Mirjalili, Seyed hossein (2004): تفاوت های روش شناختی میان اقتصاد نئوکلاسیک و اقتصاد نهادی. Published in: Journal of Humanities , Vol. 8, No. 6 (16 November 2004): pp. 7-19.
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Abstract
Debates over methodology have long played a central role in distinguishing schools of thought in economics, shaping not only the questions that are asked but also the ways in which theories are constructed and tested. This article examines the major methodological differences between neoclassical economics and institutional economics. First, institutional economists seek to construct theoretical models, whereas neoclassical economists focus on developing predictive models (hypotheses). Second, institutional economists ground their analysis in institutions, while neoclassical economists employ the consumer or the firm as the basic unit of analysis. Third, institutional economics draws on psychological and behaviorist approaches, in contrast to the methodological individualism of neoclassical economics. Finally, institutional economists emphasize structural evidence, whereas neoclassical economists rely primarily on predictive evidence. These contrasts reveal how divergent methodological commitments shape the scope, tools, and explanatory power of each tradition.
Item Type: | MPRA Paper |
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Original Title: | تفاوت های روش شناختی میان اقتصاد نئوکلاسیک و اقتصاد نهادی |
English Title: | Competing Methodologies: Neoclassical versus Institutional Economics |
Language: | Persian |
Keywords: | Economic Methodology, Neoclassical Economics, Institutional Economics. |
Subjects: | B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B13 - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Stockholm School) B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B25 - Historical ; Institutional ; Evolutionary ; Austrian |
Item ID: | 125869 |
Depositing User: | Prof. seyed hossein mirjalili |
Date Deposited: | 22 Aug 2025 13:00 |
Last Modified: | 22 Aug 2025 13:00 |
References: | -William Dugger,” Methodological differences between Institutional and Neoclassical Economics”, in: Daniel Hausman, The Philosophy of Economics, 2nd edition, Cambridge University Press, 1995. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/125869 |