My philosophical case study concerns textbook presentations of the theory of demand. Does this theory contain anything …. But then, the theory implies false factual claims. We can avoid this result by embracing the theory’s normative character … of physics by Oliver Timmer. Applying his ideas to the theory of demand reveals that the statements of this discipline …

including scenarios, political risk and application of chaos theory. The paper outlines a framework for classifying shocks …

reality. However transaction cost economics can be related to aspects of modern complexity science: bounded rationality …

chaos and complexity theory lens.Design/Methodology/Approach: Since chaos and complexity theories are proposed as a good …, using complexity theory tounderstand how to cope in complex, turbulent environments is necessary, but has not been widely … researched. In fact,most chaos and complexity theory work in marketing has concentrated on marketing strategy, with little …

marketsare complex adaptive systems, using complexity theory to increase understanding of how to cope incomplex and turbulent …

theory to develop marketing tactics could be helpful in turbulent environments.Research limitations/implications: The …

characteristic of chaos theory, sensitive dependence on initial conditions (the butterfly effect) is at work in word of mouth. This … paper reviews word of mouth literature from a chaos/complexity theory perspective. Using a multiple case study approach, the … mouth proactively, and that it is an effective marketing tool for turbulent environments. Furthermore, chaos theory is shown …

rationality. The cooperative’sdecision making process has found mechanisms to adapt to the dictates of the market economy …

exchange networks and expected exchange rates. I consider a theory that reasonably predicts this relationship in a handful of …