What are the neoclassical policy recommendations for addressing income inequality?

That is, market prices synthetize a huge amount of information dispersed throughout the economy and hence coordinates economic activity vastly beyond the narrow ... Apr 1, 2017 ... Neoclassical economics posits a direct relationship between the object and the choice made. But in behavioral economics, the choice depends on ... Theories within a progressive research program are able to explain novel facts or regularities that were previously unexplained. Con- versely, a “regressive” ... Feb 3, 2023 ... The documents may come from teaching and research institutions in France or abroad, or from public or private research centers. L'archive ... 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 ... normative than the neoclassical economics assumptions of rational economic agents and ... research as neoclassical because such a broad definition of ... Apr 8, 2010 ... In this paper, we study how such information spillovers impact the incentives that agents face when making their real economic decisions. Economic approaches criticising equilibrium thinking and advancing a computational view of the economy have recently challenged the neoclassical economics ... Neoclassical economics focuses on differentials in wages and employment condi- tions between countries, and on migration costs; it generally conceives of. neoclassical economics, evolutionary economics claims ... ), Evolutionary and Neo-Schumpeterian Approach to Economics (Kluwer Academic Publishers, 1994) 1.