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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01 Nov 2008
2 citations
TL;DR: In this paper, the authors examined the effect of computer-related assignments on the performance of business and economics students and found that participation in computer related projects appears to have no significant effect on student performance measured by course grade.
2 citations
TL;DR: In this article, the authors present a new model of market equilibrium, which has been designed to restore a balance between the levels of production, employment, income and prices, which is the core basis for assessing economic changes in the growth of innovations under the realities of the globalized world economy.
Abstract: The present paper reflects the outcomes of the in-depth analysis relating to the development of the economic analyses indicators to assess growth at different levels of the process of innovations in a national economy. It presents a new model of market equilibrium, which has been designed to restore a balance between the levels of production, employment, income and prices. Specifically, the paper developed a theorem, which has built on the set of the innovations indicators to measure growth in innovations in the development of national economies of world’s developing countries. The novice of the paper is in its justification of the qualitative theory of money as the core basis for assessing economic changes in the growth of innovations under the realities of the globalized world economy. The prime contribution of the study is that it puts a halt to the inefficient and ineffective utilization of natural, material, capital and labor resources. Moreover, it opens up an undisturbed path to the development of green economy thereby leading to the sustainable economic development that saves capital, labor, and environmentally-friendly resources.
2 citations
TL;DR: In this article, the authors highlight the advantages and disadvantages of behavioral economics versus traditional economics on a very sensitive issue: the competition policy, and address market issues that can be solved by means of behavioural economics afterwards turning out attention to behavioral economics and, last but not least the United Kingdom successful model on the matter of competition policy.
Abstract: Behavioral are crucial for understanding both the consumer’s attitude and firms’ attitude as well as for understanding the market outcomes. The past ten years brought a lot of attention from researchers and policy-makers on the behavioral economics issue. Classical, traditional economic models rely on the assumptions of rationality and ordered preferences. Behavioral economics explores interactions between demand and supply including information framing, the use of heuristics in decision-making and time-inconsistent preferences. The research on behavioral economics has led to an extensive debate about the relative merits of both traditional and behavioral economics. First of all we propose to highlight the advantages and disadvantages of behavioral economics versus traditional economics on a very sensitive issue: the competition policy. Then we address market issues that can be solved by means of behavioral economics afterwards turning out attention to the remedies of behavioral economics and ,last but not least, the United Kingdom successful model on the matter of competition policy.
2 citations