This survey article, which focuses on the entrepreneurin economics shows that thestrict assumptions underpinning mainstream economics have been limitedwith regards toinnovation, creativity and foresight, which are essential ingredientsof entrepreneurialfunctions. The outcomes of such misplaced and narrow v...
The Role of Altruism in Economic Interaction - Haltiwanger, Waldman - 1993 () Citation Context ...ard assumptions of economics can have large aggregate-level effects. While this discussion has considerably progressed with respect to relaxing rationality assumptions (e.g., Akerlof and Yellen 1985, ...
Check access to the full text by signing in through your organization. Access through your organization Section snippets Model assumptions and equity valuation Following Black and Cox (1976), Brockman and Turtle (2003) and Sokolinskiy (2019), we consider a firm that has assets in place, Vt...
Hay, C. (2004) ‘The Normalizing Role of Rationalist Assumptions in the Institutional Embedding of Neoliberalism’ Economy and Society 33(4):500–527.Hay, C. (2004). The normalizing role of rationalist assumptions in the institutional embedding of neoliberalism. Economy and Society, 33:4, 500-...
The instrument was designed to measure four com ponents of sex-role assumptions and behaviors: (1) familial roles; (2) extrafamilial roles; (3) male/female stereotypes; and (4) social change in sex roles. The responses to the survey were analyzed using multivariate and univariate analysis ...
Better assumptions about the time-series model for residuals necessitate more difficult estimation procedures but should lead to more efficient parameter estimates, reduce the likelihood of spurious relationships, and also improve forecasts. The time-series community has only recently turned to multiple ...
The Role of the Economist in Economic Development.pdf,The Role of the Economist in Economic Development CHRISTOPHER J. COYNE Hampden-Sydney College Department of Economics Hampden-Sydney, VA 23943 ccoyne@ PETER J. BOETTKE George Mason University, Departm
PLS-SEM is employed across a spectrum of applications. Notably, PLS-SEM possesses the advantage of addressing diverse modeling challenges without necessitating assumptions of scarcity (Hair et al. 2019). Its distinctive attribute lies in the absence of restrictive distribution assumptions, rendering it ...
We make specific assumptions on consumer preferences in the models and assume that demand is non-homothetic with a declining budget share for agricultural product. The marginal budget shares are estimated for rural and urban households separately using changes in average budget shares over changes in ...
comes from additional assumptions on preferences, which have been subject to debate. In fact, most economic models assume that preferences are to some extentstable, so that differences in the decision behavior are mostly due to differences in the environment (e.g., technology and incentives). ...