Showing 1 - 10 of 58
stance on who bears its burden. On balance, economists seem still more prone to accept that taxing profits does not affect … of the use of internal resources makes pure economic profits very difficult to detect. Thirdly, when the pervasive role …
Persistent link: https://www.econbiz.de/10011259062
The volume of profits in an economy is a magnitude, which is out of sight of orthodox macroeconomic textbooks and … effectively ignored by neoclassical macroeconomics. In contrast, Kalecki’s approach brings to the forefront the sources of profits … and makes possible their further analysis. In a previous paper, the sources of profits and their impacts, as well as the …
Persistent link: https://www.econbiz.de/10011259581
The aim of this paper is to simulate profit expectations as an emergent property using an agent based model. The paper builds upon adaptive expectations, interactive expectations and small world networks, combining them into a single adaptive interactive profit expectations model (AIE)....
Persistent link: https://www.econbiz.de/10011260058
This article clarifies the relationship between profits and principles by distinguishing four alternative perspectives …: the win-win perspective in which ethical behaviour generates the highest profits; a licence-to-operate perspective in … which a minimum ethical performance is required to receive legitimation from the society; an acceptable profits perspective …
Persistent link: https://www.econbiz.de/10008593010
In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … labour. Yet, it can also be proved that the existence of profits is equivalent to the ‘exploitation’ of any good. Labour and … profits and labour exploitation holds, whereas it is proved that there is no relation between profits and commodity …
Persistent link: https://www.econbiz.de/10009371826
concerns on a firm's profits. We find that it is individually rational for agents in a firm to develop and exhibit status …
Persistent link: https://www.econbiz.de/10008540966
analysis on the key parameters. The impact of higher fuel economy standards on industry profits is very clear: increasing fuel … economy 30% to 50% (35 mpg to 40.5 mpg) would increase the Detroit 3’s gross profits by roughly $3 billion per year, and …
Persistent link: https://www.econbiz.de/10008497694
win percentage and the profits of small and big teams. Teams play a Cournot game, under the following objective functions …: (i) teams maximize profits, (ii) teams maximize win percentage, (iii) the small team maximizes profit and the big win …
Persistent link: https://www.econbiz.de/10005105918
CEO compensation considerations have gained prominence in recent times, especially in the wake of the subprime turmoil. Using cross-section data on Indian manufacturing firms for 2007, the paper explores the association between executive compensation and firm performance and concludes that pay...
Persistent link: https://www.econbiz.de/10008681026
The volume of profits in an economy is a magnitude, which is out of sight of orthodox macroeconomics textbooks and … effectively ignored by neoclassical economics. In contrast, Kalecki's approach brings to the forefront the sources of profits and … makes possible their further analysis. The sources of profits are examined one by one and their impacts, as well as the …
Persistent link: https://www.econbiz.de/10011113300