One of the principal problems en route to a fusion reactor is that of insufficient plasma confinement, which has lead to both theoretical and experimental research into transport processes in the parameter range relevant for fusion energy production. The neoclassical theory of tokamak transport is well-established unlike the theory of turbulence driven anomalous transport in which extensive pro...

The relationship between Austrian economics and behavioral economics is a complex and multifaceted one. On the one hand, behavioral economics rejects the positive claims of modern, standard neoclassical economics and yet accepts its normative standards. Thus behavioral economics is itself a hybrid; it is part psychological economics and part neoclassical economics. Furthermore, many behavioral ...

Is ecological economics mainly a natural science or a social science? Ecologists may start from a natural science perspective emphasizing positivism and value-neutrality as their theory of science. When looking for similarly inclined scholars in the social sciences they will find friends among neoclassical economists. But theory of science is not limited to positivism and economics is much more...

The major thesis of this article is that combining the resource-based theory of the firm with Austrian economics and heterogeneous demand theory provides the foundations for a new theory ofcompetition, the resource-ativantage theory. This new theory has macro and public policy implications. Specifically, when compared with neoclassical perfect competition theory. the resource-advantage theory b...

This study advances, and experimentally tests, a new explanation for the disparity between willingness to pay (WTP) and willingness to accept (WTA)—a dynamic neoclassical theory based on the presence of commitment costs. While to date neoclassical models have not explained the observed data patterns well, we find that the commitment cost theory is able to explain adequately the causes and sever...

Neoclassical transport theory is developed in a Lagrangian rather than the usual Eulerian formulation. We show that an underlying asymmetry exists in the neoclassical pinch and bootstrap effects and demonstrate the physical basis of the Onsagesymmetry relationship in the pinch-bootstrap duality. It is suggested that low frequency turbulence can destroy the bootstrap current at levels too low to...

It has recently been reported that ion thermal transport levels in enhanced confinement tokamak plasmas have been observed to fall below the "irreducible minimum level" predicted by standard neoclassical theory. This apparent contradiction is resolved in the present analysis by relaxing the basic neoclassical assumption that the ions orbital excursions are much smaller than the local toroidal m...

Ripples in magnetic or electrostatic confinement fields give rise to trapping separatrices, and the conventional neoclassical helical ripple transport describes phenomena coming from the collisional trapping/detrapping of particles in the helical ripple wells. Our experiments and novel theory have now characterized a new kind of neoclassical transport processes arising from chaotic (collisionle...

We find that survey evidence on faculty pay-cycle choice strongly contradicts the neoclassical theory of consumer behavior. It is more favorable to the behavioral life-cycle theory of Shefrin and Thaler (1988). JEL: D12