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Evolutionary and Institutional Analysis of the Scarcity Concept in the Contemporary Paradigm of the Neoclassical Economics

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Author Info
Plamen Tchipev

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Abstract

An attempt is made for critical assessment of a fundamental category of the neoclassical economics by means of the contemporary institutional and evolutionary analysis. The concept of the scarcity of the economic goods is critically analysed within evolutionary-biological, social and specific market’s context. In the conclusion the analysis proposes an optional answer for its specific presence in the neoclassical economics as well as for the absence of any institutional projection in the analysis of the same theoretical doctrine.

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Publisher Info
Article provided by Bulgarian Academy of Sciences - Institute of Economics in its journal Economic Thought.

Volume (Year): (2006)
Issue (Month): 7 ()
Pages: 109-120
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Handle: RePEc:bas:econth:y:2006:i:7:p:109-120

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Find related papers by JEL classification:
B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations

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This page was last updated on 2009-12-31.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.