... 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...

... the nature of the hidden economy. © Emerald Group Publishing Limited 2011 Economics Taxes Russia Economic sectors Economic theory The result was a temporal and normative sequencing of the formal and hidden economies. It was temporally sequenced by viewing the formal economy...

... Publishing Limited 2006 Social economics Economic theory Social policy Economic history Germany The “Social Question” (“S. Qu.”) was the topic of the fifteenth Heilbronn Symposium held in June 2002. Though the contributions dealt with the causes and performance of social, economic...

... Social welfare Japan Economic theory Today most governments in the developed countries cannot maintain their approval without paying attention to social security. However, the performances of the welfare states vary widely with respect to the ratio of social expenditure to GDP, the ratio...

..., 1901, pp. 218‐19). Social market economy Germany Economic theory Integration Recent debates on a constitution for the European Union have confronted the matter of the economic and social order that may arise from the process of European integration. In particular, the question has been...

... is seldom exhausted because of the superior organization of the demand side of the labour market: Unemployment Economic models Economic theory After World War I, Ludwig Mises' view, expressed in Die Gemeinwirtschaft, that all measures of social policy are aimed at the destruction...

... 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 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...

... bureau came in 1927 with the law on labour bureaux and unemployment insurance. The connection between employment policy and unemployment benefit was also made here. © Emerald Group Publishing Limited 2005 Unemployment Economic theory Economic history Free availability of labour...

... proceeds as follows. First, entrepreneurship in economic theory is taken to the fore, highlighting the matter of breaks and continuities regarding the conceptualisation of entrepreneurship that has accompanied the theoretical shift from classical political economy to the variants of neoclassical...

.... To this extent, the paper is of interest for researchers working on public goods theory, experimental economics and the history of economic thought. © Emerald Group Publishing Limited 2005 Economic history Consumer behaviour Economic theory The German historical schools have regained some...

... Economic theory Social processes Case studies This paper will discuss two issues in relation to the German Historical School. First, the extent to which it directly or indirectly influenced American institutionalism, and second, these two school's relevance for the new institutionalism...

... steps along these research directions, providing some arguments about the opportunity to pursue them further. © Emerald Group Publishing Limited 2004 Economic theory Organizational theory Organizations The theory of the firm has recently been revived by a renewed attention...

... Friedman's “monetarism” and the so‐called “Keynesian economics” of the neoclassical synthesis, and specifically, whether there was any real difference between them. © Emerald Group Publishing Limited 2004 Keynesianism economics Monetary policy Economic theory The publication of these two...

... the discipline of economics itself – from the economics of scarcity to the economics of opportunity. © MCB UP Limited 2003 Growth Economic theory Development Allyn Young was a classical economist and a true disciple of Adam Smith [1] Although his famous paper on increasing returns...

... is incorrect. © MCB UP Limited 2002 Economic theory Market economy Marginal costing Recently, in this journal, Backhaus (2000) examined Launhardt’s contributions to the mathematical treatment of general economic theory and location theory. She pointed out that, in Chapter 27 of Launhardt’s...

... different results from using another form of utility equation, where y = ax − a’x². The alternate utility specification defined the new relationship as follows: © MCB UP Limited 2002 Market segmentation Location Economic theory...

... – but as a person suffering from mental incompetence due to megalomania (original italics) (p. 447). © MCB UP Limited 2002 Economic theory History Censorship Universities Individual behaviour His writings in the fields of philosophy, literature, mathematics, ethnology...

... (a follower of Owen) “one of the fundamental rules of the community was the entirely free acceptance of new members” (Tugan‐Baranowski, 1921, p. 17). Economic theory Socialism Co‐operatives Dühring’s model of socialism based on self‐managed communes is mostly known through the scathing...

... is concerned, the case is less clear, but in the end, it is claimed that the remotion was legitimate as well. © MCB UP Limited 2002 Economic theory History Universities Academic staff Germany Ich bin verfolgt. Muß ich drum auch gleich edel sein?[1]. Except among specialists...