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Butter, Frank A. G. den; Mosch, Robert - 2003

Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …

Persistent link: https://www.econbiz.de/10011334351

The quest for alternatives beyond (neoliberal) capitalism

Serrano, Melisa R.; Xhafa, Edlira - 2011

Capitalism is not the only form of economy. Alternative economies - people's economies - exist in which human needs and relationships are more important than competition and profit. Forms of solidarity economy built on the principles and values of cooperation, equality, self-determination and...

Persistent link: https://www.econbiz.de/10010346840

From casual to causal inference in accounting research : the need for theoretical foundations

Bertomeu, Jeremy; Beyer, Anne; Taylor, Daniel J. - 2017

On December 5th and 6th 2014, the Stanford Graduate School of Business hosted the Causality in the Social Sciences Conference. The conference brought together several distinguished speakers from philosophy, economics, finance, accounting and marketing with the bold mission of debating scientific...

Persistent link: https://www.econbiz.de/10011862386

Tony Atkinson and his legacy

Aaberge, Rolf; Bourguignon, François; Brandolini, Andrea; … - 2017

Persistent link: https://www.econbiz.de/10011967165

Can capitalists afford recovery? : economic policy when capital is power

Bikler, Šimšōn; Nitzan, Jonathan - 2013

Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different question that...

Persistent link: https://www.econbiz.de/10011753880

The crisis in economic theory : a review essay

Hoover, Kevin D. - 2015

The Great Recession and the financial crisis of 2007-09 prompted ca lls for fundamental reforms of economic theory. The role of theory in economics and in recent economic events is considered in light of two recen t books: the sociologist Richard Swedberg's The Art of Social Theory and the...

Persistent link: https://www.econbiz.de/10011600520

What are axiomatizations good for?

Gilboa, Itzhak; Postlewaite, Andrew; Samuelson, Larry; … - 2018

In light of the interest in axiomatic models of decision making in recent years, one is led to ask, in what ways do axiomatic derivations advance positive economics? If economists are interested in predicting how people behave, without a pretense to change individual decision making, how can...

Persistent link: https://www.econbiz.de/10012251204

The elephant in the other room

Veneziani, Roberto; Skillman, Gilbert L. - 2024 - This draft: 12 September 2023

Fabio Petri's Microeconomics for the Critical Mind (2021) is an impressive tour de force in the field of microeconomic theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the mainstream and in the heterodox literature. The book...

Persistent link: https://www.econbiz.de/10014476014

The theory of efficient growth

Van, Germinal G. - 2022

The objective of this paper is to propose an analytical framework to examine the foundations of the theory of efficient growth. The theory of efficient growth is a newly developed theory based on the principles of the neoclassical framework. It argues that an economy grows efficiently under two...

Persistent link: https://www.econbiz.de/10013193767

Sectors and the OECD business cycle

Imbs, Jean - 2000

Persistent link: https://www.econbiz.de/10001512162