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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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Economic selection theory [PDF]
The present article provides a minimal description of the causal structure of economic selection theory and outlines how the internal selection dynamics of business organisations can be reconciled with selection in competitive markets. In addition to generic similarity in terms of the Darwinian principles of variation, continuity and selection, it is ...
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The 'New' Economic Theories [PDF]
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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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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Economic theory and institutions
Structural Change and Economic Dynamics, 2021Abstract Economic theory and institutional approaches lack a close connection. Efforts to develop an analysis of institutions within a neo-classical framework have shown serious limitations. A stronger relationship could be developed with classical and post-Keynesian economics, that provides the conditions for developing a unified theoretical ...
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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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A Theory of Economie History in Place of Economic Theory ?
Revue économique, 1991Résumé
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Journal of Political Economy, 1974
Although sociologists have developed and tested numerous theories about suicide, economists have not analyzed this phenomenon. We derive an economic theory of suicide and test its implications using: (1) data by age in many developed countries; (2) a time series, 1947-67, by age group in the United States; (3) a cross section by state and age group in ...
Hamermesh, Daniel S, Soss, Neal M
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Although sociologists have developed and tested numerous theories about suicide, economists have not analyzed this phenomenon. We derive an economic theory of suicide and test its implications using: (1) data by age in many developed countries; (2) a time series, 1947-67, by age group in the United States; (3) a cross section by state and age group in ...
Hamermesh, Daniel S, Soss, Neal M
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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 ...
W. E. Deming +2 more
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Monetarism and Economic Theory
Economica, 1980In this paper I want to examine the theoretical foundations of "monetarism". At the outset there is a difficulty. Professor Stein writes: "Monetarists are policy oriented. Their major propositions are a series of empirical observations. . . rather than a theory in direct opposition to neo-Keynesian analysis" (Stein, 1976). And Professor Friedman writes,
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