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Starting from the concept of the Darwinian paradigm that, by using Darwin’s principles of variation, selection, and retention, all domains from biology to economic systems can be explained, the advocates of modern evolutionary epistemology have analysed the role of thoughtful institutional...
Persistent link: https://www.econbiz.de/10011039133
, has always considered sets of individuals with assumed characteristics, namely the level of knowledge, although in an … individuals, was characterised by a certain level of knowledge that, indeed, could be associated with the one of its …, since the very first economic models of the government, it was assumed that the level of knowledge of society, represented …
Persistent link: https://www.econbiz.de/10005398696
This paper constructs the probability space underlying the random variable of any time dependent econometric specification. The construction links concrete economic activity, both perceived and recorded, and econometric formulations. Furthermore, it is argued that the probability events...
Persistent link: https://www.econbiz.de/10005561047
, has always considered sets of individuals with assumed characteristics, namely the level of knowledge, although in an … individuals, was characterised by a certain level of knowledge that, indeed, could be associated with the one of its …, since the very first economic models of the government, it was assumed that the level of knowledge of society, represented …
Persistent link: https://www.econbiz.de/10011502970
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
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
the context of creating new knowledge. In particular, inspirational intuition plays an important role. In contrast, to … human capability to enable unprecedented knowledge with the help of original intuitions. The scientific paper shows the … differences in the potential of inspirational knowledge imagination and helps the management better realize and operationalize …
Persistent link: https://www.econbiz.de/10012704261
available for knowledge generation. There is a special role and relevance of Inspirational Knowledge Imagination, for creating …-estimating Inspirational Knowledge Imagination Inventory (IKII-10). The originally designed questionnaire was tested and extractable principal … and their targeted development. Intuitive competence, in the sense of an inspirational knowledge imagination, can promote …
Persistent link: https://www.econbiz.de/10013499604
Articulate knowledge entails the triad: information, interpretation, and judgment. Information is the reading of the … interpretation were symmetric and final. This move has the effect of flattening knowledge down to information – here dubbed … “knowledge flat-talk.” Economic prosperity depends greatly on discovery, but discovery is often a transcending of the working …
Persistent link: https://www.econbiz.de/10013153446
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/10011929683