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Intermediate microeconomics : A modern approach
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The Varian approach as mentioned in this paper gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation, and is still the most modern presentation of the subject.Abstract:
This best-selling text is still the most modern presentation of the subject. The Varian approach gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation.read more
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Journal ArticleDOI
Competing Models of Socially Constructed Economic Man: Differentiating Defoe's Crusoe from the Robinson of Neoclassical Economics
TL;DR: The authors compare Defoe's conception of economic man with that of the neoclassical Robinson Crusoe economy, arguing that the latter is a reflection of historically produced assumptions about the need for social conformity, not the embodiment of any genuinely essential economic characteristics.
Journal ArticleDOI
Ecological Theories and Major Hypotheses in Ethnobotany: Their Relevance for Ethnopharmacology and Pharmacognosy in the Context of Historical Data
Marco Leonti,Laura Casu,Domingos Tabajara de Oliveira Martins,Eliana Rodrigues,Guillermo Benítez +4 more
TL;DR: It appears that the concept of utilitarian redundancy has been applied in a too reductionist and uncritical way, while the apparency theory is conceptually inconsistent and contradictive allowing for multiple interpretations.
Journal ArticleDOI
Explanatory value in context: the curious case of Hotelling’s location model
N. Emrah Aydinonat,Emin Köksal +1 more
TL;DR: This paper made a striking contrast between the significance of Harold Hotelling's contribution to industrial economics and the fact that his location model was invalid, unrealistic and non-robust, and pointed out that Hotelling was not a good location model.
Dissertation
Effects of foreign aid predictability on investment and economic growth in Kenya
TL;DR: In this paper, the authors examined the effect of foreign aid on investment and economic growth; examine the impact of macroeconomic policy environment on foreign aid, investment, and economic development; analyse the effect foreign aid unpredictability on investment; and suggest policy implications; they found that there was a complementary relationship between private investment and public investment.
Journal ArticleDOI
Quantifying the economic efficiency impact of inaccurate renewable energy price forecasts
TL;DR: In this article, the authors demonstrate a simple approach to quantify economic efficiency losses due to inaccurate energy price forecasts and show that empirically, forecasting errors have their impact on efficiency losses, even though at their current state, forecasts are fairly accurate already.