Showing 1 - 10 of 9,980
Persistent link: https://www.econbiz.de/10005037410
basis of three structures of the global economy: Trade, Investment and Knowledge Generation. It identifies deficits in all … regarding reform of the Common Agricultural Policy and the question as to whether the investment regime can be governed …
Persistent link: https://www.econbiz.de/10010816721
There is a relationship between predictability and complexity. The problem of evaluating the complexity of the … degree of complexity) and to identify its common sources of evolution that are predictable. In this paper, we evaluate the …
Persistent link: https://www.econbiz.de/10005248495
This article aims to provide some elements of an evolutionary theory of property rights. It applies a systems … complexity as it evolves. Entrepreneurs discover gaps in the property rights system. As they organize production to exploit …
Persistent link: https://www.econbiz.de/10011001823
Since the 1980s, many Italian industrial districts have pointed out a loss of competitiveness, a slow down of growth and even a lack of resources, which were not entirely due to mere negative market business cycles. The research paper, after a brief introduction concerning the main features of...
Persistent link: https://www.econbiz.de/10010670092
Persistent link: https://www.econbiz.de/10005684626
Persistent link: https://www.econbiz.de/10010787692
complexity framework is to foster an ecostructure within which diverse forms of social entrepreneurship can emerge and blossom. …Complexity science—made possible by modern analytical and computational advances—is changing the way we think about … social systems and social theory. Unfortunately, economists’ policy models have not kept up and are stuck in either a market …
Persistent link: https://www.econbiz.de/10011082770
Persistent link: https://www.econbiz.de/10004998728
This paper shows that obligations from debt hinder tacit collusion if equity owners are protected by limited liability. In contrast to its advantageous commitment value in short-run competition, leverage reduces profits from infinite interaction. Contrasting uncorrelated shocks with a cyclical...
Persistent link: https://www.econbiz.de/10009151418