation of ...
Dirk Loehr
wiley +1 more source