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This paper extends various arguments in the recent historical literature on Soviet mathematical economics during the Cold War. It will examine some of the tensions associated with the attempt to blend Walrasian economics and Soviet planning. The main argument is that the two literatures crossed...
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This research purposes, a new area of research in economics, it is called Chemistreconomics. Chemistreconomics is using models and experiments from chemistry in economics. This new research field in economics can help to understand complex and dynamic economic phenomena from a Chemistry point of...
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Economic Reform 1991 is all about three major terms Liberalisation, Privatisation, and Globalisation where Liberalisation means making a country liberal and removing barriers from trade, Globalisation implies integrating the country with the global market, Privatisation reflects a kind of...
Persistent link: https://www.econbiz.de/10014242590
This case study, intended as a teaching exercise, highlights the problems of contracting in a world of great uncertainty. Streetwatch is a startup company seeking financing, and the CEO has received two offers for investment, each with its own advantages and disadvantages. The case highlights...
Persistent link: https://www.econbiz.de/10014085078
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
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