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Downstream competition and profits under different input price bargaining structures
In a vertically related duopoly with input price bargaining, this paper re-examines the downstream firms’ profitability under different market...
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Economic Systems, Modes of Production, and Coordination
This chapter is about social order and crisis from an economic viewpoint. An endogenous theory of social crisis warrants an understanding of the...
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The Golden Age of European Economic Growth
This chapter surveys cliometric research on economic growth in Western Europe from 1950 to the early 1970s, the so-called “Golden Age.” Several...
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Information economies with taste diversity and bounded attention spans
We consider an economy with a countably infinite number of consumers and pure public information goods. Each of these differentiated products is...
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The Golden Age of European Economic Growth
This chapter surveys cliometric research on economic growth in Western Europe from 1950 to the early 1970s, the so-called “Golden Age.” Several...
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Dependent Capitalism
For some authors presented in the previous chapter, the post-socialist transformation has led to the emergence of a form of dependent capitalism....
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A Systemic Cycle-Oriented Framework of Institutional Change
This chapter offers a new framework of institutional change which takes development strategies, trade, and global economic development explained by...
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Residential Electricity Pricing Based on Multi-Agent Simulation
The multi-agent system (MAS) can simulate the operating mechanism of electric power system; thus, it plays an important role in solving Demand...
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Pluralism, Tripartism and the Foundation of the International Labour Organization
In 1919 tripartism, intended as a form of cooperation between employers, employees and governments, was one of the founding principles of the...
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China’s Industrial Internet: Platform-Based Manufacturing and Restructuring of Value Chains
This contribution proposes a conceptual framework to understand the rapid development of China’s Industrial Internet of things (IIoT). The focus is...
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Aggregating: Humans Are Social Animals
Bovi scrutinizes human aggregations (family, firms, cities, etc.), underlining that if aggregating generates various kinds of gains, multifaceted...
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Case Studies as an Immersive Approach for Unravelling Energy–Society Relations
The section that unfolds is based upon one of the many critical foundations discussed in this text—study of human affairs vis a vis energy...
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Transcending Borders and Institutional Dynamics
This chapter elaborates on a sensitive understanding of structure and agency that makes it possible to grasp institutional dynamics that occur when...
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Firm beliefs and long-run demand effects in a labor-constrained model of growth and distribution
One of the most debated questions in alternative macroeconomics regards whether demand policies have permanent or merely transitory effects. While...
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Economic System Reform in China
This paper gives a general picture of China’s economic system reform, including its background, problems, policies, achievements and prospects. The...
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The Rise and Fall of Socialism
The term “socialism” is relatively recent, appearing for the first time some 200 years ago in 1827 in the Co-operative Magazine in writings by some...
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The Introduction of Macroeconomic Management Theory and Experience from Western Countries at the “Bashan Tourist Ship” Conference in 1985
Following the start of the reform and opening up in 1979, people continued to implement market-oriented reform. First, microscopic economy was opened...
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The Rise of China
China presents probably the most astonishing growth miracle in modern world history. This chapter shows how China has developed, starting from the...
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Authority
Throughout this chapter we question the supposed need for authoritative solutions to problems such as coordinationcoordination, enforcement and...