Research in the field of "Digital Economics" has widely neglected the dynamics of changes in preference and demand due to the exploding quantification of human life. This paper examines reactions to the rapidly expanding digital measurement of individual and societal factors. The reactions...

Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...

Four types of economicsʺ relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...

The goal of the rich countries should be to aid the poor countries to increase their standard of living but not to increase their holding of weapons. It is shown that a basic conflict of goals arises. The structure of "consumption" of the recipient countries cannot be influenced by giving the...

Empirische Beobachtungen zeigen, daß der Staat die wirtschaftliche Aktivität oft nicht stabilisiert, sondern im Gegenteil zusätzliche Schwankungen erzeugt. Politische Konjunkturzyklen entstehen insbesondere beim Versuch der Regierungen, zum Wahlzeitpunkt eine günstige Wirtschaftslage...