reflexivity
2 episodes mention this concept
NewEconomicThinkingJan 15, 2020When Economic Theory Fails the Real World: A Framework for Real Competition and Profitability
EconomicsNeoclassical economicsPerfect competitionImperfect competitionPolitical economy- NewEconomicThinkingDec 12, 2017
Challenging Economic Dogma: Imperfect Knowledge, Unpredictability, and the Failure of Stationary Models
EconomicsImperfect knowledgeRadical uncertaintyUnpredictability (intrinsic, instance, extrinsic)Distributional shifts / Location shifts
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