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This paper develops and analyses a dynamic model, which combines both the adoption and the industry evolution theories …. We model the decision of adoption, learning entry and exit of firms. These decisions depend on the interaction of …. The model we suggest also analyses effects on industry evolution and social welfare. …
Persistent link: https://www.econbiz.de/10005621594
The purpose of this paper is to examine the discussion among marxists about the rate of profit. This is done by the method of symptomatic reading, hence in a different way from what has become standard. Beginning from the fact that Marx and his critics draw diametrically opposite conclusions...
Persistent link: https://www.econbiz.de/10005789922
This paper attempts to address some common questions regarding the evolution of global natural gas markets through …
Persistent link: https://www.econbiz.de/10011108852
of thermodynamics can neither explain arrow-of-time phenomena like Darwin’s evolution in biological systems, nor the … globalization processes in human society. Most physicists regard the Darwinian evolution and human society as physical systems far … defined and the second law of thermodynamics is not useful for studying the Darwinian evolution and human society. While the …
Persistent link: https://www.econbiz.de/10011110385
statics and kinetics of institutional systems, and biological – for the figurative description of their evolution. Efficiency …
Persistent link: https://www.econbiz.de/10011110576
a larger predisposition towards child quality, contributing to the onset of the demographic transition and the evolution …
Persistent link: https://www.econbiz.de/10011110672
The constant development of the economic environment, accelerated growth of requirements to have updated, correct and operational information, emphasized the relevance and importance of managerial accounting. Faced with the rapid changes that have known enterprises in all areas, management...
Persistent link: https://www.econbiz.de/10011110728
We show that in long repeated games- or in infinitely repeated games with discount rate close to one- payoffs corresponding to evolutionary stable sets are asymptotically efficient, as intuition suggests. Actions played at the beginning of the game are used as messages that allow players to...
Persistent link: https://www.econbiz.de/10011111755
The world economy has evolved in recent years amid some obvious inequalities and disparities nationally manifested on different levels, including the participation in international trade. This study took into account the two ways of approach, namely: evaluation and analysis of existing...
Persistent link: https://www.econbiz.de/10011111856
This paper analyses the recent evolution of Romanian modern agricultural cooperatives. The purpose is to present a …
Persistent link: https://www.econbiz.de/10011156950