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The New Microeconomics: A Psychological, Institutional, and Evolutionary Paradigm with Neoclassical Economics as a Special Case
The American Journal of Economics and Sociology ( IF 1.103 ) Pub Date : 2019-01-01 , DOI: 10.1111/ajes.12260
Brendan Markey‐Towler

Microeconomics requires a new grounding or formulation that can account for a broader range of socioeconomic behavior than neoclassical economics does. The core of the neoclassical economics research program—the theory of rational choice—has offered insights into the determination of socioeconomic behavior. But other elements need to be integrated into a coherent microeconomic perspective. We introduce such a perspective in which neoclassical economics becomes a special case. This advances our understanding of the determinants of behavior in a coherent and integrated manner. This perspective may form the foundation of an evolutionary and institutional perspective on socioeconomic systems. This has practical value in designing strategy and policy.

中文翻译:

新微观经济学:一种以新古典经济学为特例的心理学,制度和进化范式

微观经济学需要一种新的基础或表述,它可以比新古典经济学解释更广泛的社会经济行为。新古典经济学研究计划的核心-理性选择理论-为确定社会经济行为提供了见识。但是需要将其他要素纳入一致的微观经济学观点。我们介绍了一种新古典经济学成为特例的观点。这以连贯和综合的方式增进了我们对行为决定因素的理解。这种观点可能构成对社会经济系统的进化和制度观点的基础。这在设计策略和政策时具有实用价值。
更新日期:2019-01-01
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