A Literature Review of Social Mood

Emotions exert a significant influence on financial behavior. The "socionomic hypothesis" posits social mood, the collective mood of individuals, as a primary causal variable in financial and social trends. In order to provide a scientific basis for the study of social mood, this article reviews psychological research on major mood-related elements of personality: affect, motivation, and personality traits. We examine the structure and functions of these core personality dimensions, and discuss research on contagion processes by which individuals' moods spread and manifest in a collective social mood. We also address implications for financial and economic behavior. Social mood is rooted in empirically established personality dimensions that are fundamental to human nature, and can influence financial outcomes.     

Social Economics and Evolutionary Learning

The major premise of this paper is that social and individual well-being depends significantly on people's capacity to learn and unlearn in communication with each other. This paper builds on social economic traditions that see communication and conversation as evolutionary generative and adaptive mechanisms through which individual and social learning occurs. Drawing on educational psychology and organizational behavior scholarship, five dynamic processes of conversational learning are introduced with the contention that they can help social economists understand at a micro level more deeply and more concretely how learning happens in the give-and-take of conversation. The paper explores the role of the state, organizations, and communities in fostering individual freedom and dignity, human rights, and economic democracy and concludes that the investment of value in people and their capability for purposeful action as social economic stakeholders can be enhanced through conversation as learning.     

Social Economics and Risk Analysis

Risk analysis studies the likelihood and potential severity of harm created by a hazard. Research suggests that public “paranoia” about environmental risks is a product of mistrust, and that perceptions should carry weight in public policy. Application of social economic's “dual self” framework suggests that the willingness-to-pay approach to deciding whether risk reduction efforts are economical is flawed in its presumption against public values, its bias against the poor and the unborn, and its neglect of risk prevention. If comparative risk analysis can minimize rent-seeking and view environmental protection as an investment good, it may improve environmental policy.     

Reflections on Social Economics in a Diverse and Open Economics

Many economists adopt a critical stance on cooperatives. One example is the claim that larger membership in cooperative banks is detrimental to performance. We re-examine this earlier finding by drawing from a richer and broader conceptual framework than used previously and conclude that in recent years, the relationship between membership and performance may be positive. In our empirical analysis, we use new data for Finnish cooperative banks and, compared to earlier work, develop an alternative measure for membership and employ improved estimation methods. A positive relationship between membership and performance in financial cooperatives is consistently found. We discuss our findings in light of an emerging body of theoretical and empirical work on cooperatives, especially for financial cooperatives, and argue that a new view of cooperatives is warranted.     

Social Surplus Approach and Heterodox Economics

Given the emphasis on social provisioning in heterodox economics, two of its central theoretical organizing principles are the concepts of the total social product and the social surplus. This appears to link heterodox economics to the social surplus approach associated with the classical economists and currently with Sraffian economists. However, heterodox economics connects agency with the social surplus and the social product, which the Sraffians reject as they take the level and composition of the social product as given. Therefore the different theoretical approach regarding the social surplus taken in heterodox economics may generate a different but similar way of theorizing about a capitalist economy. To explore this difference is the aim of the article.     

Social Economics and Evolutionary Institutionalism Today

This paper discusses theoretical and methodological elements that constitute social economics. It also considers those elements for evolutionary (Veblenian) institutional economics. It investigates how these “heterodoxies” may further converge. Such convergence would probably not trigger a complete unification, but lead to a broadly defined common research program and a strategy for joint “heterodox” survival, in face of the ranking game of the neoclassical “mainstream” and of the dominant powers supporting it as the discipline providing ideological legitimization. A common denominator of “heterodoxies” in terms of real-world orientation, direct interdependency and interaction of agents (social decision situations), appropriate complexity, and the treatment of values is drafted. Theoretical concepts discussed include complex and open systems, individual agency, institutions, embeddedness, networks, social reform, and process orientation. Formal methodological developments considered are complex modeling, game theory, or computer simulations. We arrive at a more formal common basis, which we term socio-economics. We also consider the relations of evolution and institutions, the institutional dichotomy, and the theory of institutional change. The monism of the “market” of the “mainstream” turns out to dissolve into the institutional diversity of real-world network forms, which helps explaining real-world forms of markets, hierarchies, or spatial clusters. Focuses of “heterodox” convergence will have to be the related “microfoundations” and “macrofoundations” projects, integrating an interdisciplinary “naturalistic” approach to genetic-cultural co-evolution of cooperation, and social reform. While modern socio-economics makes “heterodoxies” leading in economic research, their future still appears open between ideological cleansing and extinction through the mainstream, and proactive paradigmatic pluralism.     

财务管理与经济学的渊源分析

文章认为,财务管理与经济学有着天然的渊源关系,通财思想与一定时期的社会经济环境有着密切的联系,是一定时期经济管理活动的认识结果和观念总结,理财思想先于财务管理行为,是财务理论诞生的前奏和基础,文章追溯了中西方不同时期财务管理变迁及其与各经济学流派之间的渊源关系,从而充实了财务管理产生和发展的传统理论,为我们研究与处理当代财务管理和经济关系提供了历史和理论支持。     

ARCH类模型与金融经济学的技术化取向

本文介绍和评价ARCH模型及其拓展性研究成果的基本学术思想和学术贡献,并以计量经济方法在金融分析领域的广泛应用为背景,讨论现代金融经济学发展的技术化倾向以及ARCH类模型未来发展的前沿性领域。     

The Social Economics of Globalization

There is general agreement on the moral values that globalization should serve. These are widespread prosperity and economic growth, ecological sustainability, and cultural diversity. Proponents believe that neoliberal globalization will achieve these goals, while the critics believe that globalization undermines them. An institutionalist theory that recognizes the reality of economic power and choice posits that globalization enhances the power of the business sector at the expense of the government and moral–cultural sectors. Policies for redressing this imbalance are discussed.

The Social Economics of Globalization

There is general agreement on the moral values that globalization should serve. These are widespread prosperity and economic growth, ecological sustainability, and cultural diversity. Proponents believe that neoliberal globalization will achieve these goals, while the critics believe that globalization undermines them. An institutionalist theory that recognizes the reality of economic power and choice posits that globalization enhances the power of the business sector at the expense of the government and moral–cultural sectors. Policies for redressing this imbalance are discussed.     

马克思主义经济学与西方经济学社会保障理论比较研究

马克思主义经济学与西方经济学从不同角度阐述了社会保障思想,从而形成了各具特色的社会保障理论,通过分析和比较,我国社会保障制度需要借鉴两种理论的科学成分,这对制度的完善和可持续发展具有重大意义。