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Author: Rodrigo Mujica Ateaga
Publisher:
ISBN:
Category :
Languages : en
Pages : 450
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Book Description
Author: Rodrigo Mujica Ateaga
Publisher:
ISBN:
Category :
Languages : en
Pages : 450
Get Book Here
Book Description
Author: Andreas Chai
Publisher: Springer
ISBN: 3030024237
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
The purpose of this contributed volume is to consider how global consumption patterns will develop in the next few decades, and what the consequences of that development will be for the economy, policymakers, and society at large. In the long run, the extent to which economic growth translates into better living conditions strongly depends on how rising affluence and new technologies shape consumer preferences. The ongoing rise in household income in developing countries raises some important questions: Will consumption patterns always continue to expand in the same manner as we have witnessed in the previous two centuries? If not, how might things evolve differently? And what implications would such changes hold for not only our understanding of consumption behavior but also our pursuit of more sustainable societies?
Author: Julia Sophie Woersdorfer
Publisher: Routledge
ISBN: 1351789082
Category : Business & Economics
Languages : en
Pages : 252
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Book Description
The increasing division and specialization of labor between the market and the nonmarket sector is a central stylized fact of long-run economic development. Over time, a large share of activities which had formerly been carried out by the private household itself has become replaced by market alternatives, raising at the same time the demand for consumer goods. The neoclassical economic framework of household production theory relates the increasing demand for household technology to rising wages and opportunity costs of time: the higher the wage rate, the more costly it is to spend time in unpaid housework activities. Consumer products are thus purchased to make household production processes more efficient and to substitute capital goods for the household’s time (time substitution hypothesis). Although this hypothesis sounds plausible at first sight, it cannot capture the essential phenomena underlying the complex process of the mechanization of the home over the past 200 years. Its major weakness lies in the treatment of consumer preferences, whose explanatory potential is explicitly factored out. Using the washing of clothes as a microcosm of household economics, this book examines long-term changes in cleanliness consumption patterns from the perspective of an evolutionary economic, psychologically informed consumer theory. Woersdorfer shows how the historical evolution of cleanliness consumption over the past 200 years is the result of the interplay of supply and demand side factors, namely, technical change in washing technology on one side and motivational driving forces and consumer learning capabilities on the other. Hence, not changing relative prices but innate consumer needs and consumer learning processes, leading to a growing understanding of how to satisfy those needs, are the essential driving forces behind the rising technological endowment of the home and the corresponding demand for household appliances. The Evolution of Household Technology and Consumer Behavior, 1800–2000 will be of interest to researchers in the field of evolutionary economics, history of technology, economic history, innovation economics and sociology.
Author: Uwe Cantner
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110509202
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
Author: Kurt Dopfer
Publisher: Taylor & Francis
ISBN: 0429677723
Category : Business & Economics
Languages : en
Pages : 477
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Book Description
While dating from post-Classical economists such as Thorstein Veblen and Joseph Schumpeter, the inception of the modern field of evolutionary economics is usually dated to the early 1980s. Broadly speaking, evolutionary economics sees the economy as undergoing continual, evolutionary change. Evolutionary change indicates that these changes were not planned, but rather were the result of innovations and selection processes. These often involved winners and losers, but most importantly, they resulted in actors learning what was and was not working. Evolutionary economics, in contrast to mainstream economics, emphasises the relevance of variables such as technology, institutions, decision rules, routines, or consumer preferences for explaining the complex evolutionary changes in the economy. In so doing, evolutionary economics significantly broadens the scope of economic analysis, and sheds new light on key concepts and issues of the discipline. This handbook draws on a stellar cast list of international contributors, ranging from the founders of the field to the newest voices. The volume explores the current state of the art in the field of evolutionary economics at the levels of the micro (e.g. firms and households), meso (e.g. industries and institutions), and macro (e.g. economic policy, structure, and growth). Overall, the Routledge Handbook of Evolutionary Economics provides an excellent overview of current trends and issues in this rapidly developing field.
Author: Steven Silver
Publisher: Springer
ISBN: 0230362559
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
Personal consumption accounts for two thirds of GDP, yet recent economic events have emphasised our limited ability to translate consumption patterns into policy. Steven Silver analyses this understudied area, exploring the network memberships that emerge from our everyday lives, and the consumption patterns these create.
Author: Horst Hanusch
Publisher: Edward Elgar Publishing
ISBN: 1847207014
Category : Business & Economics
Languages : en
Pages : 1229
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Book Description
The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics. For 25 years economists have been investigating industrial dynamics under the heading of neo-Schumpeterian economics, which has itself become a mature and widely acknowledged discipline in the fields of innovation, knowledge, growth and development economics. The Elgar Companion to Neo-Schumpeterian Economics surveys the achievements of the most visible scholars in this area. The contributions to the Companion give both a brief survey on the various fields of neo-Schumpeterian economics as well as insights into recent research at the scientific frontiers. The book also illustrates the potential of neo-Schumpeterian economics to overcome its so far self-imposed restriction to the domains of technology driven industry dynamics, and to become a comprehensive approach in economics suited for the analysis of development processes in all economic domains. Integrating both the public sector and financial markets, the book focusses on the co-evolutionary processes between the different domains. As a roadmap for the development of a comprehensive neo-Schumpeterian theory, the Companion will be an invaluable source of reference for researchers in the fields of industrial dynamics and economic growth, and academics and scholars of economics generally. PhD students will find the Companion an indispensable general introduction to the field of neo-Schumpeterian economics. It will also appeal to politicians and consultants engaged in national and international policy as the Companion deals with the highly important and ever topical phenomena of economic development.
Author: Max Gillman
Publisher: Routledge
ISBN: 1134021739
Category : Business & Economics
Languages : en
Pages : 420
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Book Description
These essays bring together a progression in monetary theory. The major theme that runs through all of the chapters is that in order to do monetary economics well in general equilibrium, it helps to have a good money demand underlying the theory. A proper underlying money demand sets up arguably the best foundation from which to make extensions of monetary economics from the basic model. At the same time that money demand is modelled, this also “endogenizes” the velocity of money. This has been a challenge in the literature that these essays solve and then use to extend basic neoclassical growth and business cycle theory. Solving this problem, in a way that is a natural, direct, and “micro-founded” extension of the standard monetary theory is the first major contribution of the collection. The second major contribution is the extension of the neoclassical monetary models, using this solution, to reinvigorate classic issues of monetary economics and take them to the frontier.
Author: Kurt Marti
Publisher: Springer Science & Business Media
ISBN: 3540352627
Category : Business & Economics
Languages : en
Pages : 330
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Book Description
Ongoing global changes pose fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge traditional models and require new concepts and analytical tools. Uncertainty can dominate, as in the climate change debates. Increasing the resolution of models does not always yield sufficient certainty. This book presents much-needed new tools for modeling and management of uncertainty.
Author: Fabio Petri
Publisher: Springer Nature
ISBN: 3030620700
Category : Economic history
Languages : en
Pages : 1395
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Book Description
This textbook explains comprehensively and in rigorous detail not only mainstream microeconomics, but also why many economists are dissatisfied with major aspects of it, and the alternative that they are exploring in response: the Classical-Keynesian-Kaleckian approach. This advanced yet user-friendly book allows readers to grasp the standard theory of consumers, firms, imperfect competition, general equilibrium, uncertainty, games and asymmetric information. Furthermore, it examines the classical approaches to value and income distribution advocated by Adam Smith, David Ricardo and Karl Marx, as well as Post-Keynesian pricing theory, and the microeconomics of variable capacity utilization. Using simple models, it highlights the analytical roots of the important differences between the marginal/neoclassical approach and the classical-Keynesian, critically examining the plausibility and reciprocal consistency of their assumptions. The book also addresses various microeconomic issues not generally included in advanced microeconomics textbooks, including differential land rent, joint-production long-period pricing, capital theory from Walras to the Cambridge debates, the foundations of aggregate production functions, the microeconomics of labor markets, and the long-period theory of wages. Lastly, it presents a unique re-evaluation of welfare economics. Intended for advanced undergraduate and graduate microeconomics courses, this textbook offers a comprehensive introduction to the various approaches and different schools of thought currently competing in the context of economic theory. It can also be used in courses on value and distribution, heterodox economics, and the history of economic analysis. In the present situation, characterized by scientific uncertainty and the co-existence of competing approaches, it will stimulate students to form their own opinion as to which approach appears more promising from a scientific standpoint.
