Similar Search Results

Valuing as a social process: Embodiment, relevance, and commensuration

Ecks, Stefan - In: Finance and Society 9 (2023) 2, pp. 58-63

In Inventing Value, Dave Elder-Vass (2022) argues that value is a set of beliefs about items that are strategically propagated to increase profits. The emphasis on value as a social process is particularly welcome, as this is the most fruitful direction for understanding worth. But the book...

Persistent link: https://www.econbiz.de/10015191641

The social determination of monetary value: A response to Ecks

Elder-Vass, Dave - In: Finance and Society 9 (2023) 2, pp. 64-66

Ecks is disappointed that Inventing Value (2022) does not develop a comprehensive, essentially ethical, theory of the value of things based in the materiality of human need. But this is not the objective of the book. Instead, the book seeks to examine how value, as we assess it in specifically...

Persistent link: https://www.econbiz.de/10015191652

Endogenous space in the Net era

Arcangeli, E. Fabio; Padrin, Giorgio - 2004

Libre Software communities are among the most interesting and advanced socio-economic laboratories on the Net. In terms of directions of Regional Science research, this paper addresses a simple question: “Is the socio-economics of digital nets out of scope for Regional Science, or might the...

Persistent link: https://www.econbiz.de/10011318941

Addressing the Malaise in neoclassical economics: A call for partial models

Wallace, Ronald L. - In: Economic Thought 8 (2019) 1, pp. 40-52

Economics is currently experiencing a climate of uncertainty regarding the soundness of its theoretical framework and even its status as a science. Much of the criticism is within the discipline, and emphasises the alleged failure of the neoclassical viewpoint. This article proposes the...

Persistent link: https://www.econbiz.de/10015387050

How Big Is the Media Multiplier? Evidence from Dyadic News Data

Besley, Timothy; Fetzer, Thiemo; Mueller, Hannes - 2023

This paper estimates the size of the media multiplier, a model-based measure of how far media coverage magnifies the economic response to shocks. We combine monthly aggregated and anonymized credit card activity data from 114 card issuing countries in 5 destination countries with a large corpus...

Persistent link: https://www.econbiz.de/10014377593

The legacy of coercive cotton cultivation in colonial Mozambique

Barros, Henrique; Caeiro, Rute Martins; Jones, Sam; … - 2024

We examine the long-term impact of forced labour on individual risk behaviour and economic decisions. For that, we focus on a policy of coercive cotton cultivation enforced in colonial Mozambique between 1926 and 1961. We combine archival sources about the boundaries of historical cotton...

Persistent link: https://www.econbiz.de/10014548580

The Relationship Between Behavioural and Neoclassical Economic

Diacon, Paula-Elena; Calance, Madalina - In: CES Working Papers 6 (2014) 1, pp. 71-76

The purpose of this article is to analyze the relationship between the discipline of Behavioural Economics and the Neoclassical School. On the basis of the available literature, the paper aims to investigate if the two branches are totally opposite, or if the behavioural theories only extend and...

Persistent link: https://www.econbiz.de/10012017118

The Representativeness of Homo Oeconomicus and its Rationality

Diacon, Paula-Elena - In: CES Working Papers 6 (2014) 3, pp. 29-35

The homo oeconomicus model is an essential concept of the neoclassical analysis. It defines the agent capable of rational choices in pursuing the maximization of his own utility functions. Over time, the notion remained at the basis of many debates, related mainly to its relevance. However, the...

Persistent link: https://www.econbiz.de/10012017164

Notes on money as technology

Carrillo, Raúl A. - 2024

"operations" of money, which entails understanding the financial system's law and technology (Grey 2019, Tymoigne 2014, Fullwiler … (Veneroso and Pasquali 2021). These are but a few examples. Here, I present some brief thoughts on money as a technology-money … itself. I argue there is value in thinking of money not only as a legal institution, political, economic, or social relation …

Persistent link: https://www.econbiz.de/10015189333

Money as a computational machine

Wilkins, Inigo; Dragos, Bogdan - In: Finance and Society 8 (2022) 2, pp. 110-128

This article presents a speculative philosophical account of money as a computational machine. It does so by leveraging …

Persistent link: https://www.econbiz.de/10015190810