How can a critical understanding of neoclassical economics inform a broader approach to economic analysis and policy?

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Neoclassical economics is the study of optimal choice under conditions of scarcity. ... How Do Informational Prompts Affect Choices in the School Lunchroom? function employed in standard economics and neoclassical growth theory to a production function that displays increasing returns to scale. This solution has ... Alchian begins Uncertainty, Evolution, and Economic Theory by stating that “[a] modification of economic analysis to incorporate incomplete information and ... Postlewaite (1993): “Finite Bubbles with Short Sale Constraints and Asymmetric Information,” Journal of Economic Theory, 61, 206–229. Brunnermeier, M. K. (2001): ... Informational Directory for Heterodox Economists ... Keynesian economics, institutional economics, economic history, and mainstream neoclassical economics. ... (neoclassical) economics.Focusing on the centrality of information/communication to economic and ecological processes, Communication and the Transformation ... Challenges to the Neoclassical View of Informational Property. Even if neoclassical economic scholars are correct in their assertion that most resources are ... The economic models with a neoclassical theoretical basis were among the most often used tools in the early stages of cybersecurity economics research. This ... The Solow neoclassical model of economic growth, synchronized with LW, gives the opportunity to forecast economic dynamics of technologically advanced countries ... Jun 15, 2019 ... ... informational role of the price system within the neoclassical framework. ... neoclassical economics has yielded an odd blend of the two.footnote ...
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