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Persistent link: https://www.econbiz.de/10011399093
ultimately replaced in what follows. The formal point of reference is "the integrated approach to credit, money, income … Theory ; Income ; Profit ; Distributed Profit ; Money ; Flow ; Residual ; Transaction Matrix ; General Complementarity … that the accounting approach could do even better, provided it frees itself from theoretically ill-founded notions like GDP …
Persistent link: https://www.econbiz.de/10009618905
Modern economies rely heavily on their infrastructure networks. These networks face threats ranging from natural disasters to human attacks. As networks are pervasive, the investments needed to protect them are very large; this motivates the study of targeted defense. What are the 'key' nodes to...
Persistent link: https://www.econbiz.de/10012010071
While many theoretical works, particularly in Family Economics, rely on the Transferable Utility (TU) assumption, its exact implications in terms of individual preferences have never been fully worked out. In this paper, we provide a set of necessary and sufficient conditions for a group to...
Persistent link: https://www.econbiz.de/10013189034
Persistent link: https://www.econbiz.de/10014363721
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
Persistent link: https://www.econbiz.de/10010284102
Although firms devote a great deal of resources to promoting high ethical standards, little is known about how deceptive information transmission affects behavior in these environments. We find evidence for ripple effects of deceptive reporting—that victims of lies pay lies forward—and show...
Persistent link: https://www.econbiz.de/10011518977
Hydraulic fracturing has been a game changer for the energy field, bringing to mind the “nothing in excess” carving at Delphi. Whether heeding ancient oracles or cutting-edge principles of calibration, I argue that dynamic governance innovation can facilitate climate-energy-water balancing...
Persistent link: https://www.econbiz.de/10013086229
Although rebates are widely employed, redemption is not effort-free, and the hassle of redemption is an important decision variable for buyers. The current research examines the impact of hassle cost on optimal rebate strategy. An analytical model is developed that simultaneously determines the...
Persistent link: https://www.econbiz.de/10012907028
Property law plays a crucial role in the ability of groups, especially ones composed of geographically-adjacent members, to establish and maintain significant forms of quot;communityquot; around a social, economic, or ideological shared interest. Property may also have, however, the opposite...
Persistent link: https://www.econbiz.de/10012766684