Results 231 to 240 of about 1,010,230 (258)
Rationality of liquidity preferences and the neoclassical monetary growth model
Journal of Macroeconomics, 1983 Abstract In the neoclassical monetary growth literature, the rationality condition in the sense of freedom from money illusion is imposed on the demand for nominal balances by assuming that this demand is homogenous of degree one in nominal income and nominal wealth.
Hiroaki Hayakawa
semanticscholar +4 more sources
Some Remarks on Optimal Growth with Intertemporally Dependent Preferences in the Neoclassical Model
The Review of Economic Studies, 1975 Mukul Majumdar
semanticscholar +4 more sources
, 2009 The central purpose of this volume is to evaluate the relative weight of domestic and international factors in determining the national security behavior of states.
Benjamin O. Fordham
semanticscholar +4 more sources
Empirical Studies of the Arts, 1998 Individual differences in style and emotional content of artwork created in an expressive therapy group were correlated with individual aesthetic preferences for visual complexity in order to investigate the dichotomy between classical and expressionistic/romantic aesthetic models. Twenty-two subjects produced artwork rated according to Simon's theory
Jith Meganathan +3 more
openaire +3 more sources
The Pure Time Preference Theory: A Neoclassical Critique [PDF]
SSRN Electronic Journal, 2016 The pure time preference theory of Ludwig von Mises and Murray N. Rothbard is a cornerstone of the Austrian theory of interest. In the past, several attempts were made to demonstrate that this theory might be inconsistent. In this paper, the original Bohm-Bawerk theory is illustrated in a simple neoclassical model, and it is shown that there might be a
Pavel Potužák
openaire +2 more sources
Nudges, preferences and competences: a critique of both neoclassical and behavioral economics
Behavioural Public PolicyFor all their differences, the two rival theories of human behavior have many unfortunate similarities. Standard rational choice theory posits that individuals use rational techniques to pick ends that meet their set of private preferences.
Richard A. Epstein
openalex +2 more sources
Journal of the History of Economic Thought, 2008 Don Ross' recent book Economic Theory and Cognitive Science (2005) provides an elaborate philosophical defense of neoclassical economics. He argues that the central features of neoclassical theory are associated with what he calls the Robbins-Samuelson argument pattern (RASP) and that it can be reconciled with recent developments in experimental and ...
D. Wade Hands
+5 more sources
SSRN Electronic Journal, 2018 In the post script of his letter of August 30th,1935 to Keynes, contained on page 556, CWJMK, Volume 13, Harrod completely and totally capitulated to Keynes: “…has to be determined by some new equation not provided for in the classical system. Thus the way is clear for a radical reconstruction. Your new equation is the liquidity preference schedule…”. (
Michael Emmett Brady
openaire +3 more sources
SSRN Electronic Journal, 2017 Keynes made it crystal clear in his comments on the draft copy of Pigou’s future 1937 article in the Economic Journal that Pigou’s fundamental error was to have two different theories of the rate of interest, one determined by the demand and supply of money, and the other one determined by the amount of spending out of current income on consumption and
Michael Emmett Brady
openaire +3 more sources
Some of the next articles are maybe not open access.
Related searches:
Related searches:
Meaningful Theorems: Nonparametric Analysis of Reference-dependent Preferences
Social Science Research Network, 2023We derive nonparametric sufficient and asymptotically necessary conditions for the existence of reference-dependent preferences, as in Kőszegi and Rabin’s (2006) structural implementation of Kahneman and Tversky’s (1979) prospect theory, that can ...
Laura Blow, V. Crawford
semanticscholar +1 more source