Showing 1 - 10 of 17
The coexistence of a predominantly poor opinion of free markets and lack of education in economics are two documented features of France. In this paper, we use data collected through an Internet-based survey conducted in December 2009 in order to test whether this situation is more than a mere...
Persistent link: https://www.econbiz.de/10009190200
We worked out a scale of economic reasoning skills with a macroeconomic and economic policy orientation. The test was administered via Internet in December 2009, and led to collection of 1542 complete questionnaires. The average rate of correct answers is relatively high, to 71%. The...
Persistent link: https://www.econbiz.de/10008480962
Economic profit is produced by entrepreneurs, those special individuals able to detect and seize as yet unexploited market opportunities. In general capitalist firms manage to deliver positive profits even in the most competitive environments. They can do so thanks to internal entrepreneurs, a...
Persistent link: https://www.econbiz.de/10010832985
This paper questions whether the contemporary science of economics and its recommendations are built on sound moral foundations as assessed from a virtue-based definition of ethical behaviour. We argue that the model of man underlying economic analyses can correspond to the model of a virtuous...
Persistent link: https://www.econbiz.de/10005057424
In general, capitalist countries display sustained growth, dynamism and innovation, and a high adaptability in response to external shocks. Yet in the last twenty years discontent over the notorious drawbacks of capitalism – corporate frauds, corruption, abuses of market power – has grown...
Persistent link: https://www.econbiz.de/10005021659
This paper investigates the production of research in business and economics. A scholar's income is positively related … to the quantity and quality of research. In turn, the quality of a paper depends on the scholar's human capital and the … external production of research. The individual scholar is subject to a trade-off between writing more papers or reading in …
Persistent link: https://www.econbiz.de/10005021679
One of the drivers of university reforms in Europe over the last decade has been the need for a better harmonization of degrees and pedagogical systems. Launched by governments with a clear political objective – improve the competitiveness of Europe on a world scale – the European...
Persistent link: https://www.econbiz.de/10005030171
realized by leading research institutions and a fall in the expected compensation of top researchers. …
Persistent link: https://www.econbiz.de/10005021669
This paper analyzes the production of fundamental research as a coordination game played by scholars. In the model …, scholars decide to adopt a new idea only if they believe that a critical mass of peers is following a similar research strategy … game presents a single threshold equilibrium. In this environment, fundamental research proceeds with large structural …
Persistent link: https://www.econbiz.de/10011185949
This paper provides a dynamic analysis of the market for academic publications. Given imperfect information about journals’editorial line, authors can sometimes target a wrong journal; in turn, the editor will desk-reject their paper. An equilibrium is de…ned as a situation where both...
Persistent link: https://www.econbiz.de/10009190201