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638161
Too much information sharing? Welfare effects of sharing acquired cost information in oligopoly
Ganuza, Juan José
;
Jansen, Jos
-
2010
By using general information structures and precision criteria based on the dispersion of conditional expectations, we study how oligopolists' information acquisition decisions may change the effects of information sharing on the consumer surplus. Sharing information about individual cost...
Persistent link: https://www.econbiz.de/10010286731
Saved in:
638162
Herr Schumpeter and the classics
Steedman, Ian
;
Metcalfe, Stan
-
2011
Schumpeterian, evolutionary
theory
of innovation and competition, and the classical, Sraffian
theory
of prices and distribution. Can …
Persistent link: https://www.econbiz.de/10010286734
Saved in:
638163
Environmental and climate innovation: Limitations, prices and policies
van den Bergh, Jeroen C. J. M.
-
2010
There is currently much hope about environmental innovation and green technologies, notably as a response to the threat of climate change. This paper offers a critical perspective on the role of technological innovation to solving environmental problems, based on considering empirical economic...
Persistent link: https://www.econbiz.de/10010286735
Saved in:
638164
Economic behavior: Evolutionary vs. behavioral perspectives
Witt, Ulrich
-
2010
An evolutionary perspective on economic behavior has to account for the influences that the human genetic endowment has on the choices the agents make. Likely to have been fixed in times of fierce selection pressure, this endowment is presumably adapted to the living conditions of early humans....
Persistent link: https://www.econbiz.de/10010286736
Saved in:
638165
Evolution and complexity in economics revisited
Dopfer, Kurt
-
2011
The paper discusses recent trends in the sister sciences of evolutionary economics and complexity economics. It suggests that a unifying approach that marries the two strands is needed when reconstructing economics as a science capable of tackling the two key questions of the discipline: complex...
Persistent link: https://www.econbiz.de/10010286737
Saved in:
638166
Darwinian paradigm, cultural evolution and human purposes: On F.A. Hayek's evolutionary view of the market
Vanberg, Viktor J.
-
2011
The claim that the Darwinian paradigm of blind-variation-and-selective-retention can be generalized from the biological to the socio-cultural realm has often been questioned because of the critical role played by human purposeful design in the process of cultural evolution. In light of the issue...
Persistent link: https://www.econbiz.de/10010286738
Saved in:
638167
Social dilemmas, time preferences and technology adoption in a commons problem
Joosten, Reinoud
-
2011
Agents interacting on a body of water choose between technologies to catch fish. One is harmless to the resource, as it allows full recovery; the other yields high immediate catches, but low(er) future catches. Strategic interaction in one objective resource game may induce subjective games in...
Persistent link: https://www.econbiz.de/10010286741
Saved in:
638168
Towards an incentive salience model of intertemporal choice
Lades, Leonhard K.
-
2011
This theoretical paper presents an incentive salience model of intertemporal choice. The model is a variation of the quasi-hyperbolic discounting model. Based on the distinction between wanting and liking, the paper presents one possible explanation of impulsive choices of smaller sooner rewards...
Persistent link: https://www.econbiz.de/10010286743
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638169
The firm as a Darwin machine: How Generalized Darwinism can further the development of an evolutionary
theory
of economic growth
Stoelhorst, J. W.
-
2010
of evolutionary
theory
to the development of concrete middle-range theories of specific economic phenomena. The purpose … can further the development of an evolutionary
theory
of economic growth. I will demonstrate the value of generalized … integrate the strengths of these three theories. The result of this exercise is a
theory
of the firm as a Darwin machine that …
Persistent link: https://www.econbiz.de/10010286744
Saved in:
638170
Competition as an ambiguous discovery procedure: A reappraisal of Hayek's epistemic market liberalism
Witt, Ulrich
-
2011
Epistemic arguments play a significant role in Hayek's defense of market liberalism. His claim that market competition is a discovery procedure that serves the common good is a case in point. The hypothesis of the markets' efficient use of existing knowledge is supplemented by the idea that...
Persistent link: https://www.econbiz.de/10010286745
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