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We consider the combine use of environmental taxation and technological standards of abatement. While it is not necessary to regulate technology adoption under complete information, we show that the environmental agency has to impose a technological standard when monitoring emissions is costly...
Persistent link: https://www.econbiz.de/10005827738
In Inventing Value, Dave Elder-Vass (2022) argues that value is a set of beliefs about items that are strategically propagated to increase profits. The emphasis on value as a social process is particularly welcome, as this is the most fruitful direction for understanding worth. But the book...
Persistent link: https://www.econbiz.de/10014285389
Ecks is disappointed that Inventing Value (2022) does not develop a comprehensive, essentially ethical, theory of the value of things based in the materiality of human need. But this is not the objective of the book. Instead, the book seeks to examine how value, as we assess it in specifically...
Persistent link: https://www.econbiz.de/10014285390
This paper shows the relevance of Popper's Rationality Principle (RP) for the appraisal of the impressive mass work emerging, in recent years, in the fields of rationality, learning, evolutionary games and behavioral economic theory. In contradistinction to the well-known rigid criteria of the...
Persistent link: https://www.econbiz.de/10005817056
This paper suggests a model of the process through which a set of symbols, initially without any intrinsic meaning, acquires endogenously a conventional and socially shared meaning. This model has two related aspects. The first is the cognitive aspect, represented by the process through which...
Persistent link: https://www.econbiz.de/10005481622
Libre Software communities are among the most interesting and advanced socio-economic laboratories on the Net. In terms of directions of Regional Science research, this paper addresses a simple question: “Is the socio-economics of digital nets out of scope for Regional Science, or might the...
Persistent link: https://www.econbiz.de/10011318941
Persistent link: https://www.econbiz.de/10012631836
Economics is currently experiencing a climate of uncertainty regarding the soundness of its theoretical framework and even its status as a science. Much of the criticism is within the discipline, and emphasises the alleged failure of the neoclassical viewpoint. This article proposes the...
Persistent link: https://www.econbiz.de/10012156279
The purpose of this article is to analyze the relationship between the discipline of Behavioural Economics and the Neoclassical School. On the basis of the available literature, the paper aims to investigate if the two branches are totally opposite, or if the behavioural theories only extend and...
Persistent link: https://www.econbiz.de/10012017118
The homo oeconomicus model is an essential concept of the neoclassical analysis. It defines the agent capable of rational choices in pursuing the maximization of his own utility functions. Over time, the notion remained at the basis of many debates, related mainly to its relevance. However, the...
Persistent link: https://www.econbiz.de/10012017164