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This paper is about the classic methods used in the analysis of economics. More precisely, the R.B.Q. (Rational, Behavioral, and Quantified) model is about rational economics and behavioral economic analysis in conjunction with the quantification procedure (Q.E. method). Therefore, in this work...
Persistent link: https://www.econbiz.de/10012264619
Hence the crises of great depression affected US economy. Keynes, Minsky, and Kalecki showed the economic approaching of speculative and practical solutionsthat have reviewed for the case of fluctuations. Following the trajectory ofgreat Depression we obtain the thesis for Keynes and Minsky,...
Persistent link: https://www.econbiz.de/10012926121
The Keynesian theory aims at issues that authorities are able to interact with the economy, to face crises and to administrate dysfunctions on the economy. The Keynesian theory uses the demand side effect and not the supply side effect on the economy. The government and the authorities provide...
Persistent link: https://www.econbiz.de/10012872042
This paper aims to represent the special characteristics of rational economics in comparison to the case of the behavioral economics. Therefore, in this analysis are represented these issues, and showed the main differences between the two concepts. Therefore, the mainstream is to show the...
Persistent link: https://www.econbiz.de/10012915379