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