Results 101 to 110 of about 120,564 (296)
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
On Keynes's Theory of the Aggregate Price Level in the Treatise: Any Help for Modern Aggregate Analysis? [PDF]
The paper explores the theory of the aggregate price and profit in Keynes's Treatise for its implications for modern macroeconomic analysis. Here profits are defined in terms of aggregate investment and saving.
Max Gillman
core
The hole in the doughnut: Formalizing and testing a key model of degrowth
Abstract Degrowth scholars often claim that capitalism generates social and ecological imbalances, as captured by Kate Raworth's leading doughnut model. We formalize this model using social and environmental indices and measure imbalances using their coefficient of variation.
Ashruta Acharya +2 more
wiley +1 more source
What Drives Long-term Capital Flows? A Theoretical and Empirical Investigation [PDF]
What drives capital inflows in the long run? Do they follow the predictions of neoclassical theory, or are other forces at work? The purpose of this paper is to illustrate how long-term capital movements conform surprisingly well to the predictions of a ...
Genevieve Verdier
core
ABSTRACT This article examines the role of museums in the construction of national identity during the Early Republican Period in Turkey (1923–1950). Drawing on theoretical approaches that interpret museums as spaces in which collective memory and national identity are materially organized and publicly communicated, the study analyzes museums as key ...
Duygu Atalay Şimşek
wiley +1 more source
Search, money and capital: a neoclassical dichotomy [PDF]
Recent work has reduced the gap between search-based monetary theory and mainstream macroeconomics by incorporating into the search model some centralized markets as well as some decentralized markets where money is essential.
Randall Wright, S. Boragan Aruoba
core
Reference dependence and lottery participation
Abstract We assume that lottery participants are poor relative to their target income. Reference dependence with loss aversion can render the marginal utility of income non‐monotonic in line with the Friedman–Savage hypothesis. As a result, lottery participation can be rationalized without invoking probability weighting.
Robertas Zubrickas
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
Some Economic Results of the Civilizing Mission [PDF]
This paper proposes three tasks. It briefly delineates the character of the civilizing mission and the interests it served, especially the colonization of Asia and Africa.
Alam, M. Shahid
core +1 more source
The role of foreign capital flows in health finance
Abstract This study develops an open economy version of the health deficit model to examine how rising health expenditures affect international capital flows, external balances, and welfare. The government issues bonds in international capital markets, linking health policy to international financial dynamics.
Mark Christopher Kelly
wiley +1 more source

