Sentences with phrase «economic behavior»

It includes the study of economic behavior of particular units such as a person, firm, household, or industry.
I have often said that that lure of free money brings out the worst economic behavior in people.
Yet, it's only the latest in a string of events that risk fundamentally altering norms that have dictated economic behavior for the past 70 years.
Now we must ask, is this an accurate picture of human economic behavior?
Though religious principles may not have a direct effect on economic behavior, they can lend religious and ideological legitimacy to new motivations, activities, and institutions.
Generally, critics argue that this type of theory is overly static, as well as prone to equilibrium, whereas actual economic behavior is dynamic.
It might also be able to analyze and identify and publish diverse economic behavior than most government agencies can do today.
There is, for example, no Christian economics in the sense of a distinctive Christian science of economic behavior, nor any one Christian answer to the question.
An ► eco-tax is designed to influence human behavior (specifically economic behavior) to follow an ecologically benign path.
To protect consumers from fraud is worthy, but is it worthy to bar an informed consumer from economic behavior that Congress thinks too risky?
Last year, financial markets took the worst drubbing since the Great Depression, so perhaps not surprisingly this year's «Nobel Prize» in economics honors two researchers who studied economic behavior in other settings.
In pursuit of its maximum employment mandate, the FED seeks to use its interest rates (and later unconventional) policies to foster accommodative financial conditions, i.e. affect current state of financial variables (including stock valuation) that influence economic behavior, which in - turn affect the future state of the economy.
A nonmoral economic system tends to create a society either of acquisitive or of collective automatons, depending on the principles relied upon to regulate economic behavior.
Most economists spend no time at all exploring this alternative dimension of economic behavior simply because it is not mathematically tractable.
Insofar as it is a set of values and beliefs, any religion can be useful to the material survival of the poor, whether it provides the individual with experiences, such as those we have described above, which strengthen the dignity and self - esteem of the poor, or because it creates motivations and proposes new values and a new economic culture which lead to new, more productive economic behavior.
First developed as a tool for understanding economic behavior and then by the RAND Corporation to define nuclear strategies, game theory is now used in many diverse academic fields, ranging from biology and psychology to sociology and philosophy.
You've also begun researching economic behavior in capuchin monkeys.
Academia, industry, and public policy have assumed rational economic behavior for so long that we've forgotten about the other aspects of human behavior, aspects that don't fit as neatly into a mathematically precise framework.
Unfortunately, such is the inherent idiocy of standard economic behavior, wall to wall: Low prices spur consumption, increased demand can not keep up with «normal» investments, that leads to a mad rush for developing any half - plausible resource, prices spike, demand slackens.
Using the Lab's empirically derived, data - driven approach to assessing the costs of future climate change, we are pioneering a new framework for generating SCC estimates grounded in observed economic behavior.
In the face of a concrete example of inelastic electrical demand, your rebuttal includes no explanation for why Hawaii should be an exception to expected economic behavior of a general population other than some rather ignorant implications about how you believe the Hawaiian demographic is constituted.
The same goes for within the U.S. Tax policy drives economic behavior in this country, because people respond to incentives.
carbon tax a levy exacted by a government on the use of carbon - containing fuels for the purpose of influencing human behavior (specifically economic behavior) to use less fossil fuels
In addition, a number of universities have hired a cluster of scholars working in the closely allied field of neuroeconomics, which deploys neuroimaging methods to study economic behavior.
He has published articles in leading scholarly journals, including Journal of Economic Behavior & Organization, Economic Inquiry, Public Choice, and Quarterly Review of Economics and Finance.
Shiv's research focuses on the role neural structures play in decision making and economic behavior.
Policymakers thus need to act in a systematic and consistent manner so that expectations are formed accurately and economic behavior can respond consistently with those expectations.
This is rare, but not surprising — it's all typical of late - cycle investor and economic behavior.
There is obviously a measure of truth in this understanding of human beings in their economic behavior.
According to the national economics standards, students should be taught only the «majority paradigm» or «neoclassical model» of economic behavior, for to include «strongly held minority views of economic processes risks confusing and frustrating teachers and students, who are then left with the responsibility of sorting the qualifications and alternatives without a sufficient foundation to do so.»
A model of human reality that can not express this fundamental fact is too abstract and too distorting to be acceptable as a guide to economic behavior.
Siena College Research Institute has extensively polled New Yorkers on political views and economic behavior, but one of the latest surveys trends a bit mundane: asking citizens about everyday life.
Published in the Journal of Economic Behavior & Organization, Carnegie Mellon University's George Loewenstein and Warwick Business School's Nick Chater developed a theoretical model of the drive for sense - making and how it is traded off against other goals.
When hormones spiral out of control, economic behavior can do so as well.
Neuroeconomics, the parent discipline that explores links between the brain and economic behavior, seemed poised to make a triumphant leap from academe to Madison Avenue.
In 2005 and 2004, the Alfred P. Sloan Foundation funded economic research on alternative corporate governance models, namely the principal / agent and team production models, and their ability to explain both the legal and economic behaviors of public companies.
With economist Oskar Morgenstern, Neumann published the definitive treatise on this topic in 1944, «Theory of Games and Economic Behavior
New research published in the Journal of Economic Behavior and Organization examines how past histories are harmful in negotiations, particularly when an event in the past benefited one party at the other's expense.
But cooperation and altruistic tendencies also show up routinely in studies of economic behavior.
«Cities seem to respond quite differently to major economic shocks in terms of their economic behavior, and the personality of a region may play a critical role,» said lead researcher Martin Obschonka, PhD, an assistant professor of psychology at Saarland University in Germany.
Social factors also simultaneously complicate and enable our economic behavior.
Despite the increase in debts, and speculative changes in economic behavior, most policymakers will claim that they can't tell whether a bubble is growing or not.
It's no surprise, then, that economic behavior is o en best viewed through the lens of biology.
Economic behavior is but one aspect of human behavior, and human behavior is the product of biological evolution across eons of different environments.
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