Investment decision and methodology: Keynes and neoclassical

The aim of this paper is, in analysing the investment decision, to show how methodological differences can determine differences in the theories and statements about economic events. Two views were chosen, Keynes and neoclassical, and theoretical and methodological comparisons were made. These allow...

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Autor principal:	Marco Crocco
Formato:	article
Lenguaje:	EN PT
Publicado:	Universidade de São Paulo 1998
Materias:	investment methodology Keynes and neoclassical Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/6c91294f71144199a9ae8a00eaac0c98
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spelling	oai:doaj.org-article:6c91294f71144199a9ae8a00eaac0c982021-11-24T16:08:23ZInvestment decision and methodology: Keynes and neoclassical0101-41611980-5357https://doaj.org/article/6c91294f71144199a9ae8a00eaac0c981998-06-01T00:00:00Zhttps://www.revistas.usp.br/ee/article/view/117060https://doaj.org/toc/0101-4161https://doaj.org/toc/1980-5357The aim of this paper is, in analysing the investment decision, to show how methodological differences can determine differences in the theories and statements about economic events. Two views were chosen, Keynes and neoclassical, and theoretical and methodological comparisons were made. These allowed the author to conclude that there is a direct relationship between the methodology used by each school of thought and its understanding of the investment process. The paper is structured in five sections. In the first two, the two investment theories are briefly presented. In section three, a theoretical comparison is made aiming to clarify the most important differences. In section four, it is shown that underlying the theoretical differences between the two schools of thought, there is a deeper methodological difference, in such a way that the latter determines the former. Finally, some conclusions are drawn, showing how the methodological differences dictate the theoretical statements. Marco CroccoUniversidade de São PauloarticleinvestmentmethodologyKeynes and neoclassicalEconomics as a scienceHB71-74ENPTEstudos Econômicos, Vol 28, Iss 2 (1998)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	investment methodology Keynes and neoclassical Economics as a science HB71-74
spellingShingle	investment methodology Keynes and neoclassical Economics as a science HB71-74 Marco Crocco Investment decision and methodology: Keynes and neoclassical
description	The aim of this paper is, in analysing the investment decision, to show how methodological differences can determine differences in the theories and statements about economic events. Two views were chosen, Keynes and neoclassical, and theoretical and methodological comparisons were made. These allowed the author to conclude that there is a direct relationship between the methodology used by each school of thought and its understanding of the investment process. The paper is structured in five sections. In the first two, the two investment theories are briefly presented. In section three, a theoretical comparison is made aiming to clarify the most important differences. In section four, it is shown that underlying the theoretical differences between the two schools of thought, there is a deeper methodological difference, in such a way that the latter determines the former. Finally, some conclusions are drawn, showing how the methodological differences dictate the theoretical statements.
format	article
author	Marco Crocco
author_facet	Marco Crocco
author_sort	Marco Crocco
title	Investment decision and methodology: Keynes and neoclassical
title_short	Investment decision and methodology: Keynes and neoclassical
title_full	Investment decision and methodology: Keynes and neoclassical
title_fullStr	Investment decision and methodology: Keynes and neoclassical
title_full_unstemmed	Investment decision and methodology: Keynes and neoclassical
title_sort	investment decision and methodology: keynes and neoclassical
publisher	Universidade de São Paulo
publishDate	1998
url	https://doaj.org/article/6c91294f71144199a9ae8a00eaac0c98
work_keys_str_mv	AT marcocrocco investmentdecisionandmethodologykeynesandneoclassical
_version_	1718414816044908544

Investment decision and methodology: Keynes and neoclassical

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