Showing 1 - 10 of 309
It is shown that the evolution of modern developed societies results into reduction of the role of centralized governance as well as economic and political competition, whereas the role of collaboration mechanisms is growing. This process is supported by cultural changes: increasing trust,...
Persistent link: https://www.econbiz.de/10011245928
I discuss goals of institutional experimentation as well as obstacles for its realization. The special attention is given to regional experiments. Institutional experiment reduces transformation costs, in particular, by diminishing probability of formation of erroneous reforms trap. The analyses...
Persistent link: https://www.econbiz.de/10011258635
This article proposes a reading of the armed conflict from an evolutionary design that takes into account the concept of private protection agencies in the works of Schelling / Nozick / Gambetta. Their aim is to assess the dynamics of conflict and changes from its author's scientific output. A...
Persistent link: https://www.econbiz.de/10011258671
The problem of finding a Pareto point which would satisfy additional conditions in the form of equalities is stated. A theorem on existence of a solution is proved. Examples are given.
Persistent link: https://www.econbiz.de/10011259355
This paper constructs composite indices of globalization of 131 countries spread over the five continents and classified into World-I, World-II and World-III countries. KOF, the Business Cycle Research Institute in the Swiss Federal Institute of Technology, Zurich is the source of data used in...
Persistent link: https://www.econbiz.de/10011259939
This paper uses mixed combinatorial-cum-real particle swarm method to obtain a heuristically optimal order in which the constituent variables can be arranged so as to yield some generalized maximum entropy synthetic indicators that represent the constituent variables in the best...
Persistent link: https://www.econbiz.de/10011260176
The paper is an attempt to evaluate the efficiency of Pena’s DP-2 method over a host of methods used to make composite indices. To undertake this exercise, variables and data used and methodology adopted in Human Development Report 2011 are employed along with nine other methodologies employed...
Persistent link: https://www.econbiz.de/10011260186
We describe the negotiated-price mechanism, introduced in the USSR in 1985, to increase flexibility of retail prices. We discuss a possibility to improve interactions between manufacturing and retailing through negotiated prices, and demonstrate a methodology to estimate them, using consumer...
Persistent link: https://www.econbiz.de/10011260219
This article evaluates Herbert A. Simon’s contribution to organization theory, placing special emphasis on the criterion of bounded rationality. Simon’s criticism of the orthodox version of organizational bureaucracy is interpreted and his analysis is extended to institutional economics. One...
Persistent link: https://www.econbiz.de/10011260227
An abstract model of an industrial process provides conditions which make it possible to increase the net outputs and lead to a significant simplification of the proof and an extension of numerous results which follow from Braverman’s model with nonequilibrated prices. The actual possibility...
Persistent link: https://www.econbiz.de/10011260326