Showing 61 - 70 of 12,439
The article deals with the relation between assumptions of economic theories and their political implications. Two canons of economic science are being analyzed according to the degree of abstraction. A hypothesis is that the more abstract formal canon is connected with a liberal kind of...
Persistent link: https://www.econbiz.de/10010860880
Persistent link: https://www.econbiz.de/10010905340
Paolo Sylos Labini's Oligopoly Theory and Technical Progress (1957) is considered one of the major contributions to entry-prevention models, especially after Franco Modigliani's famous formalization. Nonetheless, Modigliani neglected Labini's major aim when reviewing his work (JPE, 1958),...
Persistent link: https://www.econbiz.de/10010907626
The paper contrasts early theories of the utility function (starting with Bentham and elaborated by Jevons) with the modern theory (laid down by Fisher and Samuelson).  The former include in the utility function not only the sensation of current events but also the memory of past events and the...
Persistent link: https://www.econbiz.de/10011004132
Cet article réexamine l'apport de Pellegrino Rossi à la loi de l'offre et de la demande par rapport aux contributions de Say, Ricardo ou Smith. Il montre que Rossi développe une théorie de la valeur originale qui emprunte à la fois à la pensée classique anglaise et à la pensée...
Persistent link: https://www.econbiz.de/10011274989
The model of Homo economicus has often been criticized as unrealistic. In particular, it has been found lacking for allegedly assuming that people are selfish, an assumption which is contradicted by both introspection and empirical evidence. The aim of this paper is to show that never in the...
Persistent link: https://www.econbiz.de/10011277208
This paper examines the history of the neoclassical theory of consumer demand from 1871 to 1971 by bringing into play the knowledge theory of the Marburg School, a Neo-Kantian philosophical movement. The work aims to show the usefulness of a Marburg-inspired epistemology in rationalizing the...
Persistent link: https://www.econbiz.de/10005076653
This paper is part of a larger research project on the evolution of the Perfect Competition concept in a historical perspective. We try to follow the changes this concept has gone through from the different alternative views during the so-called Marginal Revolution" towards the consolidation of...
Persistent link: https://www.econbiz.de/10005262659
The paper presents three different reconstructions of the 1980s boom of game theory and its rise to the present status of indispensable tool-box for modern economics. The first story focuses on the Nash refinements literature and on the development of Bayesian games. The second emphasizes the...
Persistent link: https://www.econbiz.de/10009323925
The goal of the paper is to investigate the extent of the influence of American antitrust tradition on the foundation and early years of European competition policy. This as part of a wider research program aiming at assessing the role of economic theory in the development of antitrust law and...
Persistent link: https://www.econbiz.de/10009323937