Showing 1 - 10 of 92
<title>Abstract</title> On the basis of the 19th century mathematical economics literature initiated by Cournot, the paper shows the coexistence of two contrasting views of competition, which may be associated, as already suggested by Edgeworth, with the two themes of peace and war. According to the first view...
Persistent link: https://www.econbiz.de/10010975919
<title>Abstract</title> Cournot's <italic>Recherches</italic> contains a sketch of the general equilibrium research programme, as well as the model of an exchange economy as a system verifying Walras' law. General equilibrium analysis had nonetheless to wait for Walras to occupy the centre of theoretical economics, since it...
Persistent link: https://www.econbiz.de/10010975961
[eng] The question of the wages-employment relationship stemmed from the statistical invalidation by Dunlop and Tarshis, immediately after the publication of the General Theory, of a conjecture formulated by Keynes on the alleged negative correlation between real and money wages. All three...
Persistent link: https://www.econbiz.de/10010977421
[ger] Investition, Leistungsfähigkeit und Koordination im Unternehmen, . von Rodolphe Dos Santos Ferreira, Philippe Michel, Jacques Thépot.. . Mit dem Investitionsmodell eines Unternehmens lassen sich zwei Arten von Verhaltensweisen miteinander vergleichen: die naive und die rationale...
Persistent link: https://www.econbiz.de/10010977887
We present a comprehensive model of household economic decision covering both full cooperation and noncooperation as well as semi-cooperative cases, varying with income distribution and a parameter vector <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$\theta $$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mrow> <mi mathvariant="italic">θ</mi> </mrow> </math> </EquationSource> </InlineEquation> representing degrees of individual autonomy with respect to the...</equationsource></equationsource></inlineequation>
Persistent link: https://www.econbiz.de/10010993623
Since the seminal work of Becker, the analysis of endogenous fertility has been based on the trade-off faced by parents between the quantity and the quality of their children. In order to have an interior solution, the model assumes that in case children work, still they get positive income from...
Persistent link: https://www.econbiz.de/10010861935
Persistent link: https://www.econbiz.de/10010935387
Since the seminal work of Becker, the dynamics of endogenous fertility has been based on the trade-off faced by parents between the quantity and the quality of their children. However, in developing countries, when child labor is an indispensable source of household income, parents actually...
Persistent link: https://www.econbiz.de/10011004040
In Keynes’ beauty contest, agents have to choose actions in accordance with an expected fundamental value and with the conventional value expected to be set by the market. In doing so, agents respond to a fundamental and to a coordination motive respectively, the prevalence of either motive...
Persistent link: https://www.econbiz.de/10011251790
Persistent link: https://www.econbiz.de/10005305223