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rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of … of game and decision theory …
Persistent link: https://www.econbiz.de/10014474112
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 …
Persistent link: https://www.econbiz.de/10014473946
, market competition, game theory and epistemology of probability and statistics. Each of the seven authors reminds us of the …
Persistent link: https://www.econbiz.de/10012420015
'chaos-theoretic' system where a theory is a framework that helps formulate hypotheses rather than a set of statements about … economics and why these developments do not fit Kuhn's theory of progress in science. Through the close analysis of scientific …
Persistent link: https://www.econbiz.de/10014544816
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 …
Persistent link: https://www.econbiz.de/10011850558
This book addresses the long absence of a satisfactory theory of macroeconomics. Keynesian theory is not consistent …
Persistent link: https://www.econbiz.de/10011851877
Knowledge, Technological Catch-up and Economic Growth investigates the relationship between knowledge diffusion and economic growth. Using a broad definition of knowledge - encompassing technology, production skills, know-how and firm capabilities - the central argument of the book is that the...
Persistent link: https://www.econbiz.de/10014473801
theory to be consistent with the mechanisms which guide the workings of the human mind. The author begins by presenting an …
Persistent link: https://www.econbiz.de/10014473882
This major volume develops a rigorous equilibrium-free political economy based on labour values. Rooted in a non-dualistic approach restoring money to its central role in a commodity economy, Marx and Non-Equilibrium Economics is the fruit of extensive international collaboration reflecting a...
Persistent link: https://www.econbiz.de/10014473902
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 …
Persistent link: https://www.econbiz.de/10014473927