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25 articles for “Economic Theory”
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Research ArticleOpen accessIn the abstractECONOMIC SUSTAINABILITY OF EARLY POTATO PRODUCTION IN THE MEDITERRANEAN AREAFilippo Sgroi, Anna Maria Di Trapani, Riccardo Testa, Salvatore TudiscaThe interactions between a given commercial enterprise, its territory and development, have become a key issue in recent years. Theories of economic development tell us that a territory may undergo development provided viable, economically sustainable commercial activities exist. Based on the latter postulate, the present paper analyzes the economic sustainability of farming enterprises growing early potatoes in a Mediterranean setting. … …American Journal of Applied Sciences, Vol. 11, Issue 9 · 12 Aug 2014 · 7,549 accessesView PDFCite
Research ArticleOpen accessIn the abstractApplication of Theories of Complexity and Chaos to Economic MisgovernancePartha Gangopadhyay, Nasser Elkanj, Mustafa A. RahmanProblem statement: In this study we develop a comprehensive model involving local taxes, intergovernmental transfers and bureaucratic corruption to characterize a fiscal equilibrium in order to explain the provision of local (public) expenditure in developing nations. The main goal of the research is to explain economic misgovernance as an equilibrium phenomenon, which is therefore expected to persist over time despite … …Journal of Mathematics and Statistics, Vol. 7, Issue 3 · 27 Jul 2011 · 7,375 accessesView PDFCite
Research ArticleOpen accessIn the abstractThe Empirical Study of Japanese Deposit Withdrawal Behaviors on Unstable Financial EnvironmentToshihiko Takemura, Takashi Kozu, Tetsuro KobayashiProblem statement: We need to analyze to withdrawal behavior rather than deposit behavior on the situation which financial institutions might fail. However, there are few studies on withdrawal behavior although there are various studies on individual deposit behavior. Approach: Our purpose of this study is to investigate relationships between individual’s deposit withdrawal behavior and economic and psychological factors using micro … …American Journal of Economics and Business Administration, Vol. 3, Issue 2 · 7 Apr 2011 · 6,992 accessesView PDFCite
Research ArticleOpen accessIn the abstractAspirin in Cardiovascular and Cerebrovascular Events: Does Market Failure Matter?Roger Lee MendozaProblem statement: Against the backdrop of the 2009 scientific studies qualifying the cardiovascular and cerebrovascular benefits of aspirin, two interrelated questions are raised for investigation in this study. First, why may the government intervene in an otherwise private transaction between physician and patient and between drug manufacturer and buyer, when it involves contentious pharmacological information? Second, does government intervention make … …American Journal of Economics and Business Administration, Vol. 2, Issue 1 · 31 Mar 2010 · 8,430 accessesView PDFCite
Research ArticleOpen accessIn the abstractA Theory of the Risks of Venture Capital FinancingEdmund H. MantellProblem statement: There is no general theory analyzing how the time-varying cash flows of venture capitalist financing affect the likelihood of success of a new venture. This research addressed that lacuna in the literature. Approach: Research in the area of venture capital financing was needed because of the importance of new ventures as germinators of technological innovation. The research in … …American Journal of Economics and Business Administration, Vol. 1, Issue 2 · 30 Jun 2009 · 7,760 accessesView PDFCite
Research ArticleOpen accessIn the abstractIrrationality in the Neoclassical Definition of RationalitySteve KeenIn this study we are not arguing that competition as it actually occurs in practice is not socially beneficial. Our criticism is directed instead at the false belief that rational profit-maximizing behavior and competition as defined by neoclassical economic theory will lead to a welfare-maximizing outcome-again, as defined by neoclassical theory. …American Journal of Applied Sciences, Vol. 2, Issue 13 · 18 Dec 2005 · 8,302 accessesView PDFCite
Research ArticleOpen accessIn the abstractFood Security Forecast within the Framework of Mankind Survival Strategy Concept in the Twenty-First CenturyOrazaly Sabden, Abdumalik AshirovThe present article justifies the necessity of improving the food security planning within the framework of implementing the millennium development goals. In this regard, the study develops a brand new approach in the theory of methodology for assessing and monitoring the global food security, aimed at forecasting quantitative scenarios of its development. A distinctive advantage of this approach is the … …American Journal of Applied Sciences, Vol. 13, Issue 1 · 28 Jan 2016 · 7,944 accessesView PDFCite
Research ArticleOpen accessIn the abstractAssessing of the Competitiveness Level in the Industry using the Correlation Analysis on the Example of Agriculture of the Republic of Tatarstan, Russian FederationSvetlana Fanilevna Khasanova, Aigyl Ilshatovna FazullinaThis study presents the results of evaluation of the competitiveness of farmers and the agricultural sector in the region as a whole. Traditional approach of estimating monopolization level uses Herfindahl-Hirshman and Lerner indexes. But this methods not applicable in case of inhomogeneity of product in industry or when firms manufacture different type of products. The evaluation was performed by using … …American Journal of Agricultural and Biological Sciences, Vol. 10, Issue 1 · 26 Mar 2015 · 7,467 accessesView PDFCite
Research ArticleOpen accessIn the abstractAn Estimation of Rainfall using Fuzzy Set-Genetic Algorithms ModelTeerawat Thongwan, Anongrit Kangrang, Sahalaph HomwuttiwongProblem statement: Damaged by floods are natural disasters that have violence cause significant damage and economic and social. If we can prevent disasters that may occur in advance is important. So an estimated rainfall data is important information for prevention disasters. Approach: The objective of this study is to apply a fuzzy set theory to estimate rainfall. The genetic algorithm … …American Journal of Engineering and Applied Sciences, Vol. 4, Issue 1 · 28 Jan 2011 · 8,020 accessesView PDFCite
Research ArticleOpen accessIn the abstractLot-Sizing Decisions under Trade Credit Depending on the Ordering Quantity in Fuzzy Annual DemandChui-Yu Chiu, Zhi-Ping Lin, Yi LinProblem statement: In reality, there are of various products such as liquids, volatile, medicines and materials, in which the rate of deterioration is very large. However, little attention has been mentioned what the effects of deterioration occur in most inventory systems. Also, the loss of the deterioration should not be neglected as an important issue. Approach: In this study, we … …American Journal of Applied Sciences, Vol. 6, Issue 12 · 31 Dec 2009 · 6,763 accessesView PDFCite