... implies that monopolies may perform worse than competitive firms, what contradicts with the modern provisions of economic theory, stating that monopoly is the most lucrative type of market structure for a producer. The discovered effect occurs due to the aggressive pricing policy, adopted by monopolies...

... Russia Economic sectors Economic theory A recurring belief across the social sciences is that economic activity has gradually shifted into the formal economy (Geertz, 1963 ; Lewis, 1959). The outcome is that the hidden economy is viewed as a residue or leftover from a previous era...

... countries. From their point of view, there was only one general S. Qu., though the performance differed and the means recommended for solving the S. Qu., differed, too. Social economics Economic theory Social policy Economic history Germany The “Social Question” (“S. Qu.”) was the topic...

... governance structure in Japan supported by the main bank system could not be understood merely as due to Japan's late development. Economics Social welfare Japan Economic theory Today most governments in the developed countries cannot maintain their approval without paying attention...

... conditions and processes … supplemented by painstaking observation of the peculiarities in each individual case” [31] . Unemployment Economic models Economic theory After World War I, Ludwig Mises' view, expressed in Die Gemeinwirtschaft, that all measures of social policy are aimed...

... market economy Germany Economic theory Integration According to Schmoller, any economic process is based on two fundamental factors, curiously resembling the Marxian approach to the dialectics of productive forces and productive relations. Indeed, Schmoller suggested that the basis of economic...

... century and transition to a market‐oriented economy gave rise to a modern wave of debates over the fundamentals of economic theory. The present paper focuses on the importance of the humanistic approach in the theory of social economy that involves historical, philosophical, legal and others points...

... of those parts of the population not integrated into working life decreased due to the economic growth caused by technological progress. Unemployment Economic theory Economic history © Emerald Group Publishing Limited 2005 The most useful form to help persons able to work...

... of the Historical School”, and the true distinction of the Austrian value theory from the “use value” theory of German economists are shown clearly. Thus, the relation between Historicists and Austrians is established from the viewpoint of the economic theory. The following three chapters §§6‐8 are used...

... Economic theory The German historical schools have regained some popularity over the last two decades. According to Shionoya (2001a, p. 1) this development reflects the increasing acceptance of evolutionary and institutional thinking among economists. In this paper, however, I shall demonstrate...

... Entrepreneurialism Political economy Sociology Economic theory The interest of both economists and sociologists in the institutional manifestations of entrepreneurship and their role for economic development has been experiencing a sustained increase quite recently (Swedberg, 2000). This socio‐economic...

.... 156) Schmoller was willing to allow more of classical economic theory in his research and to admit the existence of economic laws, but they could not be discovered by the methods of the classical economists. Theory should rest upon a historical foundation based on empirical facts (Bell, 1953, p. 339...

... Publishing Limited 2004 Economic theory Organizational theory Organizations The theory of the firm has recently been revived by a renewed attention. The debate has in fact gained new scope from a research program which, by referring to the “resources” (R), “capabilities” (C...

... be counted as an underconsumptionist or quantity theorist in these terms. © Emerald Group Publishing Limited 2004 Keynesianism economics Monetary policy Economic theory The publication of these two volumes represents an impressive feat of scholarship on the part of the editor, Robert...

... Economic theory Development In such a dynamic setting it does not really make sense to pin down increasing returns to economies of scale. For Young the division of labour meant much more than mere job specialisation. As the size of the market grew, the division of labour also took the form...

... . Market segmentation Location Economic theory Opportunity costs Transport Economic conditions In order to understand Launhardt’s opportunity‐based approach to what today is called location theory, we have to start with the skeleton of concepts that was available at his time. Looking in vain...

... is incorrect. This indicates that Launhardt’s rule of squares does not hold if the utility function is the quadratic type. The purpose of this note is to reexamine Launhardt’s market area analysis and show that Backhaus’s assertion is not correct. Economic theory Market economy Marginal costing...

... economists. Eugen Karl Dühring (1833‐1921) has suffered a strange fate. Highly influential in Germany and the USA – even a rival of Karl Heinrich Marx (1818‐1883) – he became a victim of a polemic by Frederick Engels (sometimes Friedrich, 1820‐1895). © MCB UP Limited 2002 Economic theory...

... (the opposite of Promotion, cf. Scheven in Handbuch (Flämig et al., 1996, p. 368)), but this instrument was hardly used at all until the time of the Nazis. © MCB UP Limited 2002 Economic theory History Universities Academic staff Germany Ich bin verfolgt...

... on Dühring of following generations of Marxist inspired theoreticians was thus set. © MCB UP Limited 2002 Economic theory Marxian economics In 1867, the small town of Hildburghausen became the setting for the start of a scientific and political controversy – the controversy between...