Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Publication
- Publication Type
Articles 1 - 10 of 10
Full-Text Articles in Social and Behavioral Sciences
A Risky Theory Of Business Cycles, David C. Thomas
A Risky Theory Of Business Cycles, David C. Thomas
David Chandler Thomas, PhD
Book review of Tyler Cowen's 1997 book, Risk and Business Cycles.
System Dynamics Implementation Of An Extended Brander And Taylor-Like Easter Island Model, Takuro Uehara, Yoko Nagase, Wayne Wakeland
System Dynamics Implementation Of An Extended Brander And Taylor-Like Easter Island Model, Takuro Uehara, Yoko Nagase, Wayne Wakeland
Systems Science Faculty Publications and Presentations
We provide a system dynamics implementation of a dynamic ecological economics model. Dynamic economic models are often constrained to use functions, such as the Cobb-Douglas function, chosen “conveniently” to allow for analytic solutions. The C-D function, however, suffers from its fixed elasticity that does not allow for the substitutability between man-made capital and natural capital to change, which is vital for economic sustainability. Using system dynamics removes this constraint and enables more realistic ecological economics models containing functions not amenable to analytic solution. The base model is the natural resource and population growth model developed by Brander and Taylor (1998) …
Innovation, Markets, And Evolution, Mitch Green
Innovation, Markets, And Evolution, Mitch Green
Economics Undergraduate Honors Theses
This paper approaches innovation from an evolutionary perspective. Literature spanning a broad range of traditions in economics is considered, to include Institutionalist, Schumpeterian, post-Keynesian, and growth theorists. Key systemic changes are examined in the context of prevailing technological and social institutions. It is argued that expectation-fixing effects such as path-dependence in investment and innovation provide structure to a social network of market institutions that seek to validate money contracts. The institution of money is considered as a center of power in the system and affects the course of innovation. Money as the unit of account becomes the object of …
Determinants Of Housing Prices In Pittsylvania County, Jason Hall
Determinants Of Housing Prices In Pittsylvania County, Jason Hall
Undergraduate Theses and Capstone Projects
The purpose of this research is to determine the implicit factors influencing housing prices in Pittsylvania County, a rural county in Southside Virginia. Currently in Pittsylvania County there is a debate over whether or not to mine what is believed to be the largest deposit of uranium in the United States, containing approximately 119 million pounds of uranium ore at an estimated value of $7 billion to $10 billion. The Virginia Coal and Energy Commission issued its final approval for the National Academy of Sciences to study the debate from a socio-economic standpoint. The $1.2 million study is currently taking …
Antinomies Of Capitalism (Review Of Globalization Its Discontents Joseph Stiglitz, Fernando Estrada
Antinomies Of Capitalism (Review Of Globalization Its Discontents Joseph Stiglitz, Fernando Estrada
Fernando Estrada
We present the central arguments of the critics on the limits and scope of globalization on the work
God Is A Woman, David Randall Jenkins
God Is A Woman, David Randall Jenkins
David Randall Jenkins
The work-in-process paper demonstrates God is a woman
Financial Theory Has A Paradigm A La Kuhn?, Fernando Estrada
Financial Theory Has A Paradigm A La Kuhn?, Fernando Estrada
Fernando Estrada
This article aims to discuss two issues relatively linked. The first is an evaluation of the concept of paradigm of T. Kuhn in his representative work: The Structure of Scientific Revolutions ERC, [Ku96] and the complementary version by W. Stegmüller, Structure and dynamics of theories EDT, [Steg83]. This refined interpretation of the concept of paradigm allows for a more complete set of central Kuhnian concept. The second objective is to analyze the scope of the Kuhnian concept of models to evaluate financial explanation. Is explored preliminarily proposed fractal models / multifractal (F / M) of Mandelbrot [Mand97, 82, 02, 05]. …
The Law Of Vertical Integration And The Business Firm: 1880-1960, Herbert J. Hovenkamp
The Law Of Vertical Integration And The Business Firm: 1880-1960, Herbert J. Hovenkamp
All Faculty Scholarship
Vertical integration occurs when a firm does something for itself that it could otherwise procure on the market. For example, a manufacturer that opens its own stores is said to be vertically integrated into distribution. One irony of history is that both classical political economy and neoclassicism saw vertical integration and vertical contractual arrangements as much less threatening to competition than cartels or other horizontal arrangements. Nevertheless, vertical integration has produced by far the greater amount of legislation at both federal and state levels and has motivated many more political action groups. Two things explain this phenomenon. First, while economists …
Neo-Brandeisianism And The New Deal: Adolf A. Berle, Jr., William O. Douglas, And The Problem Of Corporate Finance In The 1930s, Jessica Wang
Seattle University Law Review
This essay revisits Adolf A. Berle, Jr. and The Modern Corporation and Private Property by focusing on the triangle of Berle, Louis D. Brandeis, and William O. Douglas in order to examine some of the underlying assumptions about law, economics, and the nature of modern society behind securities regulation and corporate finance in the 1930s. I explore Douglas and Berle’s academic and political relationship, the conceptual underpinnings of Brandeis, Berle, and Douglas’s critiques of modern finance, and the ways in which the two younger men—Berle and Douglas—ultimately departed from their role model, Brandeis.
A Note On Causal Relationship Between Fdi And Savings In Bangladesh, Mohammad Salahuddin, Muhammad Shahbaz Shahbaz, Muhammad Irfan Chani
A Note On Causal Relationship Between Fdi And Savings In Bangladesh, Mohammad Salahuddin, Muhammad Shahbaz Shahbaz, Muhammad Irfan Chani
Muhammad Irfan Chani
This paper aims to investigate the causal relationship between foreign direct investment and gross domestic savings in Bangladesh over a period of 1985-2007. In doing so, Johansen cointegration technique and error correction methods are employed to examine the long run and short run relationship between foreign direct investment and gross domestic savings. To determine the direction of causality, we used innovation accounting approach. Results suggest that there exist bi-directional causal relationship between foreign direct investment and gross domestic savings but the movement is stronger from domestic savings to foreign direct investment. The result also implies complimentary relationship between them and …