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This paper explores the main problems of the theory of games as a tool of economic analysis. It also points out the new perspectives of the solution concepts including their context and finally it presents some comments regarding the future of the field.
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The economic science, the so-called ‘neoclassical economics’, has usually avoided considering the values of its field of study. This has led to important limitations in its theoretical system. This article intends to go beyond this neutral positivist approach. It presents different...
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En este documento se discuten y revisan diversas alternativas para realizar pronósticos de pobreza para varios países de América Latina. El punto de partida es el modelo base desarrollado por CEPAL y luego se generan variantes que exploran estrategias novedosas asociadas a las técnicas de...
Persistent link: https://www.econbiz.de/10013350349
This paper shows the relationships between the mechanisms of decision in politics (harmony versus conflict) and the … the market mechanism in economics and the conflict mechanism in politics are more suitable for the constitution of a …
Persistent link: https://www.econbiz.de/10005005743
Recently a new approach to political economy has been consolidated. The political analysis of transaction costs is an attempt to solve some of the problems which arise in economic theories of public policy. This paper deals with the notions of transaction costs, institutional efficiency,...
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