How does mainstream economics analyze consumer behavior?

“Mainline is defined as a set of positive propositions about social order that were held in common from Adam Smith onward, but mainstream economics is a ... Description ... The book follows the evolution of the economic mainstream through four major transformations of the discipline: from political to analytical ... The aim is to critically analyse beliefs about usefulness of universal economic models in the economic reality advocated by mainstream economists and to prove ... Aug 15, 2018 ... A fully reformed economics education which encompassed pluralism, ethics, interdisciplinarity and communication. We propose a synthesis according to which people indeed act by rules, which usually work well, but may work poorly in exceptional or contrived scenarios. Mar 29, 2019 ... Fukuyama points out that in a Malthusian world, no property rights will provide you with an economic surplus; but technological development will. The changing face of mainstream economics ... This article argues that economics is currently undergoing a fundamental shift in its method, away from neoclassical ... Mainstream economic theory is based on the rationality assumption: that people act as best they can to promote their interests. In contrast, behavioural ... Dec 4, 2019 ... Duflo believes that an excessive faith in financial incentives is one of the big things mainstream economics got wrong. “You can see the long ... Sep 3, 2020 ... Abstract: In this paper we ask, what is mainstream economics education conveying to its students? ... mainstream economists and a subset of the ...