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The nature, sources and the socio-economic effects of terrorism in Balochistan
Zaman, Nadeem Uz; Ghutai, Gul; Khan, Kaneez Raza - Volkswirtschaftliche Fakultät, … - 2012
Terrorism has badly affected Pakistan and Balochistan is one of its worst – hit provinces. There is no research that … accounts for the nature, sources and effects of terrorism on Balochistan; this study, thus, tried to explore the same. A sample … sample of Quetta city. The results indicated that the nature of terrorism in Balochistan is, at first, Political and is …
Persistent link: https://www.econbiz.de/10009652023
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First principles, fallibilism, and economics
Hoover, Kevin D. - 2017
The role of first principles in economics is examined through the lens of dominant methodological approaches of the classical and neoclassical periods. First principles are most clearly displayed in pure deductive systems. The tension between first principles as the basis for deductivist...
Persistent link: https://www.econbiz.de/10011613817
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Monism in modern science: The case of (micro-)economics
Beckenbach, Frank - 2019
This elaboration starts by deciphering modern science as a social subsystem being loosely coupled to the rest of society (section 2.1). Additionally, the way in which modern (monistic) economics was generated within this subsystem will be sketched (section 2.2). This will be contrasted with the...
Persistent link: https://www.econbiz.de/10012140682
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Perfect competition, market power, and contestability
Budzinski, Oliver; Stöhr, Annika - 2024
The model of perfect competition is one of the most famous, most important, and most misunderstood concepts in economics. Rather than aiming to be a full-blown model of real-world competitive markets, the perfect competition model isolates the decentralized coordination mechanism inherent in all...
Persistent link: https://www.econbiz.de/10014538728
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Power theory of exchange and money
Stefanov, Yaroslav - In: Economies 10 (2022) 1, pp. 1-16
Modern exchange theories model a large market, but do not explain single exchanges. This paper considers the phenomenon of single exchange and formulates the general exchange problem in the form of a system of two equations, subjective and objective. Subjective equilibrium is given by the...
Persistent link: https://www.econbiz.de/10013199967
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Reframing Economic Education : From Plastic Arts to Block Construction
Ahn, Y. - 2012
One reason many college students shun economics is ineffective education. A more systematic way of explanation, with standardization and consistency, would promote learning of economic theories. This paper suggests a new framework for effective economic education. It begins with clear...
Persistent link: https://www.econbiz.de/10013096785
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'At Least I Didn't Lose Money' - Nominal Loss Aversion Shapes Evaluations of Housing Transactions
Stephens, Thomas Alexander - 2012
Loss aversion is one of the most robust findings to have emerged from behavioral economics. Surprisingly little attention, however, has been devoted to nominal loss aversion, the interaction of loss aversion and money illusion. People tend to think of transactions in terms of their nominal...
Persistent link: https://www.econbiz.de/10013099280
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Corporate Tax Reform, Finally, After 100 Years
Yin, George K. - 2014
Future increases to the top income tax rates for individuals and reductions to the corporate tax rate will invite the widespread use of C corporations as tax shelter vehicles, an old problem that has never been addressed successfully. The changes could even resurrect the need for the...
Persistent link: https://www.econbiz.de/10013070884
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Does Wal-Mart Reduce Social Capital?
Carden, Art - 2007
Social capital has attracted increasing attention in recent years. We use county-level and individual survey data to study how Wal-Mart affects social capital. Estimates using several proxies for social capital such as club membership, religious activity, time with friends, and other measures do...
Persistent link: https://www.econbiz.de/10012729868
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The Like-Kind Exchange Equity Conundrum
Borden, Bradley T. - 2008
The tax-free treatment of like-kind exchanges presents one of tax law's most compelling equity conundrums. Tax law generally does not tax property holders on the appreciation in the property's value, but it does tax gain or loss recognized by property sellers and exchangers of non-like-kind...
Persistent link: https://www.econbiz.de/10012773463