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The article distinguishes the scientist of the opinable thing, because the epistemology must explain: the nature and the path to obtain the concepts and scientific theories; the methodology with which one threads the laws and theories that give sustenance to sciences. This is the importance of...
Persistent link: https://www.econbiz.de/10005551541
The canonical bargaining game in economics is the ultimatum game, played by tens of thousands of students around the world over the past three decades. In the ultimatum game, first studied by Werner Guth, Rolf Schmittberger, and Bernd Schwarze (1982), the “proposer” proposes how to split a...
Persistent link: https://www.econbiz.de/10010539586
.By using developments in other human sciences, study opens the road leading to more realistic economic theory. …
Persistent link: https://www.econbiz.de/10009422026
The article addresses the question 'What makes an e-shop successful?' by providing various reference models. These reference models are for the obvious retail evolution, for quality and retail sales, for pricing and quality of products, and for pricing and quality of the sales process (i.e.,...
Persistent link: https://www.econbiz.de/10009353079
This paper is a critical examination of the notion of equilibrium in the classical theory of value. It highlights the … theoretical importance as well as the problems associated with the notion of equilibrium in the classical theory and goes on to … argue that Sraffa presents a theory of value within the classical tradition that does not require a notion of equilibrium of …
Persistent link: https://www.econbiz.de/10009365330
In all health care systems exists governmental regulation, as the market for health is unanimously regarded as imperfect. The German health care market is a good example for strongly regulated market in nearly each submarket, partially the determination of prices. Reimbursement of health goods...
Persistent link: https://www.econbiz.de/10008596493
The aim of this paper is to compare New Keynesian and Post Keynesian economics on the theory of prices. In the past two … takes up the question of whether these study findings are compatible with the Post Keynesian theory of prices. On a deeper … level, the paper explores the compatibility between the new Keynesian and Post Keynesian theory of prices. …
Persistent link: https://www.econbiz.de/10008741357
Persistent link: https://www.econbiz.de/10010833139
rests on a theory of fuller employment that operates in the long run as well as the short run. It is somewhat similar to … Keynesian theory and yet also distinct and complementary. If the approach is implemented either alone or in conjunction with … Keynesian policies, the fuller employment and broader distributive benefits may surpass expectations based on Keynesian theory …
Persistent link: https://www.econbiz.de/10010732215
Persistent link: https://www.econbiz.de/10010863647