Cover -- Zum Inhalt / Zum Autor -- Titel -- Vorwort -- Inhaltsverzeichnis -- Einführung -- 1. Der Markt -und darüber hinaus -- Teil A: Der Verdrängungseffekt -- 2. Alltagserfahrungen -- 3. Psychologischer Hintergrund -- 4. Integration in die Wirtschaftstheorie -- 5. Der Übertragungs-Effekt...

Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the last three decades, advancing more realistic economics. It converges with long-standing heterodox schools, and its theoretical and empirical findings are consistent with older...

Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the last three decades, advancing more realistic economics. It converges with longstanding heterodox schools, and its theoretical and empirical findings are consistent with older...

Many countries are pursuing innovation-led ‘smart' growth, which requires certain types of long-run strategic investments. This paper argues that such investments require public policies that aim to create markets, rather than just ‘fixing' market failures (or system failures). Such...

The Coasean way to deal with the cooperation failure that is implicit in Pareto inefficiency is to remove all possible obstacles to cooperation through the attribution of property rights and the reduction in transaction costs. The relevance of this approach is however undermined by some...

This paper proposes a simple partial equilibrium model to investigate the effects of government policy on venture capital backed investments. Giving up an alternative career, entrepreneurs focus their effort on a single, high risk venture each. Venture capitalists acquire an equity stake and...

This paper proposes a simple partial equilibrium model to investigate the effects of government policy on venture capital backed investments. Giving up an alternative career, entrepreneurs focus their effort on a single, high risk venture each. Venture capitalists acquire an equity stake and...