This book discusses the relationship between pluralist economics and the case study method of teaching, advocating the complimentary use of both to advance economics education. Using a multi-paradigmatic philosophical frame of analysis, the book discusses the philosophical, methodological, and...

"Utilizing a multi-paradigmatic approach in considering the scientific methodology of mainstream financial economics, and suggesting improvements, this book identifies eleven biases of the scientific methodology of mainstream financial economics. It explores intellectual bias, local bias, fad...

This paper provides overviews of interesting topics of game theory, information economics, rational expectations, and efficient market hypothesis. Then, the paper shows how these topics are interconnected, with the rational expectations topic playing the pivotal role. Finally, by way of proving...

Masulis and Trueman (1988) investigated corporate investment and dividend decisions under differential personal taxation. They assumed a state-preference complete market, a ban on short selling and concluded that shareholders prefer nonzero dividend payment. In their model, the restrictions on...