Results 111 to 120 of about 886,380 (325)
Law by human intent or evolution? Some remarks on the Austrian school of economics' role in the development of law and economics [PDF]
In the late nineteenth century, economic analysis of law experienced an outright rejection by the German-speaking legal community. In the second half of the twentieth century, it became a dominant approach in American legal inquiry.
Grechenig, Kristoffel, Litschka, Michael
core
Impact of Sovereign Debt Maturity on Fiscal Sustainability
ABSTRACT This study is the first to investigate the impact of the term structure of public debt on fiscal sustainability. We adopt the widely used backward‐looking measure of fiscal sustainability—fiscal responsiveness as proposed by Bohn. Using data from De Graeve and Mazzolini and focusing on a sample of 19 most developed countries, we demonstrate ...
António Afonso +3 more
wiley +1 more source
Product liability: the normative Austrian perspective [PDF]
The paper is an exercise in a normative economic analysis of product liability. After a short historical introduction, we take two of the basic premises of Austrian economic thought and see which system of product liability results.
Folmer, Henk +2 more
core +1 more source
From Reactive to Proactive Volatility Modeling With Hemisphere Neural Networks
ABSTRACT We revisit maximum likelihood estimation (MLE) for macroeconomic density forecasting through a novel neural network architecture with dedicated mean and variance hemispheres. Our architecture features several key ingredients making MLE work in this context.
Philippe Goulet Coulombe +2 more
wiley +1 more source
Ludwig Lachmann and the Austrians
Ludwig Lachmann looked to the Austrian School of economics as an intellectual space of refuge from the sterile formalism that constituted the academic work of the mainstream economics establishment.
Lewin Peter
doaj +1 more source
Heterogeneous Capital, Entrepreneurship, and Economic Organization [PDF]
We outline an Austrian approach to economic organization based on the entrepreneur and the Austrian idea of capital as heterogeneous and time-dimensioned, tow themes associated with Israel Kirzner's contributions.
Kirsten Foss +3 more
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Navigating AI Convergence in Human–Artificial Intelligence Teams: A Signaling Theory Approach
ABSTRACT Teams that combine human intelligence with artificial intelligence (AI) have become indispensable for solving complex tasks in various decision‐making contexts in modern organizations. However, the factors that contribute to AI convergence, where human team members align their decisions with those of their AI counterparts, still remain unclear.
Andria Smith +3 more
wiley +1 more source
The Meaning of Market : Comparing Austrian and Institutional Economics [PDF]
Our contribution aims at revealing the terms of a confrontation between Austrian and Institutional schools concerning the nature and the role of markets.
DUTRAIVE, Philippe DULBECCO
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Second‐Order Between‐Supplier Learning
ABSTRACT Substantial empirical evidence shows that suppliers in emerging economies can enhance their technological capabilities through direct learning from technologically advanced foreign competitors. However, suppliers in emerging markets may struggle to learn directly from knowledge about competitors’ products that are not widely available on the ...
Lisha Liu, Xianwei Shi, Guangzhi Shang
wiley +1 more source
Organizing Economic Experiments The Role of Firms [PDF]
Many economists, including Austrian economists, have argued that the market process is essentially an experimental process. We briefly try to clarify this conceptualization, and then argue that we may understand the firm in much the same light.
Kirsten Foss, Nicolai J. Foss
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