This paper proposes a broad concept of institutions and examines some theoretically relevant aspects of this and alternative concepts. The proposed concept is broad in two aspects: it includes a mental dimension not reduced to expectations, allowing institutional patterns of thought to include...

When discussing the relation between rationality and conventions under non-neoclassical uncertainty, almost all economists focus on the rationality of following a convention. This paper contributes to the construction of an alternative approach, which argues that conventions and rationality are...

This paper is an attempt to go beyond dichotomic taxonomies of the concept of uncertainty. It argues for the need to distinguish between at least two types of situation that have been opposed to what neoclassical economics deals with under the rubric of uncertainty or risk. These situations are...

This paper discusses the concepts of neoclassical, mainstream, orthodox, and heterodox economics, distinguishing temporally more general and more specific concepts. The concept of mainstream economics is based on prestige and influence and includes ideas taught in prestigious schools. Although...

Este artigo questiona a divisão da economia em micro e macroeconomia. Embora parte do estudo sobre as instituições possa se encaixar na microeconomia e uma outra parte na macroeconomia, tal estudo não se resume a essas áreas e merece um espaço próprio, na pesquisa e no ensino. Este...

The present article proposes a typology of the main varieties of uncertainty considered by economists and refines existing concepts. This typology combines three distinctions, between: substantive and procedural uncertainty; weak and strong uncertainty; and ambiguity and fundamental uncertainty....

After briefly presenting the concepts of orthodox, mainstream and heterodox economics, and applying them to the contemporary period, this article discusses the Post Keynesian school and its relation to contemporary orthodox and mainstream economics. While opposed to the neoclassical orthodoxy,...