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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Dissertation•
01 Jan 2015
TL;DR: In this paper, the authors focus on the microeconomics course in the core curriculum and offer proposals which introduce alternative value bases to orient, motivate, and drive the firm in the economic environment.
Abstract: A period of extraordinary change is pressuring schools of business to rethink their curricula and mission statements in order to adapt to new environments The authors, both economists with many years of teaching experience, focus on the microeconomics course in the core curriculum and offer proposals which introduce alternative value bases to orient, motivate, and drive the firm in the economic environment These include proposals from the frameworks of humanistic and social economics
01 Jan 1971
TL;DR: The development of managerial economics has been stimulated by increasing pressures for more effective guidance in the making of major corporate and governmental decisions as mentioned in this paper. Although its contributions have fallen short of needs so far, as might be expected in any relatively new field, substantial progress is being made in identifying the sources of past inadequacies and in formulating approaches to overcoming them.
Abstract: The development of managerial economics has been stimulated by increasing pressures for more effective guidance in the making of major corporate and governmental decisions. Although its contributions have fallen short of needs so far, as might be expected in any relatively new field, substantial progress is being made in identifying the sources of past inadequacies and in formulating approaches to overcoming them. Resulting advances are likely not only to enhance the direct applicability of economic analysis at the decision-making level, but also to strengthen the theoretical structure of economics by filling in some of the voids underlying its generalised concepts and models.
01 Jan 2004
TL;DR: In economics, random shocks could generate a fluctuation in a macroscopic structure of social states, which could be traced back to Hildenbrand [9] as mentioned in this paper.
Abstract: Individualistic utility theory has long been the core of economics since its appearance in the end of the 19G. This theory explicitly presumes that agents in the societies arehomogeneousin a sense of all fulfilling a certain set of similar rational preference postulates. Another conspicuous feature of the story is to assume that every individual is based on a universally giveninnatepreference as never been affected by outside environments or random shocks. Into individual’s decision the cost for social interaction has never been taken account. Recently, sonic new innovations to overcome these limitations in utility theory are coming up to renew our old story entirely. These have some different springs. One of these comes from the idea ofrandom preferencein economics, which could be traced back to Hildenbrand [9]. Even if agents were homogeneous, random shocks could generate a fluctuation in a macroscopic structure of social states.