The irresistible charm of the Microfoundations, or the overwhelming force of the discipline's Hard Core?
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References listed on IDEAS
- Nabil Al-Najjar & Sandeep Baliga & David Besanko, 2008. "Market forces meet behavioral biases: cost misallocation and irrational pricing," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 214-237.
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Keywordsmicrofoundations; hard core; utility maximization; profit maximization; methodological individualism; fallacy of composition; unity of science; professionalization of economics;
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-28 (All new papers)
- NEP-HME-2013-07-28 (Heterodox Microeconomics)
- NEP-HPE-2013-07-28 (History & Philosophy of Economics)
- NEP-PKE-2013-07-28 (Post Keynesian Economics)
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