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Unlimited Growth and Innovation : Paradise or Paradox?
Sutter, Andrew J. - 2010
Ever since the dire predictions of The Limits to Growth (Meadows & al. 1972) failed to come true on time, it's been all too easy to ridicule environmentally-based arguments against economic growth as pessimistic and "Malthusian." In contrast, this paper accepts, for the sake of argument, the...
Persistent link: https://www.econbiz.de/10014189105
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Towards a theory and policy of eco-innovation : neoclassical and (co-)evolutionary perspectives
Rennings, Klaus - 1998
potentially beneficial effects of a specific eco-innovation policy (especially in the invention phase) may lead to excessive …Innovation processes toward sustainable development (eco-innovations) have received increasing attention during the … need can be identified to improve our understanding of innovation processes toward sustainability in their different …
Persistent link: https://www.econbiz.de/10011441633
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Are "flow of ideas" and "research productivity" in secular decline?
Cauwels, Peter; Sornette, Didier - 2020
Persistent link: https://www.econbiz.de/10012419496
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Trapped in the "zero-risk" society and how to break free
Sornette, Didier; Cauwels, Peter - 2020
We live in a ‘zero-risk society', characterized by a culture that is obsessed with controlling and removing any possible risks. Obviously, one of the fundamental objectives of any civilization is to improve the safety and security of its citizens. However, we should not let the cozy comfort...
Persistent link: https://www.econbiz.de/10012271226
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A generalized unification theorem for choice theoretic foundations : avoiding the necessity of pairs and triplets
He, Junnan - 2012
This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in literature rest upon the ability to choose over budget sets that contains only 2 or 3 elements, the situations which are not observable in real life. In order to give a more...
Persistent link: https://www.econbiz.de/10009528925
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Homo oeconomicus and behavioral economics
Brzezicka, Justyna; Wisniewski, Radosław - In: Contemporary economics 8 (2014) 4, pp. 353-364
Recent years have witnessed a growing interest in behavioral trends in both economic theory and practical applications. As a science with vast potential for explaining complex market behaviors, behavioral economics is drifting away from the classical model of homo oeconomicus deployed by...
Persistent link: https://www.econbiz.de/10010520903
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Hierarchy of ideals in market interactions : an application to the labor market
Charles, Aurélie - 2013
This paper argues that a hierarchy of ideals exists in market interactions that sets the benchmark on the norm of fairness associated with these interactions, thus affecting pricing decisions associated with market exchange. As norms emerge, an ideal determines the criteria of optimal behavior...
Persistent link: https://www.econbiz.de/10010202248
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Aggregate effects of behavioral anomalies : a new research area
Frey, Bruno S.; Gallus, Jana - 2014
Much recent research in economics focuses on exploring behavioral anomalies, i.e., systematic deviations from the assumptions of the rationally self-interested model of man. Laboratory studies are used to identify seeming inconsistencies with micro-economic theory on the level of individuals....
Persistent link: https://www.econbiz.de/10010340383
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Anchoring in economics : on Frey and Gallus on the aggregation of behavioural anomalies
Earl, Peter E. - 2014
This paper examines the research area identified by Frey and Gallus (Aggregate Effects of Behavioral Anomalies: A New Research Area, 2014) and the relationship between it and the choices that economists make. It supports the Frey and Gallus view that, as a consequence of individuals employing...
Persistent link: https://www.econbiz.de/10010407517
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The Veblenian roots of Institutional Political Economy
Ford, Kirsten - 2011
The term “Institutional Economics” has been applied to some of capitalism's strongest critics as well as its most ardent apologists. This paradox in terms has bred contradictory literature in development economics, some declaring the death of this line of thought while others herald its...
Persistent link: https://www.econbiz.de/10008937580