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...

In recent decades, there have been concerns within the economics profession about the narrowness in both graduate and undergraduate economics programs. These concerns have been based on the view that economic phenomena can be the subject of many modes of explanation, each based on a particular...

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...

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...

The purpose of this paper is to emphasize the implication of neurofinance with respect to the efficient market hypothesis. To this end, the paper first brings to the fore two aspects of neurofinance, namely, thinking imposes strain on the mind, and making judgment involves emotions, as a result...