Showing 1 - 10 of 57
Finance is in the midst of a paradigm shift, from a neoclassical based framework to a psychologically based framework. Behavioral finance is the application of psychology to financial decision making and financial markets. Behavioralizing finance is the process of replacing neoclassical...
Persistent link: https://www.econbiz.de/10010693712
differ in matters of theory and variables of emphasis. The choice of the appropriate framework appears to invite an incisive …
Persistent link: https://www.econbiz.de/10010991474
a stress on the role of the middle classes) to underdevelopment, and especially to oligopoly theory, conceived as a … general theory of market forms, based on the notion of barriers to entry in an industry. Sylos Labini's political involvement …
Persistent link: https://www.econbiz.de/10010854367
Economics. His later monograph on the topic, Zur Theorie des Kapitals (A contribution to the theory of capital), is more or less …The common interpretation of Carl Menger’s take on capital theory rests upon a few sentences in his Principles of … Menger’s view on capital does not only concern terminological points, but involves the subject matter of capital theory. A …
Persistent link: https://www.econbiz.de/10010862310
The purpose of the paper is to bring out the special characters of Paolo Sylos Labini experience concerning his work on the history of the discipline. It includes three successive parts. The first investigates the extent to which Sylos Labini can be considered as a Schumpeterian scholar. The...
Persistent link: https://www.econbiz.de/10011020426
Italian colleague. While Sylos Labini?s theory of oligopoly and his market forms obviously take centre stage in these …
Persistent link: https://www.econbiz.de/10011020506
This working paper tries to analyse the Spanish literature on Public Finance published during the first Third of the 20th Century. A History of Economic Thought approach has been adopted. The lack of research on this topic compelled us to identify the different authors, works and debates. This...
Persistent link: https://www.econbiz.de/10005013895
) knowledge, the essentials of classical British economic theory (Political Economy) are outlined. Next the scientific career and … the genesis of the works of Ricardo are dealt with. The building blocks of his theory are Malthus’ law of population and … his own theory of land rent. They serve as a basis for developing his original theory of income distribution among the …
Persistent link: https://www.econbiz.de/10005022086
James M. Buchanan has argued that the primary role that the economist plays in society is a pedagogical one. The job of the economists is to teach students the principles of economics, most notably an understanding of spontaneous order and the role of the price system in generating that order...
Persistent link: https://www.econbiz.de/10009283803
The financial crisis of 2008 has challenged the reputation of the free-market economy in the public imagination in a way that it has not been challenged since the Great Depression. The intellectual consensus after World War II was that markets are unstable and exploitive and thus in need of...
Persistent link: https://www.econbiz.de/10009323481