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The concept of rational behavior has a significant role in economics and its analysis of market economy and general equilibrium. On the other hand, there exists a logical relation between limits of rationality and learning from error. With explaining the
Masoud Mohammadi Alamuti
doaj
The institutional dimension of market failure
Motivation: At the turn of the 19th and 20th centuries, institutionalism was presented by T. Veblen as an alternative to neoclassical economics. On the basis of neoclassical economics, in addition to the explanation how an effectively functioning market ...
Wojciech Giza
doaj +1 more source
Corporate Environmental Responsibility and Cost of Equity Capital: A Meta‐Analytical Review
ABSTRACT Despite extensive research on the relationship between corporate environmental responsibility (CER) and cost of equity capital (COEC), empirical evidence remains inconsistent. This study addresses these inconsistencies through a comprehensive meta‐analysis of 1139 effect sizes from 75 studies.
Robert Witte +2 more
wiley +1 more source
Economics of Productive Consumption as an Off shoot of Main Currents of Economic Theory [PDF]
This article presents economics of productive consumption (EPC) as a relatively new and forward-looking trend in economic theory that reacts to the modern expansion in services associated with the acquisition, retention, and application of human ...
Radim Valenčík, Petr Wawrosz
doaj
ABSTRACT The transition to circular construction suffers from uncertainties related to costs, market realities, supply, regulations and expertise using secondary materials in building projects. Uncertainties are large, and resolving them needs policy interventions.
Erkki‐Jussi Nylén, Tommi Halonen
wiley +1 more source
Toward a cognitive science of markets: economic agents as sense-makers
Behavioral economics aspires to replace the agents of neoclassical economics with living, breathing human beings. Here, the author argues that behavioral economics, like its neoclassical counterpart, often neglects the role of active sense-making that ...
Johnson Samuel G.B.
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Corporate Governance and Neoclassical Economics
Although the term “corporate governance” is relatively new in the economist’s lexicon, the issues with which it is concerned are as old as the profession itself.
Mueller, Dennis C. (Faculty of Business, Economics and Statistics, Faculty of Business, Economics and Statistics, University of Vienna)
core +1 more source
ABSTRACT In recent years, organizations are adapting their control systems to meet institutional demands for sustainability disclosure. However, the process of integrating sustainability within management control systems (MCSs) remains underexplored, despite extensive literature on sustainability controls.
Anna Lucia Missaglia +3 more
wiley +1 more source
Genealogy and Objectives of Economic Science
This paper is an attempt to explain the relationship between subjective elements of social sciences and the framework in which they have evolved and found their research program.
Zahid Siddique
doaj +1 more source
ABSTRACT The role of intellectual property (IP) in promoting or hindering sustainable innovation now forms a topical issue in innovation management. Its role in the sustainable business model remains imperfectly understood however, creating a simplified view of IP in relation to corporate sustainable development. Hence, this study sought to examine how
Sarah van Santen
wiley +1 more source

