economic theory

There is ample support in economic theory for your view - it is just a shame there is little support for it in practice.

As we know from general economic theory, the invariable result of an increase in the supply of a good is to lower its price.

Economic theory is built on the concept of equilibrium, and that concept is in direct contradiction with the concept of reflexivity.

[R]ational behavior is not a premise of economic theory, though it is often presented as such.

Neither statistical analysis of history, nor economic theory offer tight limits on the timing of collapses, even to within a year or two.

It's now possible to curl up in bed with "The Economic Theory of a Common-Property Resource: The Fishery. "

Classic economic theory says that money supply can be used to stimulate the economy and our central bankers seem to agree.

A sense of injustice may lead to murder, or to a ground-breakiing work of economic theory.

Numerous other illustrations, with a less mathematical flavor might be cited as statistical tests of economic theory.

After the biggest meltdown since the Great Depression, economic theory tells us that world commodity prices should not be this high.

Economic theory jumped through many hoops trying to eliminate this element of uncertainty.

First, I discovered that economic theory does exist and that it is the only way to understand economic reality.

But environmentalism offers no economic theory, only a visceral dislike of any economic calculus.

The work of an economist (Levitt) and a writer (Dubner), Freakonomics used economic theory and data to explain social phenomena.

That wrong economic theory fails to take account of how the animal spirits affect economic behaviour.

Statistical, economic theory and mathematics among the unity of this constitutes a quantitative economics.

When these conditions are absent, markets malfunction; the way they do so is one of the great topics of economic theory.

The laureates' work shows economic theory can help us see reality with a deeper understanding of it.

In exchanging economic theory, commutative right is the concept of an outbalance .

Several of them have been leading proponents of an economic theory known as New Keynesianism.

If there were to be such an economic theory, there is really only one candidate, based on extreme rationality and market efficiency.

Has there ever been a President who consistently pursued sound economic theory?

Since the Mises theory is the only one that stems from a general economic theory, it is the only one that can provide a correct explanation.

Value theories are a large part of the differences and disagreements between the various schools of economic theory.

an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money.

I had much earlier used economic theory to try to understand birth rates and family size.

The man who restored the pin factory to its rightful place at the heart of economic theory celebrates his 100th birthday on December 29th.

I have made this sort of recommendation before on the basis of sound economic theory.

Part II describes and tests the economic theory of sexuality and compares it with the principal moral theories of the subject.

His work Kapital und Produktion was as a key contribution to technical economic theory.

The flow of capital from poor countries to the richest economy in the world is exactly the opposite of what economic theory would predict.

Much of his time there was spent studying modern economic theory.

In less than thirty years it has changed the course of economic theory and financial practice.

In it, Samuelson showed that the same method could be applied to nearly all problems in economic theory.

Over the next 160 years an extensive body of economic theory was developed, whose central message was: Trust the market.

One of John Maynard Keynes's biggest contributions to economic theory was his "paradox of thrift. "

Modern economics is the market economic theory. It's the necessary knowledge for people to understand the market economy.

Furthermore, some economic variables are inherently unpredictable; if they were predictable this would violate economic theory itself.

Susan Athey is an applied theorist who has made important contributions to economic theory, empirical economics, and econometrics .

I must start with a warning: the discussion will take us beyond the confines of economic theory into politics and social philosophy.

Whatever his intentions, all Krugman does is underscore his own lack of understanding of economic theory.

The traditional regulation theory includes pubic interest theory, capture theory of regulation and economic theory of regulation.

Analyze agriculture returning nurtured by industry by development economics theory, public economic theory and industrial economics theory.

The representatives of this school of thought despised economic theory for its advocacy of universally valid economic laws.

He emphasized that economic theory was not a game played by clever academicians, but was a powerful tool to analyze the real world.

Statement, summarization and comment on the requirements and contents are the basic tasks of Chinese modern economic theory.

It warns people that the existing economic system and economic theory, it should be a deep reflection.

The paradigm of economic theory is general method in which economist analyze economic problem and universally accepted thoughts.

On economic theory, environmental deposit is built on environmental negative externality and extended producer responsibility.

If mainstream economic theory is fundamentally flawed, we are no better than doctors diagnosing with astrology.

To anticipate a new political force or economic theory, or even a new product, is to take the main step in bringing it into being.

The failure of these theories brings the entire edifice of economic theory into question.

The concept of reflexivity, in particular, has been studiously avoided and even denied by economic theory.

an economic theory advocating free competition and a self-regulating market and the gold standard.

Let me lay out the relevant economic theory and evidence.

In the crystalline world of political and economic theory the immediate task is to stop the run on Europe's banks and sovereign borrowers.

Mr Obama himself told The New York Times: "My own core economic theory is pragmatism. "

These measures have roots in different schools of thought in terms of economic theory.

IN ECONOMIC theory the winner's curse[1] refers to the idea that someone who places the winning bid in an auction may have paid too much.

His course was filled with insights both into the structure of economic theory and its application to practical and significant questions.

The contradiction could be resolved by recognizing that economic theory cannot meet the standards of Newtonian physics.

Economies of Scale An economic theory stating that a plant's marginal cost of production decrease as the plant's operation increases.

From thestandpoint of economic theory, the famous physiocratic tenet that only land isproductive must be considered bizarre and absurd.

Embodiment hypothesis Economic theory which states that investments in new capital equipment embody technical change.

Economic theory normally assumes that firms seek to maximize profit for the owners of the firm, or the maximization of shareholders' wealth.

The introduction of the euro and the rapid growth of the dollar area made validation to the correctness of the regional economic theory.

The public provision of public goods and the indiscriminate consumption about them are analyzed in the classical economic theory.

After the advancing of the recycling economic theory, the trade union developed further in promoting recycling economy.

Foreign Aid, Public Spending, Optimal Fiscal and Monetary Policies, and Long-Run Growth, forthcoming in Journal of Public Economic Theory.

The problem of national defense expenditure is an important national defense economic theory research content.

Secondly, the thesis analyzes the causes of the SME financing difficulties in the economic theory and the practical environment.

Now, in economic theory, cheating is a very simple cost-benefit analysis. You say, what's the probability of being caught?

Such courses focus on the mathematical models that have become the cornerstone of modern economic theory.

Yet here, economic theory would prescribe not censorship, but a tax on violent films.

Economic theory suggests that trade with emerging markets creates a wage premium for the skilled workers in rich countries.

Economic theory therefore confirms what economic practice already demonstrated.

This led me to start questioning the assumptions of economic theory.

Rather, economic theory is an internally coherent framework for interpreting "the data" in the first place.

Today, economic theory suggests that good resource management requires ownership, either private or public.

It dilates on the economic constructions and achievements of SEZ and studies the key economic theory and actual problems under Open Policy.

Economic theory should not be expected to produce universally valid laws that can be used reversibly to explain and predict historic events.

But economic theory struggles to explain the bizarre world of fund management, where the market is fragmented but fees stay stubbornly high.

Today, economic theory suggests that good resource managementreqiresrequires ownership, either private or public.

However, economic theory and European practice have taught us that there is a general risk that regulation is disproportional .

When it came to practical issues of economic policy, Keynes preferred to appeal to common sense rather than abstruse economic theory.

Firstly, through a review and description of relevant economic theory on the issue we will clarify the theory basis of MBO.

Until recently, most of the answers have come from scholars with scant knowledge of economic theory.

Economic theory' points out that Chinese railway need an institutional transition to lower the transaction costs.

Economic literature contains many such partial applications of statistics to economic theory.

They raced to answer questions on different subjects -- from personal finance to economic theory to current events.

The behavior economic theory has provided a new angle of view for the tourist behavior research.

The paper makes in-depth analysis on necessities and content design of government regulation with economic theory.

More than once, List has found behaviour "in the wild" that looks much closer to the prediction of economic theory.

Economic growth is the promises of social and economic development and the eternal topic of economic theory development.

Economic theory predicts the results of economic decisions about farm production, rent control, and the minimum wage.

This error does not make neoclassical economic theory simple.

Wushu, Center of Economic Theory, China Financial and Economic Publishing House.

models from economic theory providing plausible micro foundations for the occurence of long memory in economics.

After all, modern economic theory rests on the idea that incentives matter in determining how people behave.

Economic theory generally assumes that individuals are completely rational, and as such, make rational decisions.

How traders have been triumphing over economic theory ?

The paper is theoretically based on regional economic theory, advantage comparing theory and the theory of government functions.

Standard economic theory makes the mistake in ignoring the role of human passions and animal spirits.

And among those expressing dissent are some of the leading lights of economic theory over the last 40 years.

"Rational Fools: A critique of the behavioral foundations of economic theory" , 1977, Philosophy and Public Affairs, Summer 1977.

This is a very convenient property, but unfortunately it does not justify an extensive use of the concept in economic theory.

The real issue is not whether conventional economic theory can rationalise bubbles.

The thesis is on the foundation of the consumption economic theory, supply and demand theory of the house market.

Based on the economic theory, the article points out the crux of environmental problems of tourism is external diseconomy.

Economic theory provides a framework that enables us see the fundamental structures of actual economies.

"People's complex attitudes toward money often defy economic theory. "

We must Change the idea of traditional dogmatism, substantiate and innovate the content of courses of Marx's economic theory.

There is a tendency in contemporary economic theory to run to an extreme.

In 1936, Roosevelt and his team didn't even have an economic theory to justify deficit spending in an economic emergency.

He has in fact simply rewritten considerable parts of economic theory.

In the economic theory, market and hierarchy are two main ways of resource allocation.

Our new ideas about human nature throw into doubt many of the core assumptions of classical economic theory.

Quite the contrary, modern economic theory explains why the government must take an active role especially in regulating financial markets.

Economic theory has modeled itself on theoretical physics.

Pure economic theory tells you little about what that might mean for our leisure time.

'It's a normal trend based on economic theory, ' Ji Zhu, a global economics professor at Beijing Technology and Business University.

History and economic theory suggest that sooner or later others will catch up.

QUESTION FROM PABLO: What has been your biggest mistake regarding an economic theory?

heR mastery of economic theory impressed the professors.

Eric Maskin's work in economic theory has had a deep influence on many areas of economics, political science, and law.

There is not, and never will be, an economic theory of everything.

Economic theory has to take into account the enormous diversity and interdependence.

Zhang Yu. Some Issues on the Economic Theory of Socialism with Chinese Characteristics [J]. Review of Political Economy, 2008 (1).

No economic theory suggests you should value mortgage derivatives on the basis that house prices would always rise.

Imperfect lowcarbon economic theory leads to the deviation of actual guidance.

It goes back to the foundations of economic theory.

They argue on the basis of classical economic theory that a fiscal stimulus would have little or no effect on employment .

(An Economic Theory of Democracy).

Can economic theory shed any light on this?

Economic theory suggests that makes sense.

There are ways of dealing with the variety and irrationality of real agents in economic theory.

an economic theory alien to the spirit of capitalism.

Unfortunately this is something very few students of economic theory know even when they finish their studies and leave the university.

A major part of economic theory deals with large-scale phenomena such as stock market fluctuations or gross national products.

Economic theory predicts the results of economic decisions such as decisions about farm production , rent control , and the minimum wage .

But by far the most impressive attempt has been mounted by economic theory.

An economic theory in favor of laissez-faire , the free market, and the gold standard.

Mainstream economic theory suggests that a minimum wage set too high will cost jobs.

What Determines the Importance of Economic Theory?

To some, this revelation represented a culminating event for economic theory.

This postulate is absurd but it is needed in order to allow economic theory to model itself on Newtonian physics.

too often in the past , advocacy of policies has been based on the latest economic theory in fashion , rather than on hard evidence.

Let's stop isolating this economic theory from the real world.

The third part is mainly rich peasants economic theory and policy.

She gained her mastery of economic theory by spending a long time working for the World Bank.

It is a bizarre economic theory, I agree.

The best way to solve this problem is development of tourism which based on the circulation economic theory.

This makes little sense in the world of standard economic theory, where the value of something depends on what it is.

I was wondering if there is any support in economic theory for my view.

Trade surplus will lead to exchange rate appreciation, which is the understanding many people get from the Western economic theory.

That is what economic theory has tried to ignore.

That is when economic theory parted company with reality.

Steeped in economic theory, you might think that demand now declined.

I am wondering whether there is any support in economic theory for my view?

He even said federal courts shouldn't enforce antitrust laws because they were based on a flawed economic theory.

This category shouldn't exist, according to standard economic theory: If you really liked it and could afford it, you'd buy it.

Most classical economic theory says no. If you have more choices, it says, then you have a greater chance of finding a choice that you like.

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