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11.
Malte Dold 《Fiscal Studies》2023,44(2):137-150
This article summarises the theoretical foundations, main approaches and current trends in the field of behavioural normative economics. It identifies bounded rationality and bounded willpower as the two core concepts that have motivated the field. Since the concepts allow for individual preferences to be context-dependent and time-inconsistent, they pose an intricate problem for standard welfare analysis. The article discusses the ways in which two prominent approaches – the preference purification approach and the opportunity approach – have tackled the problem. It argues that shortcomings in each of these approaches motivate an agency-centric perspective. The article presents two concrete policy proposals of the agency-centric approach. While this approach is promising, the article argues for pluralism in normative economics since an exclusive focus on agency can likely not do justice to the multifarious concerns that citizens hold. 相似文献
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Malte F. Dold 《Journal of Economic Methodology》2018,25(2):160-178
In light of behavioral findings regarding inconsistent individual decision-making, economists have begun to re-conceptualize the notion of welfare. One prominent account is the preference purification approach (PP), which attempts to reconstruct preferences from choice data based on a normative understanding of neoclassical rationality. Using Buchanan’s notion of creative choice, this paper criticizes PP’s epistemic, ontological, and psychological assumptions. It identifies PP as a static position that assumes the satisfaction of given ‘true preferences’ as the normative standard for welfare. However, following Buchanan, choice should be understood dynamically as a process whereby preferences constantly regenerate. Accordingly, the meaning of welfare emerges from an ongoing quest for individual self-constitution. If this holds true, then rationality axioms cannot serve as a priori normative standards. Instead, creative imagination and learning processes must remain central to any understanding of welfare in economics. 相似文献
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The interest rate assumptions for macroeconomic forecasts differ among central banks. Common approaches are given by the assumptions that interest rates remain constant over the forecast horizon, follow a path as expected by market participants or follow a path as expected by the central bank itself. Theoretical papers such as Svensson (The instrument-rate projection under inflation targeting: the Norwegian example. Centre for European Policy Studies Working Paper (127), 2006) and Galí (J Monet Econ 58:537–550, 2011) suggest an accuracy ranking for these forecasts, from employing central bank expectations yielding the highest forecast accuracy to conditioning on constant interest rates yielding the lowest. Yet, when investigating the predictive accuracy of the Bank of England’s and the Banco Central do Brasil’s forecasts for interest rates, inflation and output growth, we hardly find any significant differences between forecasts based on the different interest rate paths. Our results suggest that the choice of the interest rate assumption appears to be of minor relevance empirically. 相似文献
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Andreas Engelen Florian Heinemann Malte Brettel 《Journal of International Entrepreneurship》2009,7(3):163-189
Although cross-cultural research in the field of entrepreneurship is still in its infancy as a research stream, it offers
important inferences for both theory and practice. Some have criticized the relative immaturity of previous survey-based studies’
methodology. In order to address this flaw, we analyze existing survey-based studies in the field of cross-cultural entrepreneurship
to identify research gaps in content and methodology and then derive the most appropriate analytical approach to fill the
gaps for this type of research. Finally, we present a practical framework in which to conduct sound and prudent future studies,
integrating the most appropriate analytical approach, general methodological insights, and the particularities of entrepreneurship
research in a cross-cultural setting.
相似文献
Malte BrettelEmail: |
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CEOs' Passion for Inventing and Radical Innovations in SMEs: The Moderating Effect of Shared Vision 下载免费PDF全文
Based on a sample of 388 small and medium‐sized enterprises (SMEs), we investigate how a CEO's passion for inventing is associated with radical innovations in SMEs. Furthermore, we examine whether this relationship is moderated by a shared vision. Our results demonstrate that CEOs who are passionate about inventing play a significant role with regard to radical innovation and that the degree to which a firm's members share its vision is positively correlated with this relationship. Our findings enrich upper echelons theory by incorporating insights into how deep‐level psychological traits are related to firm outcomes. In addition, we enhance our understanding of how passion can actually predict firm‐level outcomes. 相似文献
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Nils Boysen Malte Fliedner Michael Kellner 《Transportation Research Part E: Logistics and Transportation Review》2010,46(6):1005-1016
To enable rapid container transshipment between freight trains in modern rail–rail transshipment yards efficient computerized scheduling procedures are indispensable. This paper proposes a dynamic programming approach, which determines yard areas for gantry cranes, so that the workload is evenly spread among cranes and, thus, train processing is accelerated. In a straightforward simulation of transshipment yard operations, the effect of optimal crane areas vs. equally sized areas is studied, the latter being a common real-world policy. The results indicate a remarkable speed-up of train processing if optimal crane areas are applied. 相似文献
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Wirtschaftsdienst - As Russia’s invasion of Ukraine continues, more and more people are calling for a ban on Russian energy imports. The proponents argue that abstaining from importing... 相似文献