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behavioral economists and the proponents of rational choice theory. …
Persistent link: https://www.econbiz.de/10011195247
is argued that position of the latter (esp. rational choice theory) has been undermined because it builds upon primitive … approach is founded on those structures adequately, then both rational choice theory and bounded rationality theories become …
Persistent link: https://www.econbiz.de/10011228243
preferences theory, followed by the critical analysis of Samuelsson´s concept of the revealed preferences. Further the attention … evolutional theory. …
Persistent link: https://www.econbiz.de/10009147143
Teachings of economic policy were present at the VŠE from its inception in 1953 needless to say that most activities were highly influenced by the ruling political climate. Despite all limitations there were some achievements of value, esp. works of prof. Olšovský and his team in 50s and...
Persistent link: https://www.econbiz.de/10011195229
acclaimed scientists in the theory of probability and mathematical statistics, whose name is used for one of the greatest …
Persistent link: https://www.econbiz.de/10011195250
The empirical literature generally accepts the influence of corporate taxes on the investment decision of the multinationalities. The most papers usually consider more aspect of that tax then only statutory corporate tax rate. Using annual time series data for the period 1998-2011 this paper...
Persistent link: https://www.econbiz.de/10011195266
effectiveness of the Keynes's policies dubious. These analyses have become a starting point of the theory of economic disequilibrium … research programme of the theory of economic disequilibrium is carried out by searching the microeconomic basic points of the … limitations has very important macroeconomic consequences, unemployment being one of them. The theory of economic disequilibrium …
Persistent link: https://www.econbiz.de/10005258113
According to quite a number of scholars, even non-Austrian, some theories of Austrian school of economic thought do provide an increasingly relevant material to explain recent boom-and-bust economic cycles as well as financial crises. However, I argue, this development is not adequately...
Persistent link: https://www.econbiz.de/10011195246
similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the … Menger, Eugen von Boehm-Bawerk and their followers of the so-called Austrian school of economics. Simple theory of production … structure theory for the analysis of intraindustry trade. We accordingly apply the concepts of the structure of production on …
Persistent link: https://www.econbiz.de/10005036701
mainstream theory is explained. The chapter three describes the Austrian understanding of the market process based upon twin … theory of Schumpeter. Schumpeter's theory is subsequently compared with Kirzner's approach. The author also surveys and …
Persistent link: https://www.econbiz.de/10004963554