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For much of the twentieth century, mainstream economists have treated human agents in their models as if they were rational beings of unbounded computational capacity - the notorious 'Homo Economicus' of much economic theory. However, the patent inadequacies of this understanding of human nature...
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Neoclassical theoretical approaches dominate modern health economics. However, the peculiarities of healthcare provision are so unusual that neoclassical theory is especially unsuited to the area. Even mainstream health economists often abandon Paretian welfare considerations to focus on needs...
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Contents: Part I -- Introduction -- 1: Institutions and evolution of capitalism in Geoff Hodgson's work / Francesca Gagliardi and David Gindis -- Part II: Foundations -- 2: Geoff hodgson on pluralism and historical specificity / Sheila C. Dow -- 3: Mathematical modelling in economics: Seeking a...
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