Showing 1 - 10 of 48
Persistent link: https://www.econbiz.de/10005396065
This book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as general equilibrium theory, decision theory, game theory, experimental economics, evolutionary theory of the firm, financial markets and the history of economic thought.
Persistent link: https://www.econbiz.de/10011164713
Empirical studies have shown that state-owned enterprises (SOEs), and especially the compensation of topmanagers, are very relevant to the performance and sustainable provision of public services. Whereas there are numerous studies on the compensation of top-management of private sector...
Persistent link: https://www.econbiz.de/10011200293
Persistent link: https://www.econbiz.de/10011187179
The aim of this paper is to assess the implications of economic uncertainty on individual mobility behaviour at the local and regional levels. Focusing especially on uncertainty with respect to the evolution of commuting costs, a model is developed that describes the interrelated decisions of...
Persistent link: https://www.econbiz.de/10010737427
The paper is a survey of the Aumann's and Schelling's main contributions to game theory. For Aumann, a distinction is made between his works devoted to cooperative and non cooperative games. As for Schelling, pure coordination games and focal points are underlined on one hand, and the collective...
Persistent link: https://www.econbiz.de/10010786614
This paper presents the asymptotic theory for non-degenerate U-statistics of high frequency observations of continuous Itô semimartingales. We prove uniform convergence in probability and show a functional stable central limit theorem for the standardized version of the U-statistic. The...
Persistent link: https://www.econbiz.de/10010851284
Les réflexions prospectives, quel qu'en soit l'objet et quelles que soient les méthodes qu'utilisent leurs auteurs, passent presque toujours par un travail d'identification et d'analyse des variables et des acteurs déterminants et, s'agissant de ces derniers, par une évaluation de leurs...
Persistent link: https://www.econbiz.de/10011072805
Hayek draws the general lines of an analysis of economic knowledge in taking up two different directions. On the one hand he draws his attention on the knowledge used by the agents in the course of the economic process; on the other one he seeks for the theoretical knowledge required to explain...
Persistent link: https://www.econbiz.de/10011073326
The paper surveys the main meeting points between economics and psychology. It shows that their meeting is closely connected to a re-examinations of the decision-making theory, for individual, as well as for, game situations. After recalling the key role of the emotions in decision-making, it...
Persistent link: https://www.econbiz.de/10011073747