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This article shows turbulent behavior in a series of financial indexes assuming that they follow a cascade process of the same type as do turbulent fluids. With such a model, the energy flux between the eddies that emerge in the fluid is analogous to the financial information flux over the...
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This paper shows that utilitarianism and libertarianism have a determining influence on moulding monetary theories. It compares Jeremy Bentham’s utilitarian theory with that of David Hume – a theory somehow based on the idea of usefulness – and that of Adam Smith – a libertarian theory...
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This article studies the theories of value, economic growth and entrepreneurship of three relevant authors, David Hume, Adam Smith and Jeremy Bentham. Utilitarianism and their different conceptions of time are the basis for different theories, which are even represented by different main...
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Este trabajo examina en dos documentos separados– los rasgos fundamentales de la evolución de las ideas económicas referentes a la gestión forestal en el ámbito ibérico, destacando las similitudes y contrastes entre el caso español y el portugués en lo que respecta a aspectos tales como...
Persistent link: https://www.econbiz.de/10005115576
:Este trabajo examina –en dos documentos separados– los rasgos fundamentales de la evolución de las ideas económicas referentes a la gestión forestal en el ámbito ibérico, destacando las similitudes y contrastes entre el caso español y el portugués en lo que respecta a aspectos tales...
Persistent link: https://www.econbiz.de/10005115593