Search results for "Finances"

Economic Theorizing, Discursive Analysis and Pluralism in the Classroom - Evidence from Postgraduate Teaching in a French University

2014

Can students examine the discursive strategies employed by economists so that the former think critically about the underlying theoretical forces described by the latter? Are economic processes ontologically dependent on the narratives used by economists to account for real phenomena? In this article, we draw both on Wheat's mapping techniques to homogenise theoretical economic discourse and on Pilkington's attempt to combine economics with language for specific purposes. We show that informed and fruitful discussions in the classroom necessitate the use of a new median pluralistic discourse that is yet to be elaborated upon, both by university and secondary school teachers. Finally, in ord…

Accumulation and destruction of the trust ? : Popperian inspiration plan

2000

When, following other social sciences, economists address the mechanism of trust, they typically focus on the search of a justification or a foundation for trusting, the implicit starting point of the process they have in mind being zero trust, or distrust. By contrast, the present paper, inspired by the philosophy of Popper, suggests, as a starting point for trust, an individual decision associated with what Popper calls a conjecture - that is, a kind of theory - on how the individual (potentially) trusted "functions". The conjecture requires no justification but only the test of its implications. In turn, the decision to trust or to distrust does not reflect in a mechanical or passive way…

From imprecise actions to imprecise preference modelling : the case of non orders

1996

This study deals with imprecise preference modelling. It is based on a set of vague actions on which choices are operated by actors whose discriminating power is not precise. Indeed, the information being imprecise, the actors have but limited and relatively indeterminate knowledge of the basis of their preferences. This results in vague preferences the expression of which are the structures of imprecise preference (imprecise non orders) and the particular ones of relatively indeterminate preference (relatively indeterminate non orders). The shift from the former structures to the latter corresponds to a process of preference maturation and decision structuration inspite of an imprecise con…

The foundations of the new theories in health economics

1997

In health economics, theoretic approaches such as the theory of contracts, the economy of conventions, the theory of transaction costs and the evolutionary theory, have been applied recently. The present paper offers a classification of these different theories focusing on their epistemological foundations. The clarification of their assumptions about individual rationality (substantial or procedural rationality), about coordination modality (by inter-individual contracts or collective rules), about uncertainty (probabilistic risk or cognitive uncertainty), shows oppositions between these theories. Nevertheless, the application of these different theories in health economics shows that they…

The Characteristics of initial public offering for innovative small and medium-sized firms: the case of young french bio/medtech firms

2017

The various government measures in favor of innovative SMEs, the number of biotechnology firms listed on the stock exchange over the last ten years, the characteristics of their pre-introduction financing are different factors that justify a particular interest for these firms and their methods of introduction (discount, float, quotation procedure). Different tests of mean difference have significant results. Comparing with a control sample, we found that SME in this sector are listed on the stock exchange faster, by making greater use of the open-price offer procedure (OPO) and are subject to greater prior financing by financial stockholders. Although the ownership of the capital and the d…

Wages in the industrial research sector : the case in engineers in Spain

1997

Spatial Data and Econometrics

2013

242 pages; International audience

Detecting Spatio-Temporal Dependance in Spatial Data Pooled over Time

2015

International audience; This paper addresses the possible problem related to using strictly spatial modelling techniques for spatial data poole d over time. For these data, such as real estate, the spatial dimension is present, but subject to constraints related to temporal dimension. Three empirical examples are presented to investigate the impact of neglecting the temporal dimension in spatial analysis and to show how such an approach overestimates the pattern of spatial dependence, and overestimates the spatial autoregressive coefficient estimated. If generalized to all other empirical applications, this conclusion may have important considerations if one tries to measure the effect of e…

A note on Stackelberg competition

2011

International audience

R&D, Competition and Growth with Human Capital Accumulation Revisited

2012

In this paper, we have presented a generalization of Bucci's (2003) model in which have disentangled the monopolistic mark-up in the intermediate goods sector, the intermediate goods share in the final output and the returns to specialization in order to have a better measurement of competition. Indeed, unlike Bucci (2003), in our model, the measure of competition is completely independent of the intermediate goods share in the final output and the returns to specialization. Our main finding is that, unlike Bucci (2003), we show that the competition does not play any role in growth. This result is explained by the complementarity of innovation and human capital assumed in the research produ…