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What Behavioural Economics Has to Say about Financial Literacy
Applied Finance Letters, 2013 Gaps in financial literacy are arguably responsible for significant errors in decision-making by consumers and investors alike. Unlike the conventional neoclassical economic wisdom, behavioral economics opens the analytical door to the significance of ...
Morris Altman
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Adding Realism to Theories of Taxpayer Compliance
Southern Economic Journal, EarlyView.ABSTRACT Explaining why people pay taxes has not been a central focus in the many important contributions of Jim Cox. Even so, I argue here that his work has greatly affected the way that we think about taxpayer compliance, by adding both directly and indirectly much needed realism to the theories and the applications of compliance. These contributions
James Alm
wiley +1 more source
Mathematics as the role model for neoclassical economics (Blanqui Lecture) [PDF]
Born out of the conscious effort to imitate mechanical physics, neoclassical economics ended up in the mid 20th century embracing a purely mathematical notion of rigor as embodied by the axiomatic method.
Giocoli, Nicola
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Complexity and the culture of economics: a sociological and inter-disciplinary analysis [PDF]
The Journal of Philosophical Economics, 2012 This paper offers a sociological explanation for why the field of economics has so severely restricted the scope of its analysis to the point where it failed to foresee the financial crises, economic recessions, and other large shifts in economic ...
Hendrik Van den Berg
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La evolución de la historia económica desde 1950: de cliometría hasta cliodinámica
Revista Tiempo & Economía, 2015 This paper analyzes the evolution of economic history in the last 65 years. It argues that economic history has followed a path that goes from the strictly use of standard economics applied to economic past (i.e.
Javier Mejía
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Understanding Farmer Behaviour for Successful Climate Change Mitigation in Voluntary Initiatives
Australian Journal of Agricultural and Resource Economics, EarlyView.ABSTRACT Private and voluntary initiatives, such as voluntary carbon markets, can support public policies aimed at reducing greenhouse gas (GHG) emissions in agriculture. This study investigates the impact of behavioural factors (reluctance to change) and social dynamics (peer imitation) on the adoption of two mitigation practices on Swiss dairy and ...
Marta Tarruella +5 more
wiley +1 more source
A Matter of Opinion: How Ecological and Neoclassical Environmental Economists Think about Sustainability and Economics [PDF]
The differing paradigms of ecological and neoclassical environmental economics have been described in various articles and books and are also embedded in different institutional settings.
Lydia Illge, Reimund Schwarze
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The Value of Time: Its Commodification and a Reconceptualization
Eidos. A Journal for Philosophy of Culture, 2017 The discourse about commodification of time indicates that under the current socio-economic regime important values get systematically ignored. This paper reviews literature about the value of time in classical political economy, neoclassical economics ...
Wolfgang J. Fellner
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Australian Journal of Agricultural and Resource Economics, EarlyView.ABSTRACT The purpose of this paper is to discuss the micro‐ and macro‐outcomes for the standard neoclassical carbon tax (whose burden falls on the producers) versus the implication of a budget neutral, performance‐based EU Common Agricultural Policy (CAP) focusing on non‐CO2 emission (N2O and CH4, measured in CO2eq) reduction, especially in the ...
John Helming +4 more
wiley +1 more source
Profit maximization, industry structure, and competition: A critique of neoclassical theory [PDF]
, 2006 Neoclassical economics has two theories of competition between profit-maximizing firms--Marshallian and Cournot-Nash--that start from different premises about the degree of strategic interaction between firms, yet reach the same result, that market price
Standish, Russell +2 more
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