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This essay argues that articles in economics, especially in the fields of evolutionary and institutional economics, are as much cited in biology as in economics. The citation analysis conducted in the essay suggests that economics is now becoming the Mecca of biology.
Persistent link: https://www.econbiz.de/10011260607
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the …
Persistent link: https://www.econbiz.de/10011261245
Theory (MMT). In the MMT approach, the state (or any other authority able to impose an obligation) imposes a liability in the …
Persistent link: https://www.econbiz.de/10010754647
This paper makes use of the wealth of materials left by Wisconsin Institutionalists to consider how they thought about economics as public science and as public persuasion. Considered is how the philosophy of pragmatism and an emphasis on empiricism manifested in economics practice at Wisconsin....
Persistent link: https://www.econbiz.de/10012914861
Coase’s work emphasized the economic importance of very small markets and made a new, more marginalist form of economic “institutionalism” acceptable within mainstream economics. A Coasean market is an association of persons with competing claims on a legal entitlement that can be traded....
Persistent link: https://www.econbiz.de/10014196591
This essay argues that articles in economics, especially in the fields of evolutionary and institutional economics, are as much cited in biology as in economics. The citation analysis conducted in the essay suggests that economics is now becoming the Mecca of biology
Persistent link: https://www.econbiz.de/10014162283
Modernity is usually thought as a complex society with clearly differentiated spheres of everyday life. It means, in particular, that economic rules do not interfere with the norms structuring political, social, scientific and other interactions. The complex, differentiated society sharply...
Persistent link: https://www.econbiz.de/10014064324
In 1481 when King John II ascended to the throne of Portugal, it was on the verge of bankruptcy. A quarter of a century later, Portugal all but ruled the world, economically and scientifically – at least. This article seeks to investigate the policy decisions of King John II and his successor,...
Persistent link: https://www.econbiz.de/10014115137
Political economists are learning to adapt network analytics and theories of evolutionary selection to build better models of large-scale socio-economic processes. A complex systems approach offers the conceptual tools to unify these efforts to understand large systems and their macroscopic...
Persistent link: https://www.econbiz.de/10013311430
Why do people give away knowledge in tutoring other people’s children or when mentoring junior employees? Neoclassical economists explain informal learning as rational behavior that arises out of enlightened self interest. They can also justify it as acts that satisfy the agent’s preferences...
Persistent link: https://www.econbiz.de/10014046426