This article analyses the social consumption of cultural products by Spaniards from the standpoint of microeconomics and sociology. By comparing Lancaster's ``new consumer theory'' to Bourdieu's theory, we show the usefulness of simultaneous analysis of consumption from both perspectives. The...

A political economy approach to explaining the existence of different human resource strategies is developed in this article ? in short: a political personnel economy. The starting point is a critical analysis of the abstinence of politics and power and the resulting explanation deficiencies of...

Since the 1950s economists have been building a theory of aggregate consumer spending, seeking to understand how individual households choose to spend and how their choices change when interest rates, the unemployment rate, and other economic indicators change. Before that time, economists...

This paper attempts to analyze “central place theory” of spatial economics based on “supply and demand theory” in microeconomics and “field theory” in physics, and also discuss their relationship. Three most important research findings are described below. Firstly, the concept of...

Since the process of globalization era, we can always lived in economics of knowledge. The cicle of economics founded on knowledge are compost by three components: the investment in knowledge; the production and the diffusion of information technology and communication (ITC) and the institutional...

Resumen El objetivo de este documento es entender, clasificar y proporcionar un importante resumen de los rasgos fundamentales de la macroeconomía con fundamentos microeconómicos y la macroeconomía como soporte de la microeconomía. Este documento puede ser interesante para aquellos que...

In many countries the state heavily intervenes in the agricultural sector. For instance, domestic prices of agricultural products are regulated by import quotas, export subsidies and intervention prices. Furthermore, coupled or decoupled payments as well as several other subsidies (e.g. for...

Stochastic games offer a rich mathematical structure that makes it possible to analyze situations with heterogeneous and interacting economic agents. Depending on the actions of the economic agents, the economic environment changes from one period to another. We focus on stationary equilibrium,...

We analyze a principal-agent model in which a principal has two possibilities to improve his knowledge about the quality of an investment project. First, he has access to an informationtechnology that provides a \textit{verifiable}, unbiased signal. Second, he can hire an agent who detects bad...