Neoclassical Economics’ Immunisation Strategies Against Behavioural Economics: Popper’s Perspective [PDF]
Although neoclassical economics faces frequent criticism, it remains the dominant paradigm, largely due to its immunisation strategies that rely on unfalsifiable concepts of utility and rationality. In this paper, I use Karl Popper’s philosophy to assess
Aleksander Ostapiuk
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Islamic Economics and Economics as a System of Power [PDF]
Islamic economics emerged in the post-colonial period as a novel and independent approach to political and economic discourse. It sought an ideal economic system that could encompass interest-free commercial relations, moral behavioral norms that ...
Adem Levent, Fahriye Afacan
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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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THE RELATIONSHIP BETWEEN BEHAVIOURAL AND NEOCLASSICAL ECONOMICS [PDF]
The purpose of this article is to analyze the relationship between the discipline of Behavioural Economics and the Neoclassical School. On the basis of the available literature, the paper aims to investigate if the two branches are totally opposite, or ...
Paula-Elena Diacon, Madalina Calance
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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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As-If Behavioral Economics: Neoclassical Economics in Disguise? [PDF]
For a research program that counts improved empirical realism among its primary goals, it is surprising that behavioral economics appears indistinguishable from neoclassical economics in its reliance on “as-if” arguments. “As-if” arguments are frequently put forward in behavioral economics to justify “psychological” models that add new parameters to ...
Berg, Nathan, Gigerenzer, Gerd
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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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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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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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