Titlebook: Rediscovering Social Economics; Beyond the Neoclassi Roger D. Johnson Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 pluton

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Challenges to Homo Economicusarios where individuals had to anticipate the response of others but also raised profound questions about generating the rules of the game. Modern Behavioralists have expanded on this by directly questioning the foundational Neoclassical tenets of rational, autonomous, self-interested behavior.

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Understanding Marketso rather than accepting the type of pragmatic, bounded determinacy suggested by Smith and modern statistical analysis. When reality unavoidably fails to match this theoretical ideal, the innate tendency is to advocate policies and legal parameters that impose the requisite perfectly competitive beha

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Labor Market Equilibrium? for perfect competition are satisfied in both product and input markets. Absent these ideal conditions, normal profit-maximizing behavior leads firms to undercompensate workers unless they consciously pursue alternative strategies such as profit satisficing or other normative-based strategies. Most

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Financial Markets and the Growth of Plutonomiesleaked out of CITI group that caricatures the United States, United Kingdom and Canada as plutonomies. The top 1% in these and other countries seem to be acculturated to take on more risk via increasingly complex financial assets that obviate individual risk exposure. The unavoidable systemic risk,

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The Evolving Dialoguetanding and addressing the most crucial issues facing modern society. Its behavioral and embedded but unacknowledged moral assumptions have helped to create an unrealistic understanding of human society and frequently fostered counterproductive?policy prescriptions. Fortunately, a new generation of

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2662-396X ons underpinning labor and financial markets.Provides a fresThis book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approachin

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