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Frictionless economy and its implementation in real world
Yang, Yu - Volkswirtschaftliche Fakultät, … - 2011
Frictionless economy is the new concept emerged from late 90s1. Its core idea is to remove the time both suppliers and customers spend on the trial and error on the price. So the markets always perform on the equilibriums. So markets can work in the perfect efficiency. But due to the various...
Persistent link: https://www.econbiz.de/10009353526
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Monetary Policies and Nigerian Economy:Simulations from Dynamic Stochastic General Equilibrium(DSGE)Model
Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2012
basic thrust of this paper is to evaluate monetary policy - tradeoffs using a dynamic stochastic general equilibrium …
Persistent link: https://www.econbiz.de/10011108535
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Psychohistory Paradox and Introduction to Quantum Social Science
Wayne, James J. - Volkswirtschaftliche Fakultät, … - 2014
Why would social science need the help from quantum mechanics? First, there are many unanswerable questions in social science. Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of finance or economics....
Persistent link: https://www.econbiz.de/10011111388
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Human Behavior Paradox and a Social Science Interpretation of Quantum Mechanics
Wayne, James J. - Volkswirtschaftliche Fakultät, … - 2014
Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of either finance or economics. This paper shows in details that these questions are also not answerable in the existing framework of modern physics. In...
Persistent link: https://www.econbiz.de/10011113488
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The existence of equilibrium without fixed-point arguments
Maćkowiak, Piotr - Volkswirtschaftliche Fakultät, … - 2010
This paper gives a proof of the existence of general equilibrium without the use of a fixed point theorem. Unlike other … results of this type, the conditions we use do not imply that the set of equilibrium prices is convex. We use an assumption on …-related condition and some other standard conditions. We also provide an algorithm for finding equilibrium prices. …
Persistent link: https://www.econbiz.de/10011258868
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Walras’s law of markets as special case of the general Triangle Theorem: a laconic proof
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2013
recourse to demand and supply functions or the notion of equilibrium. …
Persistent link: https://www.econbiz.de/10011259188
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How to Reap the Induced Technological Bonus? A Mechanism and Illustrative Implementation
Das, Gouranga - Volkswirtschaftliche Fakultät, … - 2009
Exogenous technical progress can have uneven impacts on productivity contingent on absorptive capacity, structural congruence and trade intensity. The paper illustrates the role of enabling behind-the-border factors for effective absorption and is pertinent for discussing issues like ‘Europe...
Persistent link: https://www.econbiz.de/10011259269
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A New Theory of Capitalism: Key Moments and General Logic
Zheleznyak, Anatoliy - Volkswirtschaftliche Fakultät, … - 2013
competition" are admitted to be a functional norm of capitalism. Respectively, an equilibrium and "perfect competition" are …
Persistent link: https://www.econbiz.de/10011259286
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Генезис цивитальной организации: идеология нового мира
Kaluzhsky, M.L. - Volkswirtschaftliche Fakultät, … - 2006
The monography considers laws and mechanisms of social development from positions of positivism, dialectic materialism and the theory of systems. The methodology of the author is based on causality in relations of a society and social institutes. Social development is considered as result of...
Persistent link: https://www.econbiz.de/10011259500
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European Union Economy System Dynamic Model Development
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2012
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562