Results 131 to 140 of about 10,103,818 (278)
Real and Apparent Deviations From Rational Choice
Kyklos, EarlyView.ABSTRACT This paper offers a taxonomy of real and apparent deviations from rationality. The taxonomy is based on three axes of divides—whereas the axes are successive refinements. The outermost‐axis divide delineates “anxiety‐based choices” from “anxiety‐free choices.” Anxiety‐based choices are real deviations such as the Allais and Ellsberg paradoxes ...
Elias L. Khalil
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Fraternity in the Workplace: An Alternative to Positive Leadership and Followership
Kyklos, EarlyView.ABSTRACT This paper argues that organizations could be seen not as morally free zones, but as potential spaces for workplace fraternity. We critically assess the dominant leader–follower paradigm, including recent theories of positive leadership and followership, and contend that this framework is ill‐suited to capturing the cooperative, peer‐based ...
Luigino Bruni, Paolo Santori
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Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation
Metroeconomica, EarlyView.ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
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Risk sharing, investment, and incentives in the neoclassical growth model [PDF]
We first study growth and risk sharing in a stochastic growth model with preference shocks and two risk-averse agents. In periods in which one of the agents needs extra consumption (insurance), it is socially optimal to reduce the consumption of the ...
Emilio Espino, Juan M. Sanchez
core
Metroeconomica, EarlyView.ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
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Naukovij Vìsnik Nacìonalʹnogo Unìversitetu Bìoresursìv ì Prirodokoristuvannâ Ukraïni. Serìâ: Ekonomìka, Agrarnij Menedžment ta Bìznes, 2017 This paper deals with a dynamic interdependence between values of gold, capital, land and renewable resource in a three sector growth model with endogenous wealth and renewable resources.
Prof WEI-BIN ZHANG
doaj
Putting the individual in the context of the organization: A Carnegie perspective on decision-making. [PDF]
Front Psychol, 2023 Levinthal DA, Newark DA.
europepmc +1 more source
Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes
Metroeconomica, EarlyView.ABSTRACT This paper investigates the implications of output gap uncertainty for the conduct of fiscal policy using a small‐scale macroeconomic model with boundedly rational agents. Specifically, agents use an adaptive updating mechanism to approximate the unobservable potential output that suffers, similarly to the Hodrick and Prescott (1997) filter ...
Christian R. Proaño, Jonas Dix
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