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The economic impact of lockdowns: A theoretical assessment
The sudden appearance of the SARS-CoV-2 virus and the onset of the COVID-19 pandemic triggered extreme and open-ended "lockdowns" to manage the disease. Should these drastic interventions be the blueprint for future epidemics? We construct an analytical framework, based on the theory of random matching, which makes explicit how epidemics spread through
Camera, Gabriele, Gioffré, Alessandro
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Homo Oeconomicus and Behavioral Economics
Recent years have witnessed a growing interest in behavioral trends in both economic theory and practical applications. As a science with vast potential for explaining complex market behaviors, behavioral economics is drifting away from the classical ...
Justyna Brzezicka, Radosław Wisniewski
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Modelling of economics regulations
Economics may be presented in the form of corroborated rules. Economics may be defined as a science consisting of economic principles, laws, features, criteria, limitations, axioms, etc. Each listed entity may be divided into categories.
Algirdas Jakutis
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Fiscal Austerity Versus Growth in Croatia
The role of fiscal austerity has been questioned for centuries, but a rapidly increasing deficit along with the financial crisis in 2007/2008 influenced a renewed debate on the economics of austerity.
Marinko Škare, Romina Prziklas Druzeta
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A Game Theoretical Analysis of Economic Sanction [PDF]
Economic sanction has been widely used and increasingly a popular tool in maintaining peace and political stability in the world. The use of economic sanction, as opposed to the use of military power, to punish target countries have been supported by the Charter of United Nations (UN).
Shidiqi, khalifany ash +1 more
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PROPERTY AND FREE INITIATIVE IN ECONOMY [PDF]
The property is a subject that has been and it is studied by specialists from the economics, philosophy, law, history fields etc. It is natural to be a subject of attraction since the property is an essential precondition of the human economic activity ...
Viorel CORNESCU, Cristina CHIRIAC
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SUSTAINABLE INNOVATION - NEW ECONOMIC CONCEPT REQUIRED BY SUSTAINABLE DEVELOPMENT [PDF]
Following the concept of sustainable development and standard economics, we find innovation presented as one of the most important factors of world economic growth.
VIOREL CORNESCU, CECILIA-ROXANA ADAM
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THEORETICAL ASPECTS OF DEFINING ECONOMIC SECURITY AS AN ECONOMIC CATEGORY [PDF]
This article is devoted to the theoretical foundations of the study of economic security, as a result of which security is defined as a norm of functioning that arises when using actual and potential opportunities focused on enhancing one's vitality in the face of internal and external threats.
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Theoretical Economics and the Second-Order Economic Theory. What is it? [PDF]
The economic and financial variables of economic agents determine macroeconomic variables. Current models consider agents' variables that are determined by the sums of values and volumes of agents' trades during some time interval Δ. We call them first-order economic variables.
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This paper is part of a larger project aiming at revitalizing "high development theory". It examines the roots of development economics, tracing it back to the seminal contributions of European emigres to the UK and the US in the 1930s. Developed mainly by German speaking economists it became very influential in the 1950s and 1960.
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