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Interactive expectations
Flieth, B; Foster, J - 2002
accordance with some rationality postulate. We offer an alternative nonlinear model where agents exchange their opinions and …
Persistent link: https://www.econbiz.de/10009447863
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Tracing Cultural Evolution Through Memetics
Sartika, Tiktik Dewi - Bandung Fe Institute - 2004
Viewing human being, as a part of evolution process is still a controversial issue for some people, in fact the evolution runs. As a sociocultural entity, human being has distinctive characters in its evolution process. A Theory inherited from Darwin may have only been able to answer how a...
Persistent link: https://www.econbiz.de/10008876730
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Tracing Cultural Evolution Through Memetics
Sartika, Tiktik Dewi - EconWPA - 2004
Viewing human being, as a part of evolution process is still a controversial issue for some people, in fact the evolution runs. As a sociocultural entity, human being has distinctive characters in its evolution process. A Theory inherited from Darwin may have only been able to answer how a...
Persistent link: https://www.econbiz.de/10005561513
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Models of Equilibrium Pricing with Internalized Powers of Independent Judgment Based on Autonomy
Aoki, Takaaki - Volkswirtschaftliche Fakultät, … - 2000
In this paper I want to describe one way of thinking about information. In effect, this paper relates to the notion that organizational or societal models of economic equilibrium incorporate a decision-making mechanism that is influenced by the independent judgment of each individual. This...
Persistent link: https://www.econbiz.de/10005837425
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Aggrgation,Learning and Rationality
Grandmont, Jean-Michel - University of Bonn, Germany - 1992
Persistent link: https://www.econbiz.de/10004968114
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Heterogeneity, interaction and emergence: effects of composition
Landini, Simone; Gallegati, Mauro - In: International Journal of Computational Economics and … 4 (2014) 3/4, pp. 339-361
characterising their constituents: heterogeneity and interaction as the main sources of complexity and emergence. This perspective is … developed by reasoning on the double-face problem of microfoundation and aggregation in macroeconomic modelling taking care of … heterogeneity, interaction and composition effects of individual behaviours into the emergence of macroscopic phenomena. With …
Persistent link: https://www.econbiz.de/10010929797
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Transaction, development, and capacity: commentary on 'Toward a transactional theory of decision making'
Stikkers, Kenneth - In: Journal of Economic Methodology 10 (2001) 2, pp. 157-160
preferences are given and fixed, rather than transactionally formed; 2) the truncated notion of 'rationality' assumed by Simon … 'rationality.' …
Persistent link: https://www.econbiz.de/10009219379
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Ein nutzungskostenbasierter Ansatz zur Messung des Faktors Kapital in aggregierten Produktionsfunktionen
Knetsch, Thomas A. - Deutsche Bundesbank - 2012
Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem Nutzungswert im Produktionsprozess gewichtet werden. Dazu werden Nutzungskosten für die einzelnen Anlageklassen mit Hilfe von Daten der Volkswirtschaftlichen Gesamtrechnungen sowie...
Persistent link: https://www.econbiz.de/10010535437
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A user cost approach to capital measurement in aggregate production functions
Knetsch, Thomas A. - Deutsche Bundesbank - 2012
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...
Persistent link: https://www.econbiz.de/10010535442
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A user cost approach to capital measurement in aggregate production functions
Knetsch, Thomas A. - Deutsche Bundesbank - 2012
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...
Persistent link: https://www.econbiz.de/10010984707