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This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
beyond an equilibrium position and setting in motion a competitive process, in order to reach a new equilibrium point. Though …
Persistent link: https://www.econbiz.de/10011895105
We were asked to discuss specific methodological approaches to evaluating three hypothetical interventions. This article uses this forum to discuss three misperceptions about randomized trials. First, nobody argues that randomized trials are appropriate in all settings, and for all questions....
Persistent link: https://www.econbiz.de/10003851843
Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is "incomplete". That is, it has content that can not be revealed with any general...
Persistent link: https://www.econbiz.de/10003894920
The recent crisis of 2008 has revealed several challenges for the economic science, sparking a considerable amount of debate regarding the profession of economists and the role of macroeconomics and monetary policies. The first question that arose was why there was a lack of anticipation of the...
Persistent link: https://www.econbiz.de/10009548646
The ongoing discussion of U.S.-Japanese trade relations suggests that national differences such as in the institutional environment may be relevant for assessing international trade policies. However, economic trade theory often assumes countries to be organized around common notions of complete...
Persistent link: https://www.econbiz.de/10010519050
This work aims to analyze the organizational change that has taken the Cooperative Society of Fishing Production "The Patole", S.C. of R.L. de C.V. It is assumed that as a result of having implemented systems theory, it has improved its organizational development and thus fulfillment of its...
Persistent link: https://www.econbiz.de/10011539662
The ongoing discussion of U.S.-Japanese trade relations suggests that national differences such as in the institutional environment may be relevant for assessing international trade policies. However, economic trade theory often assumes countries to be organized around common notions of complete...
Persistent link: https://www.econbiz.de/10011447859
This paper revisits Keynes's liquidity preference theory as it evolved from the Treatise on Money to The General Theory and after, with a view of assessing the theory's ongoing relevance and applicability to issues of both monetary theory and policy. Contrary to the neoclassical "special case"...
Persistent link: https://www.econbiz.de/10003229836
Outcomes and strategies shown in control questions prior to experimental play may provide subjects with anchors or induce experimenter demand effects. In a Cournot oligopoly experiment we explore whether control questions influence subjects' choices in initial periods and over the course of a...
Persistent link: https://www.econbiz.de/10010222143