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The economic theory of a common-property resource: The fishery

Journal of Political Economy, 1954
The 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
semanticscholar   +1 more source

Economic selection theory [PDF]

open access: possibleJournal of Evolutionary Economics, 2002
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]

open access: possibleSSRN 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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An Economic Theory of Political Action in a Democracy

Journal of Political Economy, 1957
IN 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, 2021
Abstract 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, 2006
Since 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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An Economic Theory of Suicide

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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Theory of games and economic behavior

100 Years of Math Milestones, 1945
This 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, 1980
In 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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