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The economic theory of a common-property resource: The fishery
Journal of Political Economy, 1954The chief aim of this paper is to examine the economic theory of natural resource utilization as it pertains to the fishing industry. It will appear, I hope, that most of the problems associated with the words “conservation” or “depletion” or ...
S. Gordon
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An Economic Theory of Political Action in a Democracy
Journal of Political Economy, 1957IN SPITE of the tremendous importance of government decisions in every phase of economic life, economic theorists have never successfully integrated government with private decision-makers in a single general equilibrium theory. Instead they have treated
A. Downs
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Contemporary Economic Theory: III
1995Abstract Deals with three specific areas of research developed in the last quarter of a century. The first one is the emergence of the ‘new political economy’ programme: public choice; neo‐institutionalism; the neo‐Austrian school; and the game‐theory approach to economics.
Ernesto Screpanti, Stefano Zamagni
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Economic history and economic theory
Journal of Economic Methodology, 2006Since the mid‐1950s the spread of formal models and econometric method has greatly improved the study of the past, giving rise to the ‘new’ economic history; at the same time, the influence of economic history on economists and economics has markedly declined.
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2022
Along the development of economic theories, this chapter is focused on the representative thoughts and methodologies, including economic thoughts from Adam Smith, Alfred Marshall, Maynard Keynes, Milton Friedmann, Paul Samuelson, and methodological models such as Arrow-Debreu model, Mundell-Fleming model, Cobb-Douglas model, and Solow-Swan model.
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Along the development of economic theories, this chapter is focused on the representative thoughts and methodologies, including economic thoughts from Adam Smith, Alfred Marshall, Maynard Keynes, Milton Friedmann, Paul Samuelson, and methodological models such as Arrow-Debreu model, Mundell-Fleming model, Cobb-Douglas model, and Solow-Swan model.
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Theory of games and economic behavior
100 Years of Math Milestones, 1945This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press ...
John von Neumann, Oskar Morgenstern
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The 'New' Economic Theories [PDF]
SSRN Electronic Journal, 2008 This paper has two main goals. The first is to study the links between the “new” economic theories, this is, the “new” trade theory, the “new” growth theory and the “new” economic geography. These are three apparently distinct strands of economics, yet they have a common motivation: the role of increasing returns and the consequent market structure ...
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Problems of Economic Transition, 1992
There is only one way out of the chaotic, perplexed, and confused state in which our economic science finds itself: an in-depth renewal and rethinking of many traditional approaches. We must take a new look at the very structure of economic knowledge, at the methodology and tools employed in research.
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There is only one way out of the chaotic, perplexed, and confused state in which our economic science finds itself: an in-depth renewal and rethinking of many traditional approaches. We must take a new look at the very structure of economic knowledge, at the methodology and tools employed in research.
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Positive accounting theory is claimed to be explanatory of accounting practice; a scientific, empirical, economics-based theory. These claims are examined severally, and in significant respects are found to be untenable.
Mahendra R. Gujarathi
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