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. Lipietz's account can be criticized in two respects. First, his attempt to integrate the familiar Morishima-type approach with …
Persistent link: https://www.econbiz.de/10011072266
Spanish Abstract: La incertidumbre en sentido radical no es probabilística, pero como no hay una noción de probabilidad única esta definición general es insuficiente. El artículo presenta en forma histórica las definiciones equiprobabilista, frecuentista y bayesiana de la probabilidad y...
Persistent link: https://www.econbiz.de/10012978272
Marshall's notion of the representative firm can be read as a macro notion with some resemblance to Keynes' aggregative concepts. Keynes' notions of aggregate demand and aggregate supply are fashioned after Marshall's definitions of demand and supply. Keynes starts with the Marshallian...
Persistent link: https://www.econbiz.de/10008515855
exchange, dynamic general equilibrium and optimal growth theory, excess demand correspondences, monotonicity of demand …
Persistent link: https://www.econbiz.de/10013086425
The paper aims to show how the formal revolution in economics has influenced the developments of Rational Choice and Game Theory in Political Science. Our focus will be on American political scientist William H. Riker (1920-1993). We want to show how Riker used game theory and adapted it to...
Persistent link: https://www.econbiz.de/10013259725
Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The marginalists - especially Jevons and Walras - viewed...
Persistent link: https://www.econbiz.de/10011761426
-round debate with the editors of The Nation over the economics of trade liberalization in the case of a proposed trade treaty with …
Persistent link: https://www.econbiz.de/10011761427
Neoclassical economists of the current era frequently pay lip service to Adam Smith's theories to certify the validity of natural-laws-based, laissez-faire policies. However, neoclassical theories are fundamentally disconnected from Adam Smith's notion of value, his understanding of the economic...
Persistent link: https://www.econbiz.de/10011784683
Jan Tinbergen and Milton Friedman were both very much inspired making economic theory work, applying it in service of society. The Tinbergen approach - the economist as Social Engineer - was exported to Chicago in the 1940s where one of Tinbergen's students - Tjalling Koopmans - became a...
Persistent link: https://www.econbiz.de/10013156464
Cultural related business research requires robust frameworks for analysis and application of this complex phonomena. Business research has largely relied upon and applied Hofstede's dimensions to cultural problems. This study investigates and discusses plausible alternatives (Triandis,...
Persistent link: https://www.econbiz.de/10013157596