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A multiplicity of approaches to institutional analysis : applications to the government and the arts
Frey, Bruno S. - 2009
Four types of economics" relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...
Persistent link: https://www.econbiz.de/10010265966
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A diagnostic approach to the institutional analysis of climate adaptation
Oberlack, Christoph; Neumärker, Bernhard - 2013
Economics has a key role to play for understanding vulnerability and adaptation to climate change. However, economic approaches to climate adaptation are rarely articulated and discussed at a framework level. This article first reviews and critically assesses welfare economics approaches to...
Persistent link: https://www.econbiz.de/10010324288
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The theory of capital as a theory of capitalism: Hidden Austrian contributions to a historically specific approach to capital
Braun, Eduard - 2015
term. The present paper takes up Hodgson's demand and develops a theory of capital that is based upon this business notion … of capital. It also argues that the Austrian theory of capital, if interpreted correctly, can serve as a starting point …. Despite the conviction of its adherents to the contrary, the Austrian theory of capital is not universal or ahistorical, but …
Persistent link: https://www.econbiz.de/10011557915
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The Chilean agricultural transformation during the second half of the twentieth century: A story of institutional change
Saravia, Antonio - 2008
The second half of the twentieth century witnessed a dramatic transformation of the Chilean agricultural sector. From accounting for only five percent of the value of Chile's total exports in the late 1960s, agricultural exports grew to account for more than 30 percent of this value in the mid...
Persistent link: https://www.econbiz.de/10010273886
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Max Weber as an Economist: Revisiting Max Weber's Legacy 100 Years after His Passing
Louzek, Marek - In: Journal of Contextual Economics – Schmollers Jahrbuch 140 (2020) 2, pp. 205-222
This article presents Max Weber as an economist and as a social scientist. Weber's relations to economics, philosophy and sociology are discussed. Max Weber has more in common with economists than it might seem at first sight. His principle of value neutrality has become the foundation of the...
Persistent link: https://www.econbiz.de/10014523090
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Determinant of Social Norms
Voigt, Stefan - 2022
It is now abundantly clear that social norms channel behavior and impact economic development. This insight leads to the question: How do social norms evolve? This survey examines research that relies on geography to explain the development of social norms, and suggests that religion and family...
Persistent link: https://www.econbiz.de/10013167110
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Economics, institutions and adaptation to climate change
Oberlack, Christoph; Neumärker, Bernhard - 2011
Adaptation to the consequences of climate change has attracted increasing interest as a necessary complement to greenhouse gas mitigation. Economic approaches to climate adaptation are rarely articulated and discussed explicitly despite many benefits of such a framework-level discourse....
Persistent link: https://www.econbiz.de/10010308641
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Emerging market economies and the financial crisis: Is there institutional convergence between Europe and Asia?
Hoen, Herman W. - 2013
It is often stated that globalization makes a smaller world by institutional conver-gence. Economic orders become alike across the world. This article addresses institutional change triggered by the global financial crisis of 2008/2009 and challenges this general conviction of worldwide...
Persistent link: https://www.econbiz.de/10010314660
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Post-Keynesian institutionalism after the great recession
Whalen, Charles J. - 2012
This paper surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, within the current context, important research that paved the way for PKI. It then...
Persistent link: https://www.econbiz.de/10010318646
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Institutional failures and transaction costs of Bulgarian private research institutes
Nozharov, Shteryo - 2016
The paper analyses the reasons for poor performance of private research institutes in Bulgaria. In this regard the Institutional Economics methods are used. A connection between smart growth policy goals and Bulgarian membership in EU is made. The gaps in the institutional environment are...
Persistent link: https://www.econbiz.de/10011534306