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Coase 1930 endures through the decades as one of the most-cited papers in economics due to the fact that it highlights a fundamental and equally enduring problem: "Economic theory has suffered in the past from a failure to state clearly its assumptions. Economists in building up a theory have...
Persistent link: https://www.econbiz.de/10005260243
Can one come up with the ‘hard science’ to show that part of the enviable ‘quality of life’ in certain provinces in Canada has to do with the differential ‘purchasing power’ of their residents? Although the mean level of earnings/income per annum is lower/higher in certain provinces...
Persistent link: https://www.econbiz.de/10005260297
This dissertation introduces "Truly Non-Cooperative Games" – axioms and complimentary negotiation models developed to analyse the human "Struggle for Life" – and presents "The Principle of Relative Insularity", a unified theory of value which unites economics, astrophysics, and biology. In...
Persistent link: https://www.econbiz.de/10008595904
This paper offers a solution to The Problem of Sustainable Economic Development, and a universal theory of value. We introduce axioms which serve as the first of two derivations of our solution, our methods, the origin and evolution of our theory, field notes from Mustique, Iceland, and Prince...
Persistent link: https://www.econbiz.de/10008458499
This discourse offers a solution to The Problem of Sustainable Economic Development on islands. This hypothesis offers a foundational, sub-game solution to The Island Survival Game, a counterintuitive, dominant economic development strategy for ‘islands’ (and relatively insular states). This...
Persistent link: https://www.econbiz.de/10008458522
Garrett Hardin’s "Tragedy of the Commons" remains one of the most frequently cited works across the spectrum of science — indeed, a visit to the website of the influential journal which published this paper in 1968 reveals that this revolutionary communique remains amongst its ‘top...
Persistent link: https://www.econbiz.de/10008559018
Prince Edward Island's Economics, Statistics and Federal Fiscal Relations Division's 33rd Annual Statistical Review reports the total value of 2006 fish landings was CAD $166.6 MM. This paper discloses a preliminary finding that the actual total value of fish landings for 2006 was approximately...
Persistent link: https://www.econbiz.de/10005835805
Darwin's "Origin" launched evolution into theoretical orbit and it continues to influence its course. This magnum opus detailed a tenable solution to the most fundamental problem of human existence, and although this Promethean vision contains sundry trivial flaws, there is, however, one...
Persistent link: https://www.econbiz.de/10008545987
This paper introduces a game-theoretical framework for The Problem of Sustainable Economic Development, axioms which help clarify the problem itself, and, reductio ad absurdum, falsify many widely-held economic, evolutionary, and ecological principles. This brief communiqué lays the foundation...
Persistent link: https://www.econbiz.de/10008550050
The theory presented here was developed to address the problem of the long-term survival of the human species. This paper tables axioms which fruitfully model The Problem of Sustainable Economic Development, a theoretical framework which, reductio ad absurdum, falsifies many widely-held...
Persistent link: https://www.econbiz.de/10005029689