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The purpose of this paper is to provide an explanation for the way the reality in the world of finance comes to be … formed, among other things, by the theory of finance. It is based on the idea that financial behavior is not independent of … the theory of finance. The paper, therefore, examines certain aspects of the academic field of finance. That is, it …
Persistent link: https://www.econbiz.de/10008513360
Purpose – This paper aims to tackle in turn the merits and limits of Nicholas Georgescu-Roegen's entropic model, as well as its implications for the methodological discourse in economics. This appraisal of the Georgescu-Roegen's work emphasizes the emergence of the entropic nature of the...
Persistent link: https://www.econbiz.de/10004977807
Exchange-based societies widely disperse their day-to-day decisions among their members and components. They arrange pluralistic social processes by means of economic exchange. In such societies, the fundamental dynamic of exchange should be a central consideration of any social welfare...
Persistent link: https://www.econbiz.de/10008676538
Purpose – The purpose of this paper is to assess Marx's enduring significance in the center of his thought, the first volume of Capital. In Capital and related writings, Marx systematically works out his theory of value. Although Marx's value theory has been widely thought to be internally...
Persistent link: https://www.econbiz.de/10008676542
Purpose – The purpose of this paper is to reveal some basic characteristics in social and economic process, and lay the analytic foundation for advance-retreat course (ARC). Design/methodology/approach – The paper presents the analytic model of stochastic ARC (SARC), which is based on the...
Persistent link: https://www.econbiz.de/10009131047
Exchange‐based societies widely disperse their day‐to‐day decisions among their members and components. They arrange pluralistic social processes by means of economic exchange. In such societies, the fundamental dynamic of exchange should be a central consideration of any social welfare...
Persistent link: https://www.econbiz.de/10014805232
Purpose – This paper aims to tackle in turn the merits and limits of Nicholas Georgescu‐Roegen's entropic model, as well as its implications for the methodological discourse in economics. This appraisal of the Georgescu‐Roegen's work emphasizes the emergence of the entropic nature of the...
Persistent link: https://www.econbiz.de/10014805522
Purpose – The purpose of this paper is to assess Marx's enduring significance in the center of his thought, the first volume of Capital . In Capital and related writings, Marx systematically works out his theory of value. Although Marx's value theory has been widely thought to be internally...
Persistent link: https://www.econbiz.de/10014805589
Purpose – The purpose of this paper is to reveal some basic characteristics in social and economic process, and lay the analytic foundation for advance‐retreat course (ARC). Design/methodology/approach – The paper presents the analytic model of stochastic ARC (SARC), which is based on the...
Persistent link: https://www.econbiz.de/10014805667
finance and notes that it is founded only on the functionalist paradigm. It argues that any view expressed with respect to the … finance to benefit from contributions coming from the other three paradigms, if it respects paradigm diversity. …
Persistent link: https://www.econbiz.de/10005081306