Similar Search Results

Fiscal Sustainability in Emerging Market Countries with an Application to Ecuador

Alvarado, Carlos Díaz; Izquierdo, Alejandro; Panizza, Ugo - 2004

This paper surveys the recent literature on fiscal sustainability, with particular emphasis on emerging market countries. It discusses the main elements that differentiate emerging market countries from industrial countries and then discusses how probabilistic models can help to evaluate fiscal...

Persistent link: https://www.econbiz.de/10010327194

The autocatalytic character of the growth of production knowledge: What role does human labor play?

Brenner, Thomas; Cordes, Christian - 2004

This paper analyzes how the qualitative change in human labor occurs in mutual dependence with the advancement of the epistemic base of technology. Historically, a recurrent pattern can be identified: humans learned to successively transfer labor qualities to machines. The subsequent release of...

Persistent link: https://www.econbiz.de/10010327342

Accounting for Evolution: An Assessment of the Population Method

Metcalfe, John S. - 2004

Growth dynamics and structural change are the two central features of variation / selection processes within populations. This paper explores them in terms of three themes, or sets of accounts, namely Logistic Growth Accounting, Competition Accounting and the Price Theorem. The accounting...

Persistent link: https://www.econbiz.de/10010327343

Strategic Interaction and Externalities: FD-games and pollution

Joosten, Reinoud - 2004

To analyze strategic interaction which may induce externalities, we designed Bathroom Games with frequency-dependent stage payoffs. Two people regularly use a bathroom, before leaving they can either clean up the mess made, or not. Cleaning up involves an effort, so this option always gives a...

Persistent link: https://www.econbiz.de/10010327344

Empirical Calibration of Simulation Models

Werker, Claudia; Brenner, Thomas - 2004

This paper discusses how the results of simulation models can be made more reliable and the method of simulating therefore more widely applicable. We suggested to calibrate simulation models empirically and developed a methodology based on Critical Realism in order to so. We suggested combining...

Persistent link: https://www.econbiz.de/10010327346

Ernst Abbe's Scientific Management: Theoretical Insights from a 19th Century Dynamic Capabilities Approach

Buenstorf, Guido; Murmann, Johann Peter - 2003

striking parallels to important contemporary theories of organization such as the Resource-Based Theory of the Firm and the … related Dynamic Capabilities Theory of the Firm, and are even today able to indicate issues that warrant further theoretical … them into relation to present-day management theory. …

Persistent link: https://www.econbiz.de/10010327347

Sustainable consumption and consumer sovereignty

Schubert, Christian; Chai, Andreas - 2012

There is a growing consensus in Ecological Economics that consumer preferences are neither fixed nor given, but rather endogenously determined by socio-economic and institutional factors. Hence, policy may promote green preferences directly. Yet any intervention in processes of preference...

Persistent link: https://www.econbiz.de/10010327351

Opportunity and preference learning

Schubert, Christian - 2012

Robert Sugden has recently elaborated upon the case for a normative standard of freedom as opportunity that is supposed to cope with the problem of how to realign normative economics - with its traditional rational choice orientation - with behavioral economics. His standard, though, presupposes...

Persistent link: https://www.econbiz.de/10010327357

Economic cosmology and the evolutionary challenge

Gowdy, John M.; Dollimore, Denise E.; Wilson, David Sloan; … - 2012

discusses three very old cosmologies in Western thought, how these play out in economic theory, and how evolutionary biology can … help evaluate their validity and policy relevance. These cosmologies, as manifested in economic theory are, (1) rational …

Persistent link: https://www.econbiz.de/10010327358

The impact of differential satiation dynamics on changing consumer behavior, wellbeing, and innovative activity

Lades, Leonhard K. - 2012

This paper presents a formal model in which differential satiation dynamics of various consumer needs translate into long-run changes of consumer behavior when income rises. In the model individuals allocate their income to the consumption categories proportional to need deprivation states...

Persistent link: https://www.econbiz.de/10010327361