Economic Evolution, Learning, and Complexity
This book addresses central issues in evolutionary and Schumpeterian accounts of industrial competition, learning, and innovation. It contains a collection of twelve papers which are oriented toward exploring methodological issues in evolutionary and related scholarship. Reflecting the diversity of work in evolutionary scholarship, a range of methodologies are employed in the papers, including simulation, experiments, and econometric analysis. Some of the papers use well established models to ta...
Smith (Routledge Philosophers) (Arguments of the Philosophers)
by Professor of Political Science Eric Schliesser
Adam Smith is rediscovered every few generations by philosophers surprised by his subtlety, originality, and relevance. Smith's status as mythical father of economic science and his role as canonical defender of free trade is secure within economics, but few philosophers have been more often misrepresented and underestimated. Because he is well known as an advocate of commercial society, many scholars, public intellectuals, commentators, and journalists are happy to implicate him automatically i...
Reflections on the Formation and Distribution of Wealth; Volume 1
by Ridgway James Bookseller
Die Entwicklung Der Deutschen Volkswirtschaftslehre Im Neunzehnten Jahrhundert
by Gustav Von Schmoller
Grundriss Der Allgemeinen Volkswirtschaftslehre, Volume 1
by Gustav Von Schmoller
This book demonstrates that because the United States is enmeshed in a complexity of regulations, government debt, bureaucracy, and taxes does not mean that these policies cannot be reversed. They have been before. Rabushka describes an earlier reversal of mercantilist claims by a growing group of influential politicians influenced by Adam Smith's The Wealth of Nations. It is Rabushka's contention that Adam Smith's principles of sound money, taxes, minimal governmental regulation, and free trade...
Capital in Disequilibrium: The Role of Capital in a Changing World
by Peter Lewin
The Cooperative Game Theory of Networks and Hierarchies (Theory and Decision Library C, #44)
by Robert P Gilles
The book brings together an overview of standard concepts in cooperative game theory with applications to the analysis of social networks and hierarchical authority organizations. The standard concepts covered include the multi-linear extension, the Core, the Shapley value, and the cooperative potential. Also discussed are the Core for a restricted collection of formable coalitions, various Core covers, the Myerson value, value-based potentials, and share potentials. Within the context of social...
Renaissance in Behavioral Economics (Routledge Frontiers of Political Economy)
Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline. The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegi...
The articles reprinted here cover pure economic theory, political economy (including sociological studies), Pareto's law of income distribution and miscellaneous matters, and give a general overview of the man and his contributions.
Longrun Dynamics
by Reader in Economic History G D Snooks and Graeme Donald Snooks
Longrun Dynamics is a ground-breaking work that begins where the author's Economics without Time (1993) left off. It employs the inductive method proposed by J.S.Mill to develop a general dynamic theory that integrates the separate disciplines of economic growth, economic fluctuations, and political decision-making. The central feature of this general theory is dynamic demand, which provides both a realist form for the model and a new explanation of macroeconomics variables. The general theory a...
Financialisation in the European Periphery (Routledge Critical Studies in Finance and Stability)
In many European countries, the process of financialisation has been exacerbated by the project of closer EU integration and accelerated as a result of austerity policies introduced after the Euro crisis of 2010–2012. However, the impact has been felt differently in core and peripheral countries. This book examines the case of Portugal, and in particular the impact on its economy, work and social reproduction. The book examines the recent evolution of the Portuguese economy, of particular sect...
Stressing verbal logic rather than mathematics, Israel M. Kirzner provides at once a thorough critique of contemporary price theory, an essay on the theory of entrepreneurship, and an essay on the theory of competition. Competition and Entrepreneurship offers a new appraisal of quality competition, of selling effort, and of the fundamental weaknesses of contemporary welfare economics. Kirzner's book establishes a theory of the market and the price system which differs from orthodox price theory....
New economic thinking is in demand in the light of the recent economic crisis. This book equips the reader with a better understanding of current ways of thinking as well as an awareness of other possibilities, providing the foundations for debate in theory and methodology alongside practical implications for policy.
Faith and Liberty (Studies in Ethics and Economics)
by Alejandro A Chafuen
Most people think that free-market ideas and theories were first substanially developed in the eighteenth century by figures such as Adam Smith. In this revised edition of Faith and Liberty, Alejandro A. Chafuen illustrates this misconception by examining the sixteenth and seventeenth century writings of a group of Catholic theologians and philosophers. The Late- Scholastics, as they are called, were the first to engage in a systematic moral analysis of the ethical issues associated with trade a...
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches...
Exploring the Political Economy and Social Philosophy of Vincent and Elinor Ostrom (Economy, Polity, and Society)
The interdisciplinary chapters in this volume explore and engage the work of Vincent and Elinor Ostrom, along with the Bloomington School of political economy more generally.The book emphasizes the continuing relevance of the Ostroms' work for our understanding of collective action, self-governance, and institutional diversity for interdisciplinary research in the social sciences and humanities. The wide array of topics and approaches will make the volume of interest to readers in a variety of f...
Recent Developments in Applied Demand Analysis
by E a Selvanathan and Kenneth W. Clements
The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Second, the pattern of consumption contains a wealth of useful information regarding economic welfare and living standards. Closely allied to this is that as consumption (both current and future) is the...
Financial Statements-Based Bank Risk Aggregation (Innovation in Risk Analysis)
by Jianping Li, Lu Wei, and Xiaoqian Zhu
This book proposes a bank risk aggregation framework based on financial statements. Specifically, bank risk aggregation is of great importance to maintain stable operation of banking industry and prevent financial crisis. A major obstacle to bank risk management is the problem of data shortage, which makes many quantitative risk aggregation approaches typically fail. Recently, to overcome the problem of inaccurate total risk results caused by the shortage of risk data, some researchers have prop...
Sustentabilidad Ambiental En La Industria (Estudios Economicos, E/028)
by Alfonso Mercado Garcia and Ismael Aguilar Barajas
Non-Linear Bending and Buckling of Circular Plates
by Herbert Keller and Edward L Reiss