After ten rounds of playing the prisoners' dilemma game, subjects were given the possibility of eliminating one of the two actions by plurality. Each subject voted on whether to keep all actions, eliminate D, or eliminate C. After voting, the subject participated in ten more rounds depending on...

"Examines Alexander Hamilton's political economy in relation to Aristotle's classical views of economics, as presented in his Politics, and finds shared support of commerce in pursuit of a regime's or democracy's wider goals" - Provided by publisher

Die Menschen in den ostdeutschen Bundesländern fühlen sich hin- und hergerissen zwischen den Normierungen der DDR-Vergangenheit und den Herausforderungen von Gegenwart und Zukunft. In der Zeit einer ökonomischen Krise und des Scheiterns von politisch geweckten Hoffnungen erweist sich das als...

Main description: Bereits Adam Smith weist darauf hin, dass gute politische Institutionen Wachstum und Entwicklung fördern. Was aber sind gute politische Institutionen, und warum haben sie sich in verschiedenen Ländern unterschiedlich entwickelt? Diese Fragen leiten die Beiträge des...

Demonstrates how ideas in economics have shaped business decisions and models, as well as government policies. Discusses the pace of future innovation, how economists think about the world, and the role and importance of markets and their limits.