Challenges of Neoclassicism

Neoclassicism in the industrial context.

The Enlightenment thinkers of the 18th century set out to create a framework for a rational view of the world. Their reference point was Isaac Newton (1 ). They were convinced that everything could be explained scientifically and were not shy of broad generalizations: In particular, they believed, in analogy to Newtonian physics, that there existed laws that governed society (2, 3 ). The Enligh...

Conditional Probative Value: Neoclassicism without Myth

Challenges of PTH Assays

Parathyroid hormone (PTH) plays a vital role in regulating of blood Calcium. In addition, it regulates the amount of phosphate and vitamin D in the blood. PTH is a polypeptide hormone that found in the blood circulation as peptides with different amino acid counts. The active form of the PTH which has biological activity, contains 84 amino acids, but under the influence of proteolytic enzymes...

International Challenges of Smart Cities

The world’s urban population is expected to be proliferated due to raised use of energy, increased air pollution, increasing traffic in urban areas, increasing usage of food, and reduced food production. There are numerous available solutions in this field, but achieving smart cities is one the furthermost effective ways. Smart city has improved ICT infrastructure as a versatile, reliable, chan...

Physiological utility theory and the neuroeconomics of choice

Over the past half century economists have responded to the challenges of Allais [Econometrica (1953) 53], Ellsberg [Quart. J. Econ. (1961) 643] and others raised to neoclassicism either by bounding the reach of economic theory or by turning to descriptive approaches. While both of these strategies have been enormously fruitful, neither has provided a clear programmatic approach that aspires to...