Dimitrios Nomidis

Athens University of Economics and Business

Senior Researcher

76 Patission Street

Athens, 104 34

Greece

National Technical University of Athens

Zografou Campus

Athens

Greece

SCHOLARLY PAPERS

17

DOWNLOADS

4,109

TOTAL CITATIONS

29

Ideas:
“  Research on the Fundamentals of Microeconomic and Macroeconomic Theory. I am currently working on the Market Equilibrium and General Economic Equilibrium, the evolution of economics from Classicals to Neoclassicals and modern mainstream economics, and the general revision of the conventional Microeconomic theory.  ”

Scholarly Papers (17)

1.

The Tragic Mistakes of the Economic Theory Still Being Taught in Universities

Number of pages: 16 Posted: 03 Apr 2019 Last Revised: 19 Oct 2021
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 677 (80,339)
Citation 2

Abstract:

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mistakes of the neoclassical theory, number of firms, price taking, individual demand curves for the firms, profit maximization, supply curve, price determination, equilibrium at firm and at market level, monopolistic nature of perfect competition, social welfare

2.

A Revision of the Theory of Perfect Competition and of Value

Number of pages: 58 Posted: 25 Nov 2016 Last Revised: 19 Oct 2021
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 668 (81,736)
Citation 2

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individual demand curves for the firms, number of firms in perfect competition, price determination, equilibrium at firm and at market level, aggregate industry profit maximization, monopolistic nature of perfect competition, social welfare, reformation of the mainstream theory

3.

The Fallacy of the Perfect Competition Theory

Number of pages: 25 Posted: 25 Feb 2016
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 462
Citation 6

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revision of theories of value, perfect competition and social welfare, sloped instead of horizontal individual demand curves for the firms, monopolistic nature of perfect competition

4.

The Mistakes of the Marginal Productivity Theory of Income Distribution

Number of pages: 19 Posted: 20 Jun 2018
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 414 (147,136)
Citation 3

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distribution of income, factors of production, marginal product, product exhaustion theorem, perfect competition, minimum cost, expansion path, production function, holistic equilibrium

5.

The Mathematical Mistakes of Neoclassical Theory and its Reformation

Number of pages: 58 Posted: 29 Sep 2020 Last Revised: 19 Oct 2021
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 366 (169,061)
Citation 1

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individual demand curves for the firms, price determination, equilibrium at firm and at market level, aggregate industry profit maximization, number of firms in perfect competition, supply curve, monopolistic nature of perfect competition, social welfare, Pareto efficiency

6.

A Reconsideration of the Theory of Perfect Competition

Number of pages: 24 Posted: 18 Apr 2015 Last Revised: 31 Mar 2016
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 325
Citation 7

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non-perfectly elastic demand, price determination, equilibrium at firm and at market level, integrated industry profit maximization, social welfare deviations

7.

Labor Market: Monopolistic Exploitation by Firms and Employees

Number of pages: 16 Posted: 28 Apr 2015 Last Revised: 29 Jun 2015
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 274 (229,989)
Citation 5

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MRP labor demand, monopolistic-type exploitation of labor, labor share in product, total labor revenue maximization, labor unions, unemployment, social welfare disturbance

8.

Revisiting Cournot and Neoclassical Economics (open access)

History of Economics Review; tandfonline.com/10.1080/10370196.2022.2149130
Number of pages: 1 Posted: 27 Dec 2021 Last Revised: 18 Jan 2023
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 208 (301,076)

Abstract:

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price taking and horizontal demand curve for the firm, number of firms in perfect competition, price and cost higher than minimum cost, implications on social welfare

9.

The Disproof of Neoclassical Theory by Means of Its Own Means

Number of pages: 10 Posted: 18 Dec 2020
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 190 (327,419)

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mistakes in equilibrium at market level, aggregate industry profit maximization, number of firms in perfect competition, supply curve, monopolistic nature of perfect competition, social welfare

10.

Revisiting Cournot and Neoclassical Economics (2nd part)

Number of pages: 20 Posted: 19 Jun 2023 Last Revised: 21 Jun 2023
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 117 (488,764)
Citation 2

Abstract:

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Number of firms in perfect competition, price taking and horizontal demand curve for the firm, price and cost higher than minimum cost, inconsistencies in Neoclassical theory

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λάθη της νεοκλασικής θεωρίας, ατομικές καμπύλες ζήτησης των επιχειρήσεων, μεγιστοποίηση κέρδους, καμπύλη προσφοράς, προσδιορισμός τιμής, ισορροπία σε επίπεδο επιχείρησης και σε επίπεδο αγοράς, μονοπωλιακός χαρακτήρας του τέλειου ανταγωνισμού, κοινωνική ευημερία

12.

A New Approach for the General Equilibrium Analysis. Increase of the Production and Employment with Monetary and Fiscal Boosts

Number of pages: 28 Posted: 29 May 2014 Last Revised: 31 Jul 2014
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 72 (664,554)
Citation 1

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general equilibrium, multiple equation models, time series of intertemporary equilibria, production, employment, prices, money neutrality, monetary and fiscal interventions and policies

13.
Downloads 59 (734,000)

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λάθη θεωρίας στην ισορροπία στο επίπεδο αγοράς, μεγιστοποίηση του κέρδους επιχειρήσεων αθροιστικά, αριθμός επιχειρήσεων στον τέλειο ανταγωνισμό, καμπύλη προσφοράς, μονοπωλιακή φύση του τέλειου ανταγωνισμού, κοινωνική ευημερία

14.

A Fundamental Reformation of Neoclassical Economics

Number of pages: 45 Posted: 15 Jun 2020
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 56 (752,375)

Abstract:

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individual demand curves for the firms, price determination, equilibrium at firm and at market level, aggregate industry profit maximization, monopolistic nature of perfect competition, social welfare, revision of the mainstream theory

15.

Reply to Serrano’s Criticism on 'Revisiting Cournot and Neoclassical Economics'

Number of pages: 13 Posted: 30 Nov 2023 Last Revised: 02 Dec 2023
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 46 (820,497)

Abstract:

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Number of firms in perfect competition, price taking and horizontal demand curve for the firm, price and cost higher than minimum cost, inconsistencies in Neoclassical theory

16.

The Errors of Neoclassical Economics from a Misinterpretation of Cournot

Presentation at the International Conference on Applied Economics, Pennsylvania State University
Number of pages: 5 Posted: 27 Sep 2024
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 31 (948,750)

Abstract:

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price taking and horizontal demand curve for the firm, number of firms in perfect competition, price and cost higher than minimum cost, negative impacts on social welfare

17.

Επανεξετάζοντας τον Cournot και τη Νεοκλασική Θεωρία (2ο μέρος) (Revesiting Cournot and Neoclassical Economics (2nd part))

Number of pages: 21 Posted: 29 Jun 2023 Last Revised: 10 Jul 2023
Dimitrios Nomidis
Athens University of Economics and Business
Downloads 28 (979,249)

Abstract:

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Number of firms in perfect competition, price taking and horizontal demand curve for the firm, price and cost higher than minimum cost, inconsistencies in Neoclassical theory