Search Results - economics

Behavioral Welfare Economics and Risk Preferences: A Bayesian Approach

Gao, Xiaoxue Sherry; Harrison, Glenn; Tchernis, Rusty - 2020

economics to evaluate observed choices that involve risk. Bayesian estimation provides more systematic control of the use of …

Persistent link: https://www.econbiz.de/10012270258

Knowledge heterogenization of the franchising literature applying transaction cost economics

Tsai, Fu-Sheng; Kuo, Chin-Chiung; Lin, Julia L. - In: Economies 8 (2020) 4, pp. 1-27

Transaction Cost Economics is one of the most critical theories for business studies, including Franchise research …) of literature in the social science domain. Focused on the Transaction Cost Economics application in Franchising research … that intersects Economics and Business areas, knowledge heterogenization is found and demonstrated in the following aspects …

Persistent link: https://www.econbiz.de/10013199735

Risk and financial management of COVID-19 in business, economics and finance

Chang, Chia-Lin; McAleer, Michael; Wong, Wing Keung - In: Journal of Risk and Financial Management 13 (2020) 5, pp. 1-5

Business, Economics and Finance". This Special Issue will attract practical, state-of-the-art applications of mathematics …

Persistent link: https://www.econbiz.de/10012611331

Modern optimization and simulation methods in managerial and business economics: A review

Calvet, Laura; de la Torre, Rocio; Goyal, Anita; … - In: Administrative Sciences 10 (2020) 3, pp. 1-23

Managerial and Business Economics (ME/BE) aims at using quantitative and computational methods to make an efficient …

Persistent link: https://www.econbiz.de/10012612177

Economics of digital ecosystems

Barykin, Sergey Yevgenievich; Kapustina, Irina Vasilievna; … - In: Journal of Open Innovation: Technology, Market, and … 6 (2020) 4, pp. 1-16

This paper examines a new approach to defining digital ecosystems. Within the digital economy of ecosystems, competition is eliminated, and organizations form unions and alliances in order to work together and cooperate to reach a set goal. This means a digital ecosystem can be viewed as a...

Persistent link: https://www.econbiz.de/10012620433

Is economics an experimental science? A textbook perspective

Gunessee, Saileshsingh; Lane, Tom - 2020

Traditionally, students of economics have often been told that it is a non-experimental science. Using a quantitative … and qualitative analysis of introductory economics textbooks, we track the historical evolution of this rhetoric from 1970 … experimentation in economics. Remarks that experiments are impossible in economics have been (almost) eliminated only this decade …

Persistent link: https://www.econbiz.de/10012705272

Learning-by-Erring : Towards a New View of Rationality in Economics

Matziorinis, Kenneth N. - 2020

The cornerstone of mainstream economic theory is the premise of rationality. Humans are assumed to be rational economic agents who, subject to the available information and limited resources, are able to select, among a set of alternatives, the best means to maximize their ends and their...

Persistent link: https://www.econbiz.de/10012837991

Teaching Economics with Breaking Bad

Muchiri, Steve - 2020

Breaking Bad is currently ranked fifth by the Internet Movie Database's (IMDB) Top 250 television shows based on user rankings and second among 100 shows reviewed by The Hollywood Reporter. Despise the series ending in 2013, Al-Bahrani et al. (2016) find that current students still rank the show...

Persistent link: https://www.econbiz.de/10012843069

Transaction Cost Economics in the Digital Economy : A Research Agenda

Nagle, Frank - 2020

Transaction Cost Economics (TCE) theory has played an important role in understanding when it is more efficient for a …

Persistent link: https://www.econbiz.de/10012827140

Teaching Economics Using NBC's Parks and Recreation

Wooten, Jadrian - 2020

We introduce the website, economicsofparksandrec.com, to showcase economics clips associated with the hit NBC show …

Persistent link: https://www.econbiz.de/10012854034