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Formal Verification of Token Economy Models
2019 IEEE International Conference on Blockchain and Cryptocurrency (ICBC), 2019This paper considers the formal methods approach for token economy modeling, analysis and studying of its properties. It uses an insertion modeling technique for verification of a token economy and behavior algebra specifications for formalization. The project SKILLONOMY is considered as an example of algebraic approach application.
O. Letychevsky +5 more
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Formal Economy, Substantive Economy, and Economism
Philosophy of the Social Sciences, 2016Polanyi analyzes the historical deployment of a “formal” economic science starting from the “market-scarcity-instrumental rationality triptych.” This triptych, and the knowledge associated with it, is shown to be more than merely a “substantial” economic science’s interest in the triptych “need-nature-institution.” While we must agree with Polanyi that
Nicolas Postel
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The Informal Economy in Tunisia: Measurement and Linkage With the Formal Economy
International Journal of Economics and Business Research, 2013This paper has two main goals. The first is to estimate the size of the informal economy between 1980 and 2009 in Tunisia. The second objective is to check for the causal relationship from the formal economy to the informal economy. When calculating the size of the informal economy, we were based on a recent environmental approach proposed by Karanfil ...
Mehdi Abid
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Technology and the Formalization of the Informal Economy
2020 IEEE International Symposium on Technology and Society (ISTAS), 2020The informal economy became the new frontier for technology firms. The monetization of the activities in the informal economy has resulted in the formation of global enterprises such as Uber, Careem, Bolt, and Gojek. This paper discusses the social outcomes of data-driven platform technology in the informal economy through a case study that describes ...
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“A Formal Model of the Economy”
2021Laffer’s dean at the Graduate School of Business at Chicago, George Shultz, became director of the Nixon administration’s budget office (OMB) in 1970 and called Laffer to Washington to serve as the agency’s economist. At OMB, Laffer developed an economic model to inquire after the accuracy of Keynesian and monetarist (and efficient markets) theory ...
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Formal Saving in Developing Economies: Barriers, Interventions, and Effects [PDF]
, 2016 This paper discusses the determinants of and the barriers to formal saving both from the theoretical point of view and based on empirical evidence from various associated interventions and their possible effects at the micro and macroeconomic levels. It presents a comprehensive review of the literature based on a detailed classification of the barriers
Sonia Di Giannatale, María José Roa
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Linking the Formal and Informal Economy
2006Abstract This book brings together a new collection of studies on formality and informality in developing countries. The concepts of formal and informal are still central to the theory and practice of development more than half a century after they were first introduced.
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The formal economy and the real world
Foresight, 2000This article reports a wide range of complementary or antinomic insights into the multi‐layered globalizing process, in an attempt to understand its causes and significance. Different perceptions and assessments of its far‐reaching consequences all over the world are picked out.
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Formal Models of International Political Economy
2021Abstract This chapter examines how scholars use formal models to study International Political Economy (IPE). This small, but important, body of research revolves around three substantive research questions. First, scholars have asked: how do states promote international trade by reducing tariffs and non-tariff barriers? Second, they ask:
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