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Perfect competition, methodologically contemplated

McDermott, John F. M. - In: Journal of post-Keynesian economics : JPKE 37 (2015) 4, pp. 687-703

Persistent link: https://www.econbiz.de/10011618388

Spatial distribution of economic activities

Pablo-Martí, Federico; Arauzo-Carod, Josep Maria - 2011

In this paper we try to identify manufacturing and service clusters in Spain, using data from Mercantile Registers of 2006. The proposed methodology partially follows contributions of Duranton and Overman (2005), Brenner (2003 and 2004) and Ellison and Glaser (1997), but departing from them we...

Persistent link: https://www.econbiz.de/10011549397

Innovation and growth in the city region : microeconomic evidence of asymmetries

Devins, David; Lodorfos, George; Kostopoulos, Ioannis; … - In: International journal of innovation management 20 (2016) 2, pp. 1650032-1-25

Persistent link: https://www.econbiz.de/10011502347

Modern optimization and simulation methods in managerial and business economics : a review

Calvet, Laura; Torre, Rocio de la; Goyal, Anita; … - In: Administrative Sciences : open access journal 10 (2020) 3/47, pp. 1-23

Managerial and Business Economics (ME/BE) aims at using quantitative and computational methods to make an efficient (ideally optimal) assignment of the scarce resources owned by firms and organizations. In the current global market, characterized by a fierce competition, an optimal use of the...

Persistent link: https://www.econbiz.de/10012271362

The behavioral economics of John Maynard Keynes

Schettkat, Ronald - 2018

After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo … or reclassified in the neoclassical synthesis. Keynes' General Theory is truly general. It includes the full … recent results in behavioral economics. Keynes' macroeconomics is the result of his microeconomics. Keynes' theory is a …

Persistent link: https://www.econbiz.de/10011929683

Marriage, quarrels, and lovemaking

Silva, Sergio da; Cordeiro, Werley - In: Studies in microeconomics 11 (2023) 3, pp. 382-388

Persistent link: https://www.econbiz.de/10014424372

Rules of thumb in life-cycle saving decisions

Winter, Joachim; Schlafmann, Kathrin; Rodepeter, Ralf - 2011

We analyse life-cycle saving decisions when households use simple heuristics, or rules of thumb, rather than solve the underlying intertemporal optimization problem. We simulate life-cycle saving decisions using three simple rules and compute utility losses relative to the solution of the...

Persistent link: https://www.econbiz.de/10009375746

Bubbles and crashes in a behavioural finance model

De Grauwe, Paul; Grimaldi, Marianna - 2004

We develop a simple model of the exchange rate in which agents optimize their portfolio and use different forecasting rules. They check the profitability of these rules ex post and select the more profitable one. This model produces two kinds of equilibria, a fundamental and a bubble one. In a...

Persistent link: https://www.econbiz.de/10011401333

Boundedly rational opinion dynamics in social networks : does indegree matter?

Battiston, Pietro; Stanca, Luca M. - 2015

This paper investigates opinion dynamics and social influence in directed communication networks. We study the theoretical properties of a boundedly rational model of opinion formation in which individuals aggregate the information they receive from their neighbors by using weights that are a...

Persistent link: https://www.econbiz.de/10010510796

Observed variability and values matter : toward a better understanding of information search and decisions from experience

Mehlhorn, Katja; Ben-Asher, Noam; Dutt, Varun; … - In: Journal of behavioral decision making 27 (2014) 4, pp. 328-339

Persistent link: https://www.econbiz.de/10010516039