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predictive content of the traditional theory of competitive supply. A number of key results in the deterministic theory follow as … predictive content of the classical theory of competitive firm behavior from its a priori roots in profit maximization, while … subsuming the traditional theory as a special case. -- Supply aggregation ; stochastic supply function ; stochastic consistency …
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economics. Meta-economic principles are different from laws; they relate to the principles of theory construction, to the … assumptions which are implicit in theory, to the constraints imposed on theories and to the analysis and scope of theories. We … theory, we consider a number of articles from the Journal of Political Economy. The testability of meta-economic principles …
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In this paper we consider the effect of quantity restrictions and scrutiny on the consumption of quasi-free goods. A good is quasi-free if it is zero priced, but it is consumed in the context of a social setting (e.g., as an employee, client, friend, etc.). Examples include cookies at a picnic,...
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approach explaining socio-economic behaviour. -- economic decision-making ; rational choice theory ; personality ; implicit …
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, authoritative statements of fact, output and outcome are taken up in turn. Definitions rely on mathematical set theory, and on basic …
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