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One of the key factors affecting the competitiveness of an enterprise is low energy costs. Despite the status of Russia as an energy superpower, Russian companies are paying a high price for electricity.
G. N. Ryazanova
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Special Issue: Aspects of Game Theory and Institutional Economics
Classical economists from Adam Smith to Thomas Malthus and to Karl Marx have considered the importance of direct interdependence and direct interactions for the economy. This was even more the case for original institutionalist thinkers such as Thorstein
Wolfram Elsner +3 more
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Original Institutional Economics and Behavioral Economics are two approaches that have challenged the conventional economics of their time regarding decision-making.
TAINARI TAIOKA +2 more
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Selected Models of Institutional Change in Theory and Practice
This paper is a continuation of the research on the course of institutional changes, the results of which were presented in the article published in “Ekonomista” in 2017, (Sukiennik, Dokurno, Fiedor 2017).
Jakub Sukiennik +2 more
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Potential of New Institutional Economics for Rural Community Development [PDF]
Rural economic inequality is a fundamental problem which makes it important to seek its causes and find its policy solutions immediately. The new institutional economic potential development policy is the right choice.
Prasetyo P. Eko +2 more
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Comparative Analysis of Institutional Theories: Economic Traditions of Veblen, Commons and Mitchell [PDF]
Institutional economics is one of the most important economic traditions that not only challenged the mainstream economics but also opened up new horizons in the domain of economic knowledge by identifying the philosophical and theoretical outlets and ...
Mahmoud Mashhadi Ahmad
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Employee Participation in Profit and Ownership – Impact on Work Efficiency
In the vast theoretical literature, a number of arguments have been put forward in favor of employee financial participation schemes. Although traditionally the main arguments were spurred by objectives such as greater equality in the distribution of ...
Maciej Kozłowski
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Institutional Economics: Rhetoric and Myths
This article analyzes the application of rhetoric in institutional economics interpreted in various – evaluative, disciplinary, instrumental – aspects.
B. A. Yerznkyan
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“Hard” vs. “Soft” Managerialism: How to Reform Universities and Let Them Remain Universities
The transformation of academic institutions inspired by the ideas of New Public Management introduces a new paradigm of university governance. The essence of the new university model is the transfer of corporate authority structures and managerial ...
Piotr Urbanek
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Satisfying of Needs and Immanent Market Incompetencies
The terms of reference for this study were to outline an inability of market principles to satisfy needs with a focus on natural determination of individuals.
Maialeh Robin
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