Research ArticleOpen accessEvery word in the titleIrrationality in the Neoclassical Definition of RationalitySteve KeenIn this study we are not arguing that competition as it actually occurs in practice is not socially beneficial. Our criticism is directed instead at the false belief that rational profit-maximizing behavior and competition as defined by neoclassical economic theory will lead to a welfare-maximizing outcome-again, as defined by neoclassical theory. …American Journal of Applied Sciences, Vol. 2, Issue 13 · 18 Dec 2005 · 8,302 accessesView PDFCite
Research ArticleOpen accessIn the abstractA Metaheuristic-Optimized Feature Selection for Early-Stage Diabetes Prediction With SHAP-Guided Insight into Influential AttributesEsmay Azam Rochy, Jannatul Ferdaus, Uzzal Biswas et al.Diabetes is a metabolic disorder that causes elevated blood glucose. This long-term health condition can lead to cardiovascular diseases, stroke, kidney failure, visual impairment, neuropathy, and even death in critical cases. So, a Computer-Aided Diagnostic (CAD) system is necessary to diagnose diabetes automatically. A clinician can utilize a machine learning-based CAD system that automatically diagnoses many people. This paper will … …Journal of Computer Science, Vol. 22, Issue 2 · 24 Feb 2026 · 1,736 accessesView PDFCite
Research ArticleOpen accessIn the abstractWhy the Dogs of the Dow Bark Loudly in ChinaCarol Wang, James E. Larsen, Fall M. Ainina et al.Problem statement: The Dogs of the Dow (Dow Dogs) strategy, which has gained widespread popularity in the U.S., is found to be considerably successful in China’s stock markets. This trading strategy contradicts the well-established efficient market hypothesis. Approach: This study examines the cross-sectional variations in the magnitude of the predictive power of the Dow Dogs strategy using Chinese stocks for … …American Journal of Economics and Business Administration, Vol. 3, Issue 3 · 4 Nov 2011 · 8,019 accessesView PDFCite
Research ArticleOpen accessIn the abstractPrice-Taking in General EquilibriumMurray C. KempThe Arrow-Debreu and McKenzie existence propositions of 1954 rest on the assumption of price-taking behaviour by households and firms. No attempt was made to justify the assumption or to relate it to other assumptions. It is here suggested that, given other assumptions common to the Arrow-Debreu and McKenzie models, price-taking implies that each household is incompletely informed and/or incompletely rational. … …American Journal of Applied Sciences, Vol. 2, Issue 13 · 22 Dec 2005 · 7,717 accessesView PDFCite