What are the policy debates surrounding regulation from a neoclassical perspective?

The new institutional economics aspires to bridge the gap between neoclassical economics and organization theory (Williamson, 1985; Furubotn and Richter, 1998). Jan 3, 2011 ... For consequential survey questions, neo- classical economic theory is relevant in terms of the incentives respond- ents face in answering the ... Stock markets must be characterized by imperfect information, so long as information is costly; there is, as Grossman and Stiglitz (1980a) put it, an ... Much research shows that centrally planned economies perform less well than market economies; that fact is not in dispute. But few studies test whether the ... Mar 25, 2022 ... ... Study of South Carolina.” National Bureau of Economic Research Working Paper no. 2854. Krueger, Anne. 1963. “The Economics of Discrimination ... The awkward position of neoclassical economic theory in regard to the relation between economics ... research in economics. However, it seems there is little ... Sep 20, 2024 ... Behavioral economics uses empirical studies to validate or perceive flaws in standard economic theory. Behavioral research is not based on a ... May 18, 2017 ... Hayes says: The entirety of the corpus of [Friedrich] Hayek, [Milton] Friedman, and neoclassical economics. I think it's an incredibly powerful ... This article draws out implications for human survival of continuing to implement policies based on neoclassical modes of analysis. Jul 1, 2020 ... ... economy, towards a neoclassical economic model. Investment management and research firms are adapting to change in payment mechanisms at a ...