Search Results - subject:"systems of exchange"

Organization as a nexus of rules: Emergence in the evolution of systems of exchange

Boisot, Max; Sanchez, Ron - In: Management Revue 21 (2010) 4, pp. 378-405

This paper seeks to explain the evolution of human systems of exchange through the emergence of both fundamental forms …-theoretic perspective on organizing that broadly represents organizations as systems of exchange founded on rules and routines for ordering … exchange (broadly construed) between agents. We characterize the evolution of systems of exchange as an evolutionary cognitive …

Persistent link: https://www.econbiz.de/10010318225

Doing Without Money: A Critical Assessment of Woodford's Analysis

Rogers, Colin - School of Economics, University of Adelaide - 2004

Woodford employs an inter-temporal general equilibrium model to examine the properties of the monetary system as it evolves form the use of a physical medium of exchange to an electronic medium. He presents a structure in which cash as a means of payment can be made to vanish at the limit but...

Persistent link: https://www.econbiz.de/10008520856