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This monograph sets the stage for experiments by first examining a sample data set that looks very much like the typical historical data one gathers from the field, only it was actually generated in the laboratory so that we know what really went on. The example demonstrates how misleading the...
Persistent link: https://www.econbiz.de/10010883377
Government regulation is ubiquitous today in rich and middle-income countries--present in areas that range from workplace conditions to food processing to school curricula--although standard economic theories predict that it should be rather uncommon. In this book, Andrei Shleifer argues that...
Persistent link: https://www.econbiz.de/10010535212
The theme of micro-foundation of economic theory has not been adequately addressed. This is true even of those who pioneered the area of micro-foundation of macro-economics. The great missing link in economic theory, both of micro-economics and macro-economics, is the inability to...
Persistent link: https://www.econbiz.de/10008513339
Outlines the difference between the attitude of Menger and that of Böhm-Bawerk to Roscher's economic system. Argues that this difference symbolizes the difference in their theoretical contributions in the field of interest theory. Contrasts Menger's use of theoretic assumption with...
Persistent link: https://www.econbiz.de/10005003338
The well-known modes of raising and mobilizing venture capital in Islam known as mudarabah and musharakah (m&m) in Islamic economics are critically examined. In the form as m&m presently exist, they are pointed out to be pre-Islamic financing instruments that came into usage in the Islamic...
Persistent link: https://www.econbiz.de/10005009744
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 … in behavioral finance, and identifies both its strengths and weaknesses. In doing so, it identifies possible directions …
Persistent link: https://www.econbiz.de/10010693712
The present study aims, within the mainframe of the Patristic teaching on the link between the acquiring of knowledge by means of scientific reasoning and that by religious belief, to emphasize the epistemological need for and use of the “scientific knowledge assisted by grace” and then to...
Persistent link: https://www.econbiz.de/10010965558
Due to the significant share of the related parties’ transactions (approx. 60% of the international trade) and due to the importance of multinational financial institutions in the global economy, the transfer pricing area offers a wide range of opportunities for the economic planning of the...
Persistent link: https://www.econbiz.de/10010965630
Persistent link: https://www.econbiz.de/10010965699
Summarises developments in the methodology of estimating requirements for skilled labour, and considers implications for employment in developing and centrally planned economy countries.
Persistent link: https://www.econbiz.de/10010966154