How do neoclassical economists approach the construction and testing of economic models?

for the relevance of any theory. Moreover, neoclassical research is typically narrowed to questions that are accessible to mathematical modelling; content ... The Solow neoclassical model of economic growth, synchronized with LW, gives the opportunity to forecast economic dynamics of technologically advanced countries ... Research Council to the Centre for Business Strategy, London Business School. 0309-166X/88/030313+16 803.00/0. © 1988 Academic Press Limited. Page 2 ... Which brings us to the second point: neoclassicalism expects prices to change continually based on changes in demand, but the overwhelming empirical fact across ... Specifically, virtually all recent mainstream neoclassical economic research is based on the highly misleading “intermediation of loanable funds ... The information economics approach did not supplant the neoclassical model but rather extended it to include an explicit analysis of how information ... Kurt Dopfer, 'The Phenomenon of Economic Change: Neoclassical vs Schumpeterian Approaches', in: L. Magnusson (Ed.), Evolutionary and Neo-Schumpeterian ... Research Library. Summarizing the latest research in economic development ... I argue that to get beyond the neoclassical fallacy, economists have to stop relying ... In the research process for this paper, I read books and articles on agriculture, food, and hunger. In the interest of making the distinction between the ... normative than the neoclassical economics assumptions of rational economic agents and ... research as neoclassical because such a broad definition of ...