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After the independence in the business of Lithuania, like in the publishing market, were introduced marketing … strategies. Publishing companies are specific commercial companies. They seek not only profit, but enlightenment, culture and … other social aims. Publishing companies for this reason use universal marketing mix. When supply overran demand, publishers …
Persistent link: https://www.econbiz.de/10009478971
In this article, the goal is to offer a new research agenda for evolutionary macroeconomics. The article commences with a broad review of the main ideas in the history of thought concerning the determinants of economic growth and an introduction to the evolutionary perspective. This is followed...
Persistent link: https://www.econbiz.de/10009448330
We develop a new methodology for evolutionary economic modelling, based upon the ‘micro-meso-macro’ analytical framework for dealing with behaviour in complex economic systems. This new methodology involves a combination of computational, historical and econometric methods. It is argued that...
Persistent link: https://www.econbiz.de/10009448343
methodological symmetry now prevails in theanalysis of economic systems, emphasizing how their underlying institutions … account for differences in knowledge-generatingproperties between institutions has created several blind spots in this new … that a pure rational choice approach thatendogenizes institutions leaves no theoretical space for inefficiency, and that …
Persistent link: https://www.econbiz.de/10009458902
There are at least two elements of theory completion necessary for measurement: (1) a measurement formula and (2) standardization of that representation. Standardization is based on the search for stability. The more stable the correlation which the measurement formula represents is, the less...
Persistent link: https://www.econbiz.de/10009460046
losses have disproportionately negative impact on local communities. Economists generally argue that free and unimpeded …
Persistent link: https://www.econbiz.de/10009475015
Universities represent a highly complex organizational structure that is beset with serious informational problems. A simplistic allocation rule based on university rankings is sometimes applied to fund disciplines/departments in order to promote efficiency. This study shows the pitfalls of...
Persistent link: https://www.econbiz.de/10009482131
It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due … to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the …
Persistent link: https://www.econbiz.de/10009482282
current economic issues. This has implications for the acceptance of economic policy since these economists are apt to uphold … the interests of their employer. In contrast, academic economists suffer from a lack of recognition and reach in the media … generation of academic economists, in contrast to previous generations, is becoming reticent on matters of public policy. …
Persistent link: https://www.econbiz.de/10009484643