The peer review process typically has multiple evaluators. Too often editors rely on the Union Heuristic, which requires authors to perform all requested tests and extensions suggested by referees and editors, with results confirming the paper’s message. The Union Heuristic is easy, but has...

<p>Despite the crucial importance of high quality reviewing for the scientific process, new scholars often learn how to do this based on casual advice and trial-and-error learning. We offer a checklist that helps referees systematically develop high quality referee reports and avoid some of the...</p>

This paper investigates the potential impacts of the degree of divergence in open macroeconomic policies in the context of the trilemma hypothesis. Using an index that measures the extent of policy divergence among the three trilemma policy choices—monetary independence, exchange rate...

The paper analyses some of the challenges that economic sciences face during theglobal crisis. Ideologically, the crisis caused a fierce debate between the adherents of theultraliberal theory regarding Adam Smith‘s ‘invisible hand‘ and the supporters of stateinterventionism suggested by...

The various crises require a different paradigm for business theory and practice. For this special issue contributors were asked to conceptualize such an alternative paradigm and propose and discuss heretofore unnamed phenomena. We present six contributions from renowned experts in the field...

A model of decentralized markets is studied, in which transactors follow simple adaptive rules. Transactions are coordinated by specialist trading firms that bear the costs of market disequilibrium. Starting from an initially autarkic situation in which none of the institutions that support...

The magnitude and multidimensional nature of climate change demonstrate the need for clear guardrails to ensure sustainable economic development and give Nigeria a chance at its net zero target. Desertification in the north, floods and erosion in the south, and the associated economic...

This paper provides an application oriented analysis of a multiple constraint scheduling procedure called SLSP, which is designed to batch and sequence production orders simultaneously. The Simultaneous Lotsizing and Scheduling Procedure (SLSP) is easy to implement in a Shop Floor Control System...

The U.S. economy faces a fundamental structural and institutional crisis that requires major changes in economic policy and far reaching programs including: a) a federally funded permanent living wage jobs program mostly funded through transactions taxes on finance; b) emergency measures to cap...

This article hypothesizes that economic reforms become sustainable when the discursive conditions prevailing in society tip against the existing paradigm under exceptional circumstances. Thus, unless the pro-liberalization constituencies dominate the development discourse, economic reforms,...