economics. Meta-economic principles are different from laws; they relate to the principles of theory construction, to the … assumptions which are implicit in theory, to the constraints imposed on theories and to the analysis and scope of theories. We … theory, we consider a number of articles from the Journal of Political Economy. The testability of meta-economic principles …

In this paper we critically review the literature on rational choice theory (RCT) and the critical approaches to it. We … will present a concise description of the theory as defended by Gary Becker, Richard Posner and James Coleman (as well as … neuroeconomics. Our intention is to present an improved theory of rational choice that, informed from the above discussion, will be …

effective translation into innovation. Their force of attraction stems from their ability to lower variable costs in innovative … thermodynamic theory, that models the tradeoff between fixed costs and variable costs. We identify tacit knowledge as noise … innovation policies and strategic industrial policies in general …

new conditions. We develop an analytical framework based on the thermodynamic theory of economics to study the performance … and language processes, which are thermodynamic processes, are directly modeled with the analytical thermodynamic theory …. theory …

thermodynamic equation. From here, we develop an analytic thermodynamic theory of economics. Since a thermodynamic equation is of …. Most people agree that thermodynamic theory is a sounder foundation to describe living systems than Newtonian mechanics …, which is the physical foundation of general equilibrium theory. As it is often the case, an analytical framework that is …

In 1987, Greenwald and Stiglitz accused Keynes's summary of the "General Theory" in chapter 18 of relying upon … cause and dependence used to discuss the relationships between independent and dependent variables of the "General Theory … the "General Theory." We thus characterize the latter as a vademecum to the complex economic world, the author providing …

analysis is, on its own terms, compromised. Chicago transaction cost analysis has no theory capable of distinguishing …