Search results for " and Heterodox Approaches"
showing 7 items of 17 documents
An Economic Definition of the City
1998
International audience
Ursula Hicks and Vera Lutz’s Contributions to Development Finance
2018
International audience; This paper analyses the different approaches of two pioneering economists in the field of development finance, Ursula Kathleen Hicks (1896-1985) and Vera Constance Lutz (1912-1976). While research in economics in the 1950s focuses predominantly on finance in already developed countries (Goldsmith, 1969 and Gurley and Shaw, 1955), Hicks and Lutz extended the analysis to developing countries and/or regions – an original initiative for this period of time. Interested in the study of money and banking, Hicks and Lutz nevertheless had different beliefs on the way to promote economic development. This difference of thought comes from differing philosophical backgrounds.
The three wives problem and Shapley value
2015
We examine the Talmudic three wives problem, which is a generalization of the Talmudic contested garment problem solved by Aumann and Maschler (1985) using coalitional procedure. This problem has many practical applications. In an attempt to unify all Talmudic methods, Guiasu (2010, 2011) asserts that it can be explained in terms of “run-to-the-bank”, that is, of Shapley value in a “cumulative game”. It can be challenged because the coalitional procedure yields the same result as the nucleolus, which corresponds to a “dual game”. As Guiasu's solution is paradoxical (it has all the appearances of truth), my contribution consists in explaining the concepts, particularly truncation, that play …
Limits to Arbitrage and Interest Rates: a Debate Between Keynes, Hawtrey and Hicks
2018
International audience; This paper deals with a debate between Hawtrey, Hicks and Keynes concerning the capacity of the central bank to influence the short-term and the long-term rates of interest. Both Hawtrey and Keynes considered the central bank’s ability to influence short-term rates of interest. However, they do not put the same emphasis on the study of the long-term rates of interest. According to Keynes, long-term rates are influenced by future expected short-term rates (1930, 1936), whereas for Hawtrey (1932, 1937, 1938), long-term rates are more dependent on the business cycle. Short-term rates do not have much effect on long-term rates according to Hawtrey. In 1939, Hicks enters …
La ville, la raison et le rêve : entre théorie et utopie
1997
International audience
Processus d’agglomération et définition de la ville
1997
International audience
L'économie matérielle de la France (1830-2015). L'histoire d'un parasite ?
2018
This article explores the long-term dynamics of material use in France over a period of 185 years. It is based on material flow accounts that are perfectly consistent with the standards of Material Flows Analysis at the national economic scale. This work - which covers domestic extraction, imports and exports - is the first long-term study of material flows for France, with annual and national data for most of the period. Our database allows us to study the evolution of French metabolism during the industrialization of the country, together with the increasing dependence on abiotic materials. We highlight a singular metabolic trajectory: that of a state that benefits from successive world-s…