Axiomatical examination of the neoclassical economic model. Logical assessment of the assumptions of neoclassical economic model
We analyze in this paper the main assumptions of the neoclassical theory, considered as axioms, like the rationality of the economic actor, equilibrium of the markets, perfect information or methodological instrumentalism. Attempts to apply to formalism in economy are related to expressing human beh...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2016-06-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1181.pdf
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