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In this essay I compare two different theoretical frameworks in economics for orientinganalysis of issues in technology policy. One is a neoclassical framework that sees appropriatepolicies as dealing with “market failures”. The other framework is provided by an evolutionaryand institutional...
Persistent link: https://www.econbiz.de/10005870605
design rooted in economic theory: pension systems have multiple objectives, analysis should consider the pension system as a …
Persistent link: https://www.econbiz.de/10005871035
This report is the first policy study of the China Economic Research and AdvisoryProgramme, in which eminent economists from China and abroad have participated. Thereport focuses on the problems faced by China in the reform of its social security system.On the basis of economic principles and...
Persistent link: https://www.econbiz.de/10005871039
Beobachtungen, hedonistischen Messmethoden und unter Anwendung neoklassischer Wirtschaftstheorie werden bestimmte Naturerscheinungen … makroökonomischen Kreislauftheorie wird mit Bezug auf Leontiefs Input- Output Theorie das Design der Input-Output Tabelle der …
Persistent link: https://www.econbiz.de/10005871207
Wirtschaftswissenschaft und Biologie befassen sich mit Produktionsprozessen, ein Austausch gegen-seitiger Erkenntnisse findet jedoch nicht oder selten statt, weil selbstauferlegte disziplinäre Fragestel-lungen Vorrang haben. So beschäftigt sich die Wirtschaftswissenschaft ausschließlich mit...
Persistent link: https://www.econbiz.de/10005871208
This paper investigates the dynamics of the term structure of bond market illiquidity premia. We analyze the comovement of short-, medium-, and long-termilliquidity premia and identify economic factors determining them. Our resultsshow that the term structure of illiquidity premia is U-shaped on...
Persistent link: https://www.econbiz.de/10008911533
-cultural communication theory, which starts out from the observation thatthe Chinese model was already influential during the European … woven together in a comparison between Confucianthinking and Adam Smith, especially with regard to the ‘Theory of Moral …
Persistent link: https://www.econbiz.de/10009005039
theory of metaphors, resulting in a precise definition ofrule-following as performative action. I present two empirical …
Persistent link: https://www.econbiz.de/10009005041
The paper discusses recent trends in the sister sciences of evolutionary economics andcomplexity economics. It suggests that a unifying approach that marries the two strands isneeded when reconstructing economics as a science capable of tackling the two key questions ofthe discipline: complex...
Persistent link: https://www.econbiz.de/10009138592
of evolutionary theory to thedevelopment of concrete middle-range theories of specific economic phenomena. The purposeof … further the development of an evolutionary theory of economicgrowth. I will demonstrate the value of generalized Darwinism in … strengths of these three theories. The result of thisexercise is a theory of the firm as a Darwin machine that better captures …
Persistent link: https://www.econbiz.de/10009138618