Sentences with phrase «economic theory provides»

While economic theory provides a strong basis for assessing economy ‐ wide economic instruments, much mitigation action is being pursued at the sectoral level.

Basic economic theory provides a useful perspective on multiple measures.

Not exact matches

Economics is supposed to provide mathematical modelling of human behaviour, but the apparent divergence of economic theory from reality in recent years has become a burr under Orrell's saddle.

According to the «Austrian school», one of the most basic flaws in the QTM and in many other economic theories is the treatment of the economy as an amorphous blob that shifts one way or the other in response to stimuli provided by the government, the central bank, or a vague and unpredictable force called «animal spirits».

The theory that human beings in pursuit of their own interests will automatically establish a harmonious society, provided everyone has an equal voice in political affairs, is no more true than the corresponding thesis in economic affairs.

Still, this commitment is sufficiently prominent in the tradition to provide contemporary Buddhists with a basis for protest against the economic theory that the only value of animals is the price humans will pay for them and against the factory farming that this theory supports.

To what extent can a theory of justice which is so similar in nature to economic theory actually provide us with meaningful insight into the demands of «justice of the marketplace»?

Although these economic models have provided a strong and unifying foundation for the development of theory about decision - making, several decades of research on these topics has produced a wealth of evidence demonstrating that, in practice, these models do not provide a satisfactory description of actual human behavior.

Although he acknowledges that the idea of hunting for conservation may work in theory, «there's no point in providing the animal with economic value and then over-hunting them.»

The economic analysis and asset pricing component provides an introduction to the function of markets generally as well as the economic and financial theory that underlies derivatives pricing and hedging.

Two knowledge pylons explain economic theories in a manner which is easily understandable; two others provide insight into how the Lindau Nobel Laureate Meetings started and tell the story behind the Nobel Prizes.

The talk will provide a critical survey of theories of art's relationship to capitalism (reification, culture industry, commodification, spectacle, incorporation, recuperation and real subsumption) as well as offer an alternative account based on art's «economic exceptionalism» resulting in art's «commodification without commodification».

Economic theory can help with policy design at a conceptual level, while modelling can provide an ex ‐ ante assessment of the potential impact of alternative mitigation policies.

In theory, it accomplishes this in three ways: by reducing the number of car accident cases in the courts; by placing a cap on the payment of pain and suffering damages; and by providing only limited payment for economic losses [5].

That's because the results, while early, appear to provide a counterpoint to the thinking that has so far driven decisions in the field of «crypto economics,» wherein protocols are built to combine economic incentives and game theory.

Economists use economic concepts, theories and analytical techniques to provide advice and practical information that will aid managerial planning and decision - making tasks.

Economists apply economic theory to data and statistics, and are often employed by corporations to provide advise and predictions.

Economists are employed in companies from various industries and provide expert advice by applying economic theory on the data and statistics they gather.