Topic
Managerial economics
About: Managerial economics is a research topic. Over the lifetime, 1524 publications have been published within this topic receiving 83965 citations.
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Book•
05 Aug 1997
TL;DR: A crisis in economic theory is discussed in this paper, where the authors discuss economics as positivism and falsification economics as prediction economics as deduction economics as realism economics as conversation and rhetoric.
Abstract: Is there a crisis in economic theory? how do economists know what they know? what is methodology? economics as positivism and falsification economics as prediction economics as deduction economics as realism economics as conversation and rhetoric is economics a science?
8 citations
Book•
18 Jun 2010
TL;DR: In this article, the most recent developments in Computational Intelligence applied to business and economics presented at the MS'10 International Conference, Barcelona, 15 17 July, 2010 are presented.
Abstract: This book provides some of the most recent developments in Computational Intelligence applied to business and economics presented at the MS'10 International Conference, Barcelona, 15 17 July, 2010. It presents several new theoretical advancements and a wide range of applications in different business and economic areas including accounting, finance, management, marketing, sports, tourism, economics and politics, and also some applications related with engineering and modeling and simulation. This book is very useful for researchers and graduate students interested in pursuing research in business and economics with an orientation to modern techniques for dealing with uncertainty such as those related with modeling and simulation and computational intelligence.
8 citations
27 May 2016
TL;DR: In the Internet economy many of the theoretical assumptions and historical observations upon which economics rests need to be reexamined as mentioned in this paper, and the rigorous analysis of these equilibria at the micro and macro level was a major achievement of economics.
Abstract: In the Internet economy many of the theoretical assumptions and historical observations upon which economics rests need to be reexamined. Economics built a very successful research program by focusing on the choices and behavior of rational individual decision-makers under conditions of scarcity. In this highly stylized framework, eventually increasing incremental costs, decreasing marginal utility and resource constraints result in negative feedback that moves economic processes toward equilibrium states. The rigorous analysis of these equilibria at the micro and macro level was a major achievement of economics. In an economy built around digital technology some of these conditions change fundamentally. Scale economies, interdependencies, and abundance are pervasive and call for analytical concepts that augment the traditional approaches.
8 citations
TL;DR: For example, the authors pointed out that some of the difficulties faced by legal economists can also be explained by an appreciation of the commonalities between economics and law in both subject matter and analytical approach, and that the move of economics into other social sciences such as political science and sociology should have been equally successful.
Abstract: The development of law and economics is a success story in the expansion of economics into other social sciences since the 1960s. The success has been attributed to the fact that economics offers a powerful set of analytical tools with a forceful theory of human behavior. But if this is the only reason, then the move of economics into other social sciences such as political science and sociology should have been equally successful. This, however, has not been true, and the discrepancy calls for an explanation. The commonalities between economics and law in both subject matter and analytical approach provide a more convincing explanation; some of the difficulties faced by the legal economists can also be explained by an appreciation of the commonalites between economics and law.
8 citations