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This paper revisits old questions of the proper subject and bounds of economics: Does economics study “provisioning”? or markets? or a method of reasoning, self-interested rational optimization? A variety of scholars and others in many fields make use of a taxonomy of society consisting of...
Persistent link: https://www.econbiz.de/10005025464
internationalization. In particular, in the era of turbo-capitalism, the informal institution of social capital becomes of global …
Persistent link: https://www.econbiz.de/10011273727
internationalization. In particular, in the era of turbo-capitalism, the informal institution of social capital becomes of global …
Persistent link: https://www.econbiz.de/10010741554
internationalization. In particular, in the era of turbo-capitalism, the informal institution of social capital becomes of global …
Persistent link: https://www.econbiz.de/10011123010
This paper is a lengthier and revised version of the Closing Plenary given to the World Congress of the Association of Social Economics, and Cairncross Lecture, University of Glasgow, June, 2012. Mainstream economics is seen as unfit for purpose because of deficiencies that have long been...
Persistent link: https://www.econbiz.de/10011142302
We examine conditions under which group consumption is likely to involve informal and tacit reciprocity agreements rather than formal contracts and the price system. Our model shows that informal reciprocity agreements are more likely to be used when transaction costs of formal agreements are...
Persistent link: https://www.econbiz.de/10005453667
each other infrequently and, when matched, play a prisoners’ dilemma. There exists an institution that can convey …
Persistent link: https://www.econbiz.de/10010616121
The question: “How much of biological evolution based theories, as they are understood presently, apply to human behaviour?” is highly controversial and perhaps highly politicized as well. The inference that human beings are evolutionarily programmed to have urges toward aggression, rape,...
Persistent link: https://www.econbiz.de/10011258986
The main question of this paper is to investigate if and how the voluntary sector – as an institutional agent of the third sector - matters for the local development path. By adopting a multimensional and relational approach to the development, the paper surveys, compares and overlaps three...
Persistent link: https://www.econbiz.de/10011260011
It is argued in this paper that the nature of innovation networks can vary substantially with regard to the type of knowledge that is critical for innovation. Subject to the knowledge base of an industry, networks between companies can differ in various aspects, such as their geographical...
Persistent link: https://www.econbiz.de/10010643175