A cultural economic perspective focuses on values as they affect behavior, the valuations in various spheres as well as … challenge is to render them susceptible to analysis in economic contexts. The illustrations are derived from the economics of …

Mathematical economic theory is lacking in logical rigour. Even if the mathematics used in constructing formal economic … theory is rigorous as pure mathematics, economic theory possesses both mathematical and non-mathematical components. But … mathematical reductionism fails to formalize the non-mathematical components of economic theory, and the method of numerics …

Mathematical economic theory is lacking in logical rigour. Even if the mathematics used in constructing formal economic … theory is rigorous as pure mathematics, economic theory possesses both mathematical and non-mathematical components. But … mathematical reductionism fails to formalize the non-mathematical components of economic theory, and the method of numerics …