Showing 1 - 10 of 26
This book argues that the shift in general equilibrium theory, from its early long-period to the modern very-short-period versions, has had very important consequences which are insufficiently appreciated by large parts of the economics profession. This shift has produced new difficulties, and...
Persistent link: https://www.econbiz.de/10014474029
The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics
Persistent link: https://www.econbiz.de/10011852051
Foresight has emerged as a key instrument for the development and implementation of research and innovation policy. The main focus of activity has been at the national level. Governments have sought to set priorities, to build networks between science and industry and, in some cases, to change...
Persistent link: https://www.econbiz.de/10014473802
This major volume develops a rigorous equilibrium-free political economy based on labour values. Rooted in a non-dualistic approach restoring money to its central role in a commodity economy, Marx and Non-Equilibrium Economics is the fruit of extensive international collaboration reflecting a...
Persistent link: https://www.econbiz.de/10014473902
This important new book enhances our understanding of the dynamic interactions between economic activity, economic growth, pollution abatement and environmental policy. It addresses one main policy problem: how can the direct and indirect costs of environmental policy for multiple pollutants be...
Persistent link: https://www.econbiz.de/10014474004
Exposed to powerful new economic forces, and undergoing dramatic ownership reforms and technological changes, China's industries are modernizing at a breakneck pace. In many industries, the outcomes have been chaotic and poorly aligned with societal objectives. This book analyses the...
Persistent link: https://www.econbiz.de/10014474008
The central purpose of this book is to analyse the optimal allocation of local public goods or services (for example … garbage collection, police, fire brigades and medical services) in large urban agglomerations and the allocation consequences … jurisdictions and the impact this probable increase in competition may have on the achievement of the optimal allocation of local …
Persistent link: https://www.econbiz.de/10011851526
Since their first emergence in the work of Paul David thirty years ago, the dual issues of Path Dependence and Lock-In have become critically important subjects in the fields of economics, sociology, and business strategy. Theoretical and public policy debates on these issues have arisen,...
Persistent link: https://www.econbiz.de/10011852185
Persistent link: https://www.econbiz.de/10011851401
This book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as general equilibrium theory, decision theory, game theory, experimental economics, evolutionary theory of the firm, financial markets and the history of economic thought
Persistent link: https://www.econbiz.de/10011851754