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"spatial value number" reveals the incompatibility of rationality and aesthetics: the individual urban experience cannot be …
Persistent link: https://www.econbiz.de/10013479445
just obeying and, hence, to be irrational. In this paper we offer a different approach which postulates rationality of all …
Persistent link: https://www.econbiz.de/10011753167
This paper provides a theoretical analysis regarding the rationality of suicide attacks from an economist’s point of …
Persistent link: https://www.econbiz.de/10011753170
The evidence of volatility-price dependence observed in previous works (Karakatsani and Bunn 2004; Bottazzi, Sapio and Secchi 2005; Simonsen 2005) suggests that there is more to volatility than simply spikes. Volatility is found to be positively correlated with the lagged price level in settings where...
Persistent link: https://www.econbiz.de/10010328635
To model the observed slow response of aggregate real variables to nominal shocks, most macroeconomic models incorporate real rigidities in addition to nominal rigidities. One popular way of modelling such a real rigidity is to assume a non-constant demand elasticity. By using a homescan data...
Persistent link: https://www.econbiz.de/10011390722
To model the observed slow response of aggregate real variables to nominal shocks, most macroeconomic models incorporate real rigidities in addition to nominal rigidities. One popular way of modelling such a real rigidity is to assume a non-constant demand elasticity. By using a homescan data...
Persistent link: https://www.econbiz.de/10011533725
The rationality of choices is one of the most fundamental assumptions of traditional economic analysis. Yet … rationality have been introduced in the literature to quantify the size of rationality violations. However, it is not clear which … between the different measures. Second, we develop methods to compute the most-used measures of rationality. Exploiting this …
Persistent link: https://www.econbiz.de/10014333773
Persistent link: https://www.econbiz.de/10014476354
Der vorliegende Band enthält die überarbeiteten Beiträge der Sitzung des Ausschusses »Wirtschaftswissenschaften und Ethik« im Verein für Socialpolitik, die vom 10. bis 12. Februar 1994 in Osnabrück stattgefunden hat. Die Aufsätze liefern einen anschaulichen Eindruck davon, wie sehr in...
Persistent link: https://www.econbiz.de/10014492823
Dieser Beitrag behandelt Begriff, Ursachen, Wirkungen sowie Bewertung und mögliche Ausgleichsmaßnahmen gestörter Vertragsparität. Dabei wird auf die ökonomische Verhandlungstheorie und die Theorie der Wettbewerbsmärkte zurückgegriffen. Es werden in der Rechtswissenschaft vorfindbare...
Persistent link: https://www.econbiz.de/10010296894