Showing 1 - 10 of 12
Spatial planning seeks to regulate demand for land resources with a view to securing the well-being of urban and rural communities. It identifies the decisions that should be made in light of a preferred future development. Yet, preferences for future development change as demands for housing,...
Persistent link: https://www.econbiz.de/10009364890
The Handbook of Economics and Ethics portrays an understanding of economic methodology in which facts and values, though distinct, are closely interconnected in a variety of ways. From theory building to data collection, and from modelling to policy evaluation, this encyclopaedic Handbook is at...
Persistent link: https://www.econbiz.de/10011173126
Hedonic house-price models have long been used in urban studies to investigate important factors characterizing cities (eg, the demand for amenities or housing submarkets). Traditionally, the formulation of hedonic models has been solved using global spatial econometric techniques. The...
Persistent link: https://www.econbiz.de/10011132448
Persistent link: https://www.econbiz.de/10008486640
Some authors pointed to a realist orientation in Keynes's thought. However, since 'realism' is a wide and sometimes equivocal term, one may ask what kind of realism Keynes's realism is. This paper argues that Keynes held to an ontological, logical-semantic and epistemic realism. Whereas...
Persistent link: https://www.econbiz.de/10005282345
As Ronald Coase points out, there are two kinds of conceptions of economics: first, the conception that emphasizes the study of specific kinds of human activities; and, second, the conception that makes economics the study of a specific approach to all human choices. The paper first shortly...
Persistent link: https://www.econbiz.de/10010616595
The two main ethical approaches, utilitarianism and deontology, have not been able to prevent some of the behaviours underlying the financial crisis. A third ethics, the ethics of care, might have been more effective than the other two in preventing the last financial crisis. The ethics of care...
Persistent link: https://www.econbiz.de/10010624220
This paper will argue for the need to reinsert practical reason into economics. It will first define, classify, and characterize practical reason. Second, it will show how it applies to Economics (Section 3). Then, it will note the presence of this use of reason in the construction of the United...
Persistent link: https://www.econbiz.de/10010974747
Economics has evolved from a 'domain-focused' conception, i.e. the study of specific kinds of human activities, to a 'scarcity-based' conception, i.e. the study of a particular approach to all human choices. It thus enlarged its domain and narrowed its perspective: instrumental maximising. This...
Persistent link: https://www.econbiz.de/10010683307
Tony Lawson's and Uskali Mäki's respective realist projects rely on an ontology of the economy. This paper will not focus on these research projects but will instead try to shed light on them by introducing an ontology of the economy according to Aristotle. Oikonomiké, the seminal term used by...
Persistent link: https://www.econbiz.de/10005554549