Showing 1 - 10 of 641,655
utility theory. Beyond feelings, economic theorists use full-fledged specific emotions to explain behavior that otherwise …Positive and negative feelings were central to the development of economics, especially in utility theory in classical … economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in …
Persistent link: https://www.econbiz.de/10011543809
economics, especially in the form of �revealed preference�theory. We aim to (i) clear up some common conceptual confusions about …
Persistent link: https://www.econbiz.de/10011258839
In Albers & Albers (Spring, 2013) we demonstrated that the historic development of U.S. real GNP, 1869-present, may be structured in recurring 14-year periods. A steady-state rate of growth of 3.4969% is thereby calculated, generating an increase in real GNP proportional to the famous “Golden...
Persistent link: https://www.econbiz.de/10011260122
utility theory. Beyond feelings, economic theorists use full-fledged specific emotions to explain behavior that otherwise …Positive and negative feelings were central to the development of economics, especially in utility theory in classical … economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in …
Persistent link: https://www.econbiz.de/10012981507
affects economic decisions based on the principles advocated by Weiner's (1985, 1986) attribution theory (AT) of motivation … and emotion. Prior research in this area considered only subsets of the dimensions employed by the theory. We test the …
Persistent link: https://www.econbiz.de/10010597554
Recent years have witnessed a growing interest in behavioral trends in both economic theory and practical applications …
Persistent link: https://www.econbiz.de/10010520903
Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional …
Persistent link: https://www.econbiz.de/10010238281
Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...
Persistent link: https://www.econbiz.de/10010412852
An evolutionary perspective on economic behavior has to account for the influences that the human genetic endowment has on the choices the agents make. Likely to have been fixed in times of fierce selection pressure, this endowment is presumably adapted to the living conditions of early humans....
Persistent link: https://www.econbiz.de/10008758980
Regulatory arbitrage — defined as the manipulation of regulatory treatment for the purpose of reducing regulatory costs or increasing statutory earnings — is often seen in heavily-regulated industries. An increase in the regulatory nature of copyright, coupled with rapid technological...
Persistent link: https://www.econbiz.de/10012899681