How does neoclassical economics model the diffusion of technology?

Jun 1, 2009 ... Critique, Health economics, Neoclassical economics, Theory. Subject Categories. Economics | Economic Theory | Health Economics. Publication ... Instead, they see markets as institutions that have evolved to solve information problems. According to Hayek, neoclassical economics got itself into trouble by ... Apr 7, 2025 ... Going beyond neoclassical economic theory, Nelson and Winter (1985) described consequences of dynamic processes of innovation in ... Theories within a progressive research program are able to explain novel facts or regularities that were previously unexplained. Con- versely, a “regressive” ... Jun 12, 2024 ... In sum, there ain't no such thing as a market failure, the claims of most neoclassical economists to the contrary notwithstanding, certainly not ... The first possibility is that, by constraining 'useful' to mean 'price-sensitive', conventional (neoclassical) economic theory is too narrow with respect to ... Apr 1, 2017 ... Neoclassical economics posits a direct relationship between the object and the choice made. But in behavioral economics, the choice depends on ... Jul 13, 2021 ... ... economists that such a syn- thesis of behavioral and neoclassical economics makes behavioral economics obsolete as a distinct research ... neoclassical economics, evolutionary economics claims ... ), Evolutionary and Neo-Schumpeterian Approach to Economics (Kluwer Academic Publishers, 1994) 1. Jul 4, 2024 ... “The convenience of the perfect-information postulate precluded the need. [for neoclassical economics] to dissect the nexus of social ...