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The contribution resumes the article called Nash Equilibrium in Redistribution Systems (Calculation, significance, use), published in the magazine ACTA 1/2008. It is based on some general methodological questions of theory development that use mathematical apparatus, where finding an appropriate...
Persistent link: https://www.econbiz.de/10010860164
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario "vibrant." It is contrasted with what would happen if present policies continue within the European...
Persistent link: https://www.econbiz.de/10010884389
The aim of this work is to establish the personal income distribution from the elementary constituents of a free market … is Gibrat’s law from an evolutionary market dynamics of short term fluctuations. The total private income distribution is … shown to consist of four main parts. From capital income of private firms the income distribution contains a lognormal …
Persistent link: https://www.econbiz.de/10011260210
This work examines the theory of profit in mainstream microeconomics from Islamic perspective. It does not deal with various profit theories in their historical order. Instead, it adopts an issue-wise approach and discusses questions such as what is profit, what are its sources of emergence,what...
Persistent link: https://www.econbiz.de/10005626855
productivities, and to contrast the ensuing distribution with the status quo.Competition will yield winners and losers, both in terms …
Persistent link: https://www.econbiz.de/10011092037
This paper analyses the incentives of a vertical integrated Internet service provider (ISP) to block competitors from content markets. Using a simple model we find that the ISP does not block competing content providers as long as the contents are differentiated sufficiently. Exclusion only...
Persistent link: https://www.econbiz.de/10010991231
The Panzar-Rosse test has been widely applied to assess competitive conduct, often in specifications controlling for …
Persistent link: https://www.econbiz.de/10011009873
Vietnam has gone through massive economic restructuring from a socialist command economy to market-oriented economy. This provides an excellent example of a country that has experienced changes in competition regime. Economic reforms in late 1980s and 1990s and the introduction of...
Persistent link: https://www.econbiz.de/10010954731
This paper centres around the question of ownership of firms and managerial competition and how these affect managers and employees’ incentives to invest in human capital. We argue that employees’ incentives in human capital investment are affected by both ownership and competition since...
Persistent link: https://www.econbiz.de/10010928689
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation...
Persistent link: https://www.econbiz.de/10011276814