Economic theory and philosophy

I.

When we first invited the group of distinguished scholars represented here to contribute to a new volume on Austrian economics, four themes were stressed: tensions, new directions, selectivity, and criticism.

Economic analysis of choice under uncertainty has been dominated by the expected utility (EU) model, yet the EU model has never been without critics.

Computational economics has been at the forefront in stimulating the de- velopment of mathematical methodologies for the analysis and solution of complex, large-scale problems.

This collection of papers reflects the variety of interpretations and definitions connected with the concept of `mercantilism' which have evolved historically during the last two centuries.

Coordination is extremely important in economic, political, and social life.

The study of bureaucracy must include certain key questions: what are bureaucrats and bureaucracies; why do they exist and what are their functions; how do they behave; how much power do they possess; what is their impact on efficiency and production; and how do they affect society?

Interest in John Maynard Keynes's economic, political and philosophical thinking has undergone a tremendous revival in the last decade.

What is the relation between economics and religion?

People live by ideas which help them to make sense of their experiences.

Imperfections and Behavior in Economic Organizations analyzes the organization of economic decision making in a contemporary setting.

In macrodynamics and business cycle analysis we find nowadays a variety of approaches elaborating frameworks for studying the fluctuations in economic and financial data.

Two central problems in the pure theory of economic growth are analysed in this monograph: 1) the dynamic laws governing the economic growth processes, 2) the kinematic and geometric properties of the set of solutions to the dynamic systems.

THE CONCEPTION OF THIS VOLUME This volume, Cardinalism, has been initiated by Ole Hagen, and is now published due to his perseverance and to Kluwer Academic Publishers.

Biz Jets: Technology and Market Structure in the Corporate Jet Aircraft Industry traces the development of business jet aircraft from the mid-1950s through early 1993.

New Directions in Computational Economics brings together for the first time a diverse selection of papers, sharing the underlying theme of application of computing technology as a tool for achieving solutions to realistic problems in computational economics and related areas in the environmental, ecological and energy fields.

Adam Smith and the Philosophy of Law and Economics is a unique book.

Each chapter of Macroeconometrics is written by respected econometricians in order to provide useful information and perspectives for those who wish to apply econometrics in macroeconomics.

Marc R.

Our original reason for writing this book was the desire to write down in one place a complete summary of the major results in du- ality theory pioneered by Ronald W.

This volume represents a contribution to the philosophy of economics with a distinctive point of view -- the contributors have selected particular areas of economics and have probed these areas for the philosophical and methodological issues that they raise.

Policy scientists have long been concerned with understanding the basic tools, or instruments, that governments can use to accomplish their goals.

The concept of localized technological change is emerging at the crossroads of different approaches to the economics of innovation and new technologies.

Information theory, cybernetics and the theory of finite automata are used to model learning-by-doing, bounded rationality, routine behavior, and the formation of teams.

For a quarter of a century the industrial Western world has been living in the euphoria of continuous improvements in welfare, based on economic programming, increasing integration and terms of trade which favor indus- trial countries and discriminate against agricultural regions.

Years ago, prompted by Grize, Apostel and Papert, we undertook the study of functions, but until now we did not properly understand the relations between functions and operations, and their increasing interactions at the level of 'constituted functions'.

number of these concerns may be compared with capitalist enterprises ways), derived from the utility's annual reports, have been added to the (1.

In the introduction to his book Dr.

This book started with the thought that here was an interesting man who lived at an interesting time.

This book can be described as a development of my Masters thesis, 'The Economics of A.

Search Theory and Unemployment contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment.

Contemporary international aid consists of a wide range of various support programs, where the end-result in many cases not only reflects the needs of the recipient country, but also the interests of the donor country.

Evolutionary Economics: Program and Scope offers a fresh look at the paradigmatic foundations and basic theoretical propositions of economics.

IS-LM is perhaps the prime example of `cognitive dissonance' in economics, and is problematic to many economists.

In the 1970's, the research agenda in insurance was dominated by optimal insurance coverage, security design, and equilibrium under conditions of imperfect information.

A cutting-edge survey of formal methods directed specifically at dealing with the deep mathematical problems engendered by the study of developing systems, in particular dealing with developing phase spaces, changing components, structures and functionalities, and the problem of emergence.

This book brings together a number of articles, for the most part already pub- lished, that develop a contemporary institutionalist approach to the study of the economic role of government.

The essays in this volume are the result of a workshop held at Virginia Polytechnic Institute and State University in April, 1979.

The present monograph has grown out of a good many years of study of the history of the European trade to the East Indies.

5 by predations of the sea peoples.

This is not a festschrift, but a study of the prodigious Samuelson phe- nomenon, his history-making contributions to and impact on the econom- ics of our age, and the intricate, often perplexing, and divergent trends in modern economics - all intensely controversial subjects that will be argued, scrutinized, and periodically reassessed by economists of various strands and traditions for years to come, for, as Samuelson wrote of Pigou, "e;immortality does have its price.

Reflections on the State of the Art in Labor Economics 3 William Darity, Jr.

Bifurcation theory has made a very fast upswing in the last fifteen years.

It is often said that everyone understands precisely what is meant by the notion of probability-except those who have spent their lives studying the matter.

In the autumn of 1961 Jan Salomon ('Mars') Cramer was appointed to the newly established chair of econometrics at the University of Amsterdam.

Giovanni Castellani Rector of the University of Venice This book contains the Proceedings of the Conference on "e;Economic Policy and Control Theory"e; which was held at the University of Venice (Italy) on 27 January-l February 1985.