Vorliegendes Arbeitspapier beschäftigt sich mit der Produktion von individuellen digitalen Produkten. Dabei soll zunächst Individualisierung definiert, Produktsegment und Variantenwettbewerb abgegrenzt sowie der Markt für individuelle Produkte beschrieben werden.

The paper analyzes the existence and impact of …financing constraints as a possiblyserious obstacle to innovation by …firms. Direct measures of fi…nancing constraints areemployed using survey data collected by the Banque de France and Eurostat, whichovercomes the problems with the traditional...

This review of the empirical and theoretical literature was commissioned by the Small Business Service (Department for Trade and Industry). Our brief was to consider existing research that has examined the causes and the impact of economic churn on productivity, employment and ultimately...

Economic intuitions concerning rational behaviour in interactive social situations are shaped byidealized models which are regarded as “approximately true”. But ideal models cannot be meaningfullydeemed approximately true unless asymptotically convergent processes imply them as limit cases....

We describe Amartya Sen’s Capability Approach to welfare evaluationin the language of standard welfare economics, and assess to what extentit provides a genuine alternative for individual welfare measurement andpolicy evaluation. We review the nascent empirical literature on the...

This paper focuses on the uneasy alliance of rational choice and evolutionary explanations in modern economics. While direct evolutionary explanations of "optimality" rule out "purposeful" rational choice by assuming zero-intelligence and pure rational choice explanations leave no room for...

In diesem Beitrag lassen wir herkömmliche Kritikpunkte an der ökonomischen Neo-Klassik Revue passieren und untersuchen, inwieweit die heutige experimentelle Ökonomik diesen durch gesteigerte Realwissenschaften entgeht. Eine induktive Vorgehensweise, bei der im Labor Ergebnisse unter...

Owing to the rapid growth of the internet, the corresponding NetEconomy has evolved into an established trade level. It is characterised bynumerous entrepreneurial firms equipped with innovative online businessmodels. Also, traditional firms increasingly utilise the internet in order tooptimise...

Multiplicity of equilibria is a prevalent problem in many economic models. Oftenequilibria are characterized as solutions to a system of polynomial equations. This pa-per gives an introduction to the application of GrÄobner basis methods for ¯nding allsolutions of a polynomial system. The...