Showing 1 - 10 of 652
, including the nature of the shocks leading to the expansion of high standards sector, production technologies, trade effects …
Persistent link: https://www.econbiz.de/10010313377
This paper develops a new methodology in order to study the role of dynamic expectations. Neither reference-point theories nor feedback models are sufficient to describe human expectations in a dynamic market environment. We use an interdisciplinary approach and demonstrate that expectations of...
Persistent link: https://www.econbiz.de/10012022118
The article develops a complex interdisciplinary paradigm, or rather a multiparadigm of bioeconomics, exemplifying the necessary role and the broader horizon of multidisciplinarity through bioeconophysics, in the context of (bio)diversity and modern morality, in a logically investigative and...
Persistent link: https://www.econbiz.de/10011888262
Many results in stochastic analysis and mathematical finance involve local martingales. However, specific examples of strict local martingales are rare and analytically often rather unhandy. We study local martingales that follow a given deterministic function up to a random time γ at which...
Persistent link: https://www.econbiz.de/10010338742
This paper studies the balance constraint (debit=credit) in bookkeeping, its causes and its consequences for accounting. Balance in the ledger is shown to: 1) imply balance in journal entries and vice versa; 2) link the value definitions in the earnings statement and balance sheet; 3) have direct...
Persistent link: https://www.econbiz.de/10012831521
Objective – The objective of this paper is to unfold the nature of excessive behavior in the Islamic economics … analyze content analysis.Findings – The nature of excessive behavior is condemned by Islam and is fully agreed upon by Muslim ….Novelty – This study clarifies the terminology and nature of excessive behavior, which is unclear in previous studies conducted by …
Persistent link: https://www.econbiz.de/10012889608
Winner's percentage, a common measure of electoral competition in winner-take-all elections, measures the shift in vote shares required to produce changes in election outcome. Thus, winner's percentage of the vote cast is a logical measure of winner-take-all competition. It treats equally shifts...
Persistent link: https://www.econbiz.de/10013051776
Among the ecosystem of decentralized financial services, yield farming is a complex investment strategy with hidden downside risks providing opportunities for passively earning income. We characterize the risk and return characteristics of yield farming and show that yield farms dynamically...
Persistent link: https://www.econbiz.de/10014244917
Agent-based modeling is a promising tool for studying emergent macro-phenomena from micro-level mechanisms. We propose a methodology for converting theories about social change into mathematical agent-based models. These models are then analyzed to identify specific relationships between macro...
Persistent link: https://www.econbiz.de/10014139606
“Ordonomics” is a research program that has been developed at the Chair of Economic Ethics at Martin Luther University Halle-Wittenberg. It holds that business actors (persons and organizations) can employ morality as a “factor of production”, and that business ethics can be based on a...
Persistent link: https://www.econbiz.de/10014121192