What are the neoclassical explanations for poverty?

Practical economists who could not ignore the bouts of unemployment which had plagued capitalism since its inception talked of the neoclassical synthesis: using ... 4 According to the dominant economic model, also known as the neoclassical economic theory, which originated in the last decades of the 19th century ... This article draws out implications for human survival of continuing to implement policies based on neoclassical modes of analysis. Neoclassical economics is the study of optimal choice under conditions of scarcity. ... How Do Informational Prompts Affect Choices in the School Lunchroom? Kurt Dopfer, 'The Phenomenon of Economic Change: Neoclassical vs Schumpeterian Approaches', in: L. Magnusson (Ed.), Evolutionary and Neo-Schumpeterian ... neoclassical economic theory. In Section 2.2, we formalize how theories from behavioral economics and decision research may apply to privacy and influence ... Apr 8, 2010 ... In this paper, we study how such information spillovers impact the incentives that agents face when making their real economic decisions. 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 ... Challenges to the Neoclassical View of Informational Property. Even if neoclassical economic scholars are correct in their assertion that most resources are ... ... theory, [in:] Mathematical Foundations of Information Flow, S. Abramsky, M ... [53] WINRICH J.S., Self-reference and the incomplete structure of neoclassical ...