This book addresses the long absence of a satisfactory theory of macroeconomics. Keynesian theory is not consistent …

theory to be consistent with the mechanisms which guide the workings of the human mind. The author begins by presenting an …

In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates that the extension of … neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …

distinct lines of AI orientated research in economics: applications intended to extend neoclassical theory, applications … intended to undermine neoclassical theory and applications which ignore neoclassical theory in the quest for new modelling …

rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of … of game and decision theory …

demonstrates the considerable influence that his work on economic theory has had on his contemporaries, and the profession as a … / Mark Roberts -- Endogenous growth theory : a partial critique / Philip Arestis and Malcolm Sawyer -- The nature of economic … growth and the neoclassical approach. : more questions than answers? / John McCombie -- On the core of macroeconomic theory …

This challenging book extends standard economic theory to take into account the presence of heterogeneity among … in explaining empirical phenomena than much of the existing theory. The result of this approach to economic theory which … abandon rigorous analysis. This important book will be welcomed by those interested in both macro and micro economic theory …