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Economics is converging with sociology but not with psychology [PDF]
Journal of Economic Methodology, 2022 The rise of behavioral economics since the 1980s led to richer mutual influence between economic and psychological theory and experimentation. However, as behavioral economics has become increasingly integrated into the main stream in economics, and as psychology has remained damagingly methodologically conservative, this convergence has recently gone ...
Don Ross
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Convergence of Income Growth Rates in Evolutionary Agent-Based Economics [PDF]
arXiv, 2010 We consider a heterogeneous agent-based economic model where economic agents have strictly bounded rationality and where income allocation strategies evolve through selective imitation. Income is calculated by a Cobb-Douglas type production function, and selection of strategies for imitation depends on the income growth rate they generate. We show that
Volker Nannen
arxiv +3 more sources
Economic growth, convergence and agricultural economics [PDF]
Agricultural Economics, 2019 AbstractAfter nearly two centuries of lagging behind the industrial countries, growth in many developing countries has surged since the early 1990s. This outperformance has major implications for almost all areas of agricultural economics and, if continued, will likely do so into the future.
Will Martín
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The effect of network convergence on digital culture industry: Model construction of network industrial economics and empirical study on China [PDF]
Informasi, 2022 This paper constructs the model of network economics to study the effect of different levels of network convergence on the digital culture industry.
Panqiang Niu +3 more
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The Convergence of Blockchain Technology and Islamic Economics: Decentralized Solutions for Shariah-Compliant Finance [PDF]
arXivThis paper provides a brief overview of the ongoing financial revolution, which extends beyond the emergence of cryptocurrencies as a digital medium of exchange. At its core, this revolution is driven by a paradigm shift rooted in the technological advancements of blockchain and the foundational principles of Islamic economics. Together, these elements
Naseem Alsadi
arxiv +3 more sources
Fuzzy convergence in tourism economics
Journal of Tourism Theory and Research, 2018 Economic convergence has two meanings: the first refers to a more equitative system of wealth distribution (sigma-convergence), whereas Beta convergence is related to a higher rate of growth within poor countries than in rich ones. Assessing Neoclassical Growth through the convergence hypothesis has been catching the attention of the researchers since ...
Kurtuluş Bozkurt +2 more
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Convergence Of Behavioral Economics And Orthodox Economic Theory
The European Proceedings of Social and Behavioural Sciences, 2018 In recent decades, more and more attention is paid to the research of influence of social and cognitive factors on economic decision-making, both on the individual level and on organizational one. The new challenge of modern era is an integration of the key areas of factual and psychological data analysis and their impact on small and large-scale ...
Marina Ryzhkova, Julia Kudrina
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CONVERGENCE IN THE FIELD OF ECONOMICS AND LAW: CORRELATION OF PROCESSES
Baltic Journal of Economic StudiesThe activities of the modern state are carried out taking into account the trends inherent in the global community. One of the driving forces behind these trends is the strengthening of economic integration due to the increasing role of finance in the ...
Serhii Vitvickii +2 more
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Convergence and growth – conflicting goals of economics policy – A case study of Georgia
Environmental & Socio-economic Studies, 2020 Over the years, it has been the subject of discussions whether efficiency-oriented interventions contribute to an equity distribution of wealth across regions and whether equity orientation is a source of inefficiency.
Jibuti Mariam
doaj +2 more sources
Economic Convergence and Economic Policies [PDF]
SSRN Electronic Journal, 1995 Many of the crucial debates in development economics are encapsulated in the question of economic convergence. Is there a tendency for the poorer countries to grow more rapidly than the richer countries, and thereby to converge in living standards? Some recent research on endogenous growth has emphasized increasing returns as a possible reason not to ...
Andrew M. Warner +2 more
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