The Experts below are selected from a list of 467355 Experts worldwide ranked by ideXlab platform
Myrna Holtz Wooders - One of the best experts on this subject based on the ideXlab platform.
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Public Economic Theory
Journal of Public Economic Theory, 1999Co-Authors: John P Conley, Myrna Holtz WoodersAbstract:Understanding the role of the government in the economy is a question of fundamental importance. For decades, modern public economists have been working to provide answers as they relate to how society taxes, spends, distributes, regulates and stabilizes its Economic systems. To a great extent, this research has been driven by contemporary policy issues. The resulting stream of practical, real-world research has yielded great dividends both to the polity and the academy. Unfortunately, the very success of applied and especially empirical public Economics has tended to push more theoretical work to the periphery of the field. As a consequence, the theoretical and applied agendas in public Economics have become increasingly distinct. At the same time, important advances in areas such as evolution, game Theory, and experimental Economics have been slow to work their way into the mainstream of public Economic Theory. Thus, we see growing gaps between theoretical public Economics both with applied public Economics and pure Economic Theory. The main objective of the Journal of Public Economic Theory is to help bridge these two gaps. Strengthening the connection between public Economics and modern theoretical research is probably the easier of the two. To this end, the Journal will actively promote the development and dissemination of new theoretical tools and techniques in the field. We will make every effort to develop a reputation as an outlet for theorists seeking to demonstrate and explore the direct Economic applications of their work. We believe it is equally important to demonstrate that Theory can make significant contributions to the current policy debate. Consider, for example, the interplay between theoretical and empirical work in the controversies surrounding rational expectations or the impact of game Theory on the structuring of the recent spectrum auctions. When Theory is cut off from the applied side of a field, it runs the risk of beginning to feed upon itself and of becoming less and less relevant to applied researchers and the outside world. By the same token, when empiricists pay attention only to the data and previous empirical work, they risk missing new JPET 98038
John P Conley - One of the best experts on this subject based on the ideXlab platform.
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Public Economic Theory
Journal of Public Economic Theory, 1999Co-Authors: John P Conley, Myrna Holtz WoodersAbstract:Understanding the role of the government in the economy is a question of fundamental importance. For decades, modern public economists have been working to provide answers as they relate to how society taxes, spends, distributes, regulates and stabilizes its Economic systems. To a great extent, this research has been driven by contemporary policy issues. The resulting stream of practical, real-world research has yielded great dividends both to the polity and the academy. Unfortunately, the very success of applied and especially empirical public Economics has tended to push more theoretical work to the periphery of the field. As a consequence, the theoretical and applied agendas in public Economics have become increasingly distinct. At the same time, important advances in areas such as evolution, game Theory, and experimental Economics have been slow to work their way into the mainstream of public Economic Theory. Thus, we see growing gaps between theoretical public Economics both with applied public Economics and pure Economic Theory. The main objective of the Journal of Public Economic Theory is to help bridge these two gaps. Strengthening the connection between public Economics and modern theoretical research is probably the easier of the two. To this end, the Journal will actively promote the development and dissemination of new theoretical tools and techniques in the field. We will make every effort to develop a reputation as an outlet for theorists seeking to demonstrate and explore the direct Economic applications of their work. We believe it is equally important to demonstrate that Theory can make significant contributions to the current policy debate. Consider, for example, the interplay between theoretical and empirical work in the controversies surrounding rational expectations or the impact of game Theory on the structuring of the recent spectrum auctions. When Theory is cut off from the applied side of a field, it runs the risk of beginning to feed upon itself and of becoming less and less relevant to applied researchers and the outside world. By the same token, when empiricists pay attention only to the data and previous empirical work, they risk missing new JPET 98038
Roger B Myerson - One of the best experts on this subject based on the ideXlab platform.
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nash equilibrium and the history of Economic Theory
Journal of Economic Literature, 1999Co-Authors: Roger B MyersonAbstract:John Nash's formulation of noncooperative game Theory was one of the great breakthroughs in the history of social science. Nash's work in this area is reviewed in its historical context to better understand how the fundamental ideas of noncooperative game Theory were developed and how they changed the course of Economic Theory.
Jati K. Sengupta - One of the best experts on this subject based on the ideXlab platform.
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Economic Theory and DEA models: a critical review
International Journal of Systems Science, 1996Co-Authors: Jati K. SenguptaAbstract:A critical review of data envelopment analysis is attempted in respect of some of the basic postulates of Economic Theory, such as rationality, risk aversion and the dynamics of the learning process.
Elke Muchlinski - One of the best experts on this subject based on the ideXlab platform.
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Against rigid rules - Keynes's Economic Theory
Social Science Research Network, 2003Co-Authors: Elke MuchlinskiAbstract:This paper provides textual evidence of Keynes's position on monetary policy and shaping international monetary relations. One result of my contribution is that the famous dichotomy rules versus discretion is of no relevance to his Economic Theory, because he used the term rules not in the meaning of a formal brilliantly designed notion.He definitely made a distinction between non-rigidly-fixed-rules and discretion. I give an explanation why his Economic Theory is not compatible with principles of constructivism, empiricism and ontological realism by referring to a key term of his Economic writings, i.e., discretionary decision.
