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Ken Kam and Market Efficiency
Klein, Daniel B. - In: Econ Journal Watch 1 (2004) 1, pp. 185-191
better "beta." His discovery is not aptly described as merely new information, and thus illustrates the point that knowledge … ought not be flattened down to mere information. Does Ken Kam's mutual fund falsify the so-called market efficiency …
Persistent link: https://www.econbiz.de/10008484321
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Economics and the Diffusion of Communication and Information Technologies: Joseph Schumpeter and the Self-organisation Approach
FOSTER, JOHN - In: Prometheus 15 (1997) 1, pp. 57-71
information technologies. The objective of this paper is to offer an economic approach which is better suited to understanding …
Persistent link: https://www.econbiz.de/10009188741
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Economic analysis of knowledge: The history of thought and the central themes
Leppälä, Samuli - 2012
Following the development of knowledge economies, there has been a rapid expansion of economic analysis of knowledge, both in the context of technological knowledge in particular and the decision theory in general. This paper surveys this literature by identifying the main themes and...
Persistent link: https://www.econbiz.de/10011592194
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The behavioral economics of John Maynard Keynes
Schettkat, Ronald - 2018
After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo-) classical at the micro-level, but Keynesian at the macro-level. In actuality, Keynes' revolution was, to a substantial part, based on the behavioral micro-foundations of the world we...
Persistent link: https://www.econbiz.de/10012140491
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Animal spirits: Die verhaltensökonomischen Grundlagen der Keynesschen Theorie
Schettkat, Ronald - 2018
Keynes' General Theory (GT) ist in zweierlei Hinsicht umfassender als das (neo-) klassische Modell: (1) sie schließt das Vollbeschäftigungsgleichgewicht als Sonderfall ein und (2) sie basiert auf realistischem mikroökonomischem Verhalten, dessen sozial isolierter, den Eigennutz maximierender...
Persistent link: https://www.econbiz.de/10012140492
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From Information to Knowledge: Business Intelligence Usage and Perspectives
Ravlić, Damir - 2015
, we are usually swamped with unnecessary information. The problem is how to extract the essential data for decision … business information management is one of the modern systems that offered the possibility of a comprehensive and efficient … usage of information. The concept of business information management also provides usage of the remaining collected data and …
Persistent link: https://www.econbiz.de/10011920251
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The Role of Lead Business Analyst in the Contemporary Enterprise Reporting Process
Grdošić, Lidija; Avdić, Ammar - 2018
The term business intelligence can be defined as a group of widely used ICT tools that gather all kinds of complex data concerning a certain organisation and compiles them into reports that are meaningful, exact and delivered on time. Those tools can provide meaningful insights into the state of...
Persistent link: https://www.econbiz.de/10011920470
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Interactive Unawareness and Speculative Trade
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2003
The standard state-spaces of asymmetric information preclude non- trivial forms of unawareness (Dekel, Lipman and … standard information structures with strong properties of knowledge. …
Persistent link: https://www.econbiz.de/10010263088
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Optimistic, but not in control: Life-orientation and the theory of mixed control
Urbig, Diemo; Monsen, Erik - 2009
Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one's life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or chance....
Persistent link: https://www.econbiz.de/10010266644
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Asymmetry of the information and the knowledge between owners and workers in large family companies, as the determinant of their success
Maj, Ireneusz - 2015
In the majority economic areas of the world, family businesses are the overwhelming majority, it is certain in the case of small and medium-sized busi-nesses. Large family companies - in opposition to common opinion - are not the economy margin. It is other way round, they are not directly...
Persistent link: https://www.econbiz.de/10012232308