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Săvoiu, Gheorghe; Dinu, Vasile - In: Amfiteatru Economic Journal 17 (2015) 39, pp. 776-798

paradoxes in economic theory. The first section describes a necessary investigation in the synthesized universe of paradoxes, to … exposition of economics theory and the third section reveals the concept of meson economics and the principles of that economy …

Persistent link: https://www.econbiz.de/10011724973

Searching for Common Ground: Interactive Agency in Heterodox Economics

Wrenn, Mary V. - In: Intervention. Zeitschrift fuer Ökonomie / Journal of … 04 (2007) 2, pp. 253-275

The individual, economic agent has antecedents and consequences that shape her perceptions of the world, in other words, form the individual's mental models. Furthermore, the individual is a totality of mental models, which shape perception and influence the selection of relevant models to apply...

Persistent link: https://www.econbiz.de/10014363013

VAR modelling arroach and Cowles Commission heritage

Qin, Duo - 2006

This paper examines the rise of the VAR approach from a historical perspective. It shows that the VAR approach arises as a systematic solution to the issue of 'model choice' bypassed by Cowles Commission (CC) researchers, and that the approach essentially inherits and enhances the CC legacy...

Persistent link: https://www.econbiz.de/10010284221

Micro Simulation - A Tool for Economic Analysis

Klevmarken, N. Anders - 2001

Micro simulation involves modeling the behavior of individuals and other decision units taking into account the effects of policy parameters such as tax rates, eligibility rules for benefits and subsidies and compensation rates in the social security system. The model is simulated to analyze the...

Persistent link: https://www.econbiz.de/10010321767

Large Effects of Small Cues: Priming Selfish Economic Decisions

Snir, Avichai; Levy, Dudi; Wang, Dian; Chen, Haipeng (Allan) - 2024

Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...

Persistent link: https://www.econbiz.de/10014526615

Large effects of small cues: Priming selfish economic decisions

Snir, Avichai; Levy, Dudi; Wang, Dian; Chen, Haipeng; … - 2024

Persistent link: https://www.econbiz.de/10014577216

On the arbitrariness of consumption

Whalley, John; Zhang, Shunming - 2009

We discuss a simple model of choices of joint consumption by a working couple who place maintenance of their marriage (relationship) above all else. Any proposal made by one partner seeking to provide maximal utility to the other so as to preserve the marriage, in the case where preferences of...

Persistent link: https://www.econbiz.de/10010264574

Financialization and Fictitious Capital: The Rise of Financial Securities as a Form of Private Property

Kaldor, Yair - In: Review of Radical Political Economics 54 (2022) 2, pp. 239-254

In recent decades, financial securities have become a dominant form of private property, accounting for much of the growth of wealth around the world. But what kind of property are financial securities? What are the sources of the income they provide, and what are the social relations that...

Persistent link: https://www.econbiz.de/10013477181

A value-theoretic approach to economic dynamics and evolution—synthesizing different Marxian modules in a simulation model

Beckenbach, Frank - In: Review of Evolutionary Political Economy 1 (2020) 2, pp. 221-243

This part is devoted to simulation experiments based on the simulation model developed in part I from the value-theoretic reconstruction of the main parts of Marx’s critique of Political Economy. After introducing the main parameters and the range of their variation (Section 1), a singular run...

Persistent link: https://www.econbiz.de/10014503976

A value-theoretic approach to economic dynamics and evolution—synthesizing different Marxian modules in a simulation model

Beckenbach, Frank - In: Review of Evolutionary Political Economy 1 (2020) 1, pp. 103-135

The background for the present elaboration is twofold: firstly, the ongoing debate about whether the Marxian theory of … distorted by its Ricardian elements (including the labour theory of value). In regard to the latter, the later economic … modules for his value theory which are not really related to each other, let alone thoroughly synthesized with one another …

Persistent link: https://www.econbiz.de/10014503989