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  • 1
    ISBN: 9781035304042
    Language: English
    Pages: 1 Online-Ressource (xviii, 443 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Economics, welfare policy and the history of economic thought
    DDC: 330
    Keywords: Heertje, Arnold ; Economics ; Economics History ; Welfare economics ; Technological innovations Economic aspects
    Abstract: In this book, internationally renowned scholars, including two Nobel Laureates, have been drawn together to celebrate Arnold Heertje's rich contribution to the field of economics. Their essays reflect his influence in the areas of economic theory and policy. In particular, they follow in the tradition of his work on oligopoly and price theory, welfare theory and policy, growth theory, environmental economics, technical change and the history of economic thought and methodology. The contributors offer penetrating insights into the structure and functioning of different types of market structures and the character of technical change. In addition, they address current topics such as the recent problems in East Asian economies, the money supply in the European Monetary Union and economic development. Finally, they pay tribute to Arnold Heertje's work on the history of economic thought, discussing the writings of David Ricardo, the German historical school, Herbert Robinson, Alfred Marshall and Herbert Foxwell. This book will attract economic theorists, and scholars and students who are interested in the history of economic thought or in empirical subjects such as the policy implications of studies of labour markets, property rights and European Monetary Union
    Description / Table of Contents: Full Contents: Introduction -- Part I: Economic theory -- 1. A cooperative theory of duopoly -- 2. A commodity flow model of flexible exchange rates with overshooting in response to inflation -- 3. The market for oranges -- 4. Complications in the model of a perfectly competitive firm and industry -- 5. Models of the market -- 6. Revisiting the schumpeter-hypotheses: Firm size, market structure and technological regime -- 7. Technical change and economic growth: The case of "catch-up" -- 8. Coordination, technical progress and economic growth -- 9. Reswitching: Simplifying a famous example -- Part II: Economic policy and applied economics -- 10. Labour market 'flexibility' and welfare -- 11. On substitutability among domestic money and cross-border deposits -- 12. The role of international financial institutions in the current global economy -- 13. The coase theorem and the cooperative nash bargaining game -- 14. On property rights and their modification -- 15. Economic development in Europe, 1960-1996 -- 16. Different data sources for studying behaviour -- 17. Economy and morality: A conceptual framework -- Part III: History of economic thought -- 18. -- Ricardo's misunderstood value theory and the readability of the principles -- 19. Sherlock holmes and the swarthy German: The case of inanely 'transforming' mehrwert to prices -- 20. Alfred marshall and herbert somerton foxwell: A tale of two libraries -- 21. The after-glow of the German historical school, 1945-1960 -- 22. An economist turned entrepreneur -- 23. Authority systems and schools of economic thought -- Index.
    Note: Includes bibliographical references and index
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