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This essay argues that economic systems should be defined in terms of clusters of complementary institutions. To show how such an approach can be carried out, I use a cluster analysis technique and data on forty different economic institutions in OECD nations to isolate four quite different...
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This paper conducts a systematic comparison of behavioral economics's challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and the...
Persistent link: https://www.econbiz.de/10011812583
Using Adam Smith's notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously, with new contributions by Rod O'Donnell, Daniel B. Klein and Christopher Torr, this book outlines Mittermaier's main thesis and...
Persistent link: https://www.econbiz.de/10014321720
Best known as a monetary economist and prominent proponent of monetarism, Karl Brunner was deeply knowledgeable about the philosophy of science and attempted to explicitly integrate logical empiricist thinking, derived in some measure from his engagement with the work of the philosopher Hans...
Persistent link: https://www.econbiz.de/10011904610
Die moderne Volkswirtschaftslehre wirkt auf andere Wissenschaften, auf die Gesellschaft und die Politik ein. Im Kontext dazu wird in dem Paper das disziplinäre Selbstverständnis von Ökonominnen und Ökonomen herausgearbeitet, wie es den wichtigsten Lehrbüchern des Faches inhärent ist....
Persistent link: https://www.econbiz.de/10011961712
Demands for pluralism in economics education have been widespread in recent years. As change in the universities is slow and piecemeal, we present a comparative approach to economics which builds the intellectual basis for the online learning platform Exploring Economics...
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Dieser Aufsatz diskutiert Wege zur Lösung von Umweltproblemen. Einen Weg bietet die Wirtschaftswissenschaft: Sie hat ökonomische Instrumente entwickelt, die der Umwelt einen Marktpreis zuordnen und so den Marktmechanismus zur Lösung von Umweltproblemen einsetzten. Dieser Weg der...
Persistent link: https://www.econbiz.de/10011422097