Showing 1 - 10 of 22
The main goal of this essay is to analyze the emergence of a barter economy, and the rise of centralized merchants and … a barter redistribution system out of a primitive barter system. The environment is a spatial general equilibrium model … advanced barter system leading to the appearance of centralized merchants. This more sophisticated system is the redistribution …
Persistent link: https://www.econbiz.de/10005076840
We describe a multiproduct barter trading experiment in which students exchange real goods in an open market based on … role of money and its functions in real economies by showing the limitations and inefficiencies of the traditional barter …
Persistent link: https://www.econbiz.de/10005125577
This paper provides a comprehensive literature review of the use of non- monetary transactions (barter, debt offsets …-monetary transactions as a survival mechanism that oils the gears of the market. The latter asserts that barter is a symptom of a system by … which the value added firms (such as Gasprom) subsidize the value destroying firms (the 'white elephants'). Barter allows …
Persistent link: https://www.econbiz.de/10005407675
Using a macroeconometric framework, this paper analyses relationships among money, barter and inflation in Russia … during the transition period. Following the development of a theoretical framework that introduces barter in a standard small … findings suggest that barter has resulted partly from output losses and partly from a reduction in real money balances, but to …
Persistent link: https://www.econbiz.de/10005412642
emergence of a monetary economy out of a redistribution barter system where goods are sent to a central market and then … redistributed among individuals. We show that, as the population increases beyond a certain point, the barter exchange system …
Persistent link: https://www.econbiz.de/10005561199
This note describes an experiment, which is an extension of the experiment proposed by Levy and Bergen (1993). The experiment is designed to simulate an environment where something that is very similar to fiat money (i.e., is homogenous, durable, portable, storable, divisible, has no intrinsic...
Persistent link: https://www.econbiz.de/10005119382
The purpose of this article is to propose a typology of the economic behaviour of French industrial companies in 1993 based on a sample of more than 7,000 companies participating in the Balance Sheet Data Centre of the Banque de France. The objective is therefore to explain how productivity and...
Persistent link: https://www.econbiz.de/10005076870
, Networks, Strategy, Banking. …
Persistent link: https://www.econbiz.de/10005134418
After explaining why business executives and academics should consider thinking about a rigorous approach to e-business models, we introduce a new e-Business Model Ontology. Using the concept of business models can help companies understand, communicate and share, change, measure, simulate and...
Persistent link: https://www.econbiz.de/10005134455
corporate entrepreneurship. They examined the effect of a firm’s strategy, organisation and external environment. It appears …
Persistent link: https://www.econbiz.de/10005134457