What are the economic justifications for government intervention in the economy?

Economic analysis of law usually proceeds with the behavioral assumptions of neoclassical economics ... research agenda for future work in behavioral law ... Kurt Dopfer, 'The Phenomenon of Economic Change: Neoclassical vs Schumpeterian Approaches', in: L. Magnusson (Ed.), Evolutionary and Neo-Schumpeterian ... Postlewaite (1993): “Finite Bubbles with Short Sale Constraints and Asymmetric Information,” Journal of Economic Theory, 61, 206–229. Brunnermeier, M. K. (2001): ... neoclassical economic theory. In Section 2.2, we formalize how theories from behavioral economics and decision research may apply to privacy and influence ... ... information has this double existence in neoclassical economic theory). Two Forms Of Information In Information Economics. Information takes up at least two ... The adoption of neoclassical economics in the late 1970s meant that the "utopian assumptions were given the credibility of supposedly unchanging natural ... Practical economists who could not ignore the bouts of unemployment which had plagued capitalism since its inception talked of the neoclassical synthesis: using ... However, in the late 1980s and early 1990s, international economic research community did not understand much about China's reform, and many economists were far ... Nov 20, 2021 ... General equilibrium theory lost its dominant position in theoretical economic studies, with its role of setting the research agenda taken over ... for the relevance of any theory. Moreover, neoclassical research is typically narrowed to questions that are accessible to mathematical modelling; content ...