We critically assess the nature, method and scope of neoclassical economics, and its purported relationship to the famous definition of economics by Lionel Robbins (that economics is the science of human behaviour as a relationship between scarce mans that have alternative uses). We claim that...

Despite recent emphasis on intra-organizational issues, scholarship on organizations, management and strategy remains unduly reliant on economic models, such as the industrial organization (IO) market structure-based analysis. The focus of such models is on price-output determination by firms...