Search results for "Positive economics"
showing 10 items of 144 documents
Different meanings of ´knowledge as commodity` in the context of higher education
2013
Commodification has been and still is one of the key processes within capitalist market economies. Since the 1970s, different forms of knowledge have increasingly been subjected to this process. In this paper the commodification of knowledge in the field of higher education is defined in a broad sense as an example of the intensive enlargement of capitalism. I argue that knowledge shares some features of public goods and can be subjected to commodification both as an educational product and academic research itself. However, the simple dichotomy of public vs. private good is not nuanced enough to understand the status of knowledge within higher education. How to reconstruct this dichotomy,…
Towards a theory of transnational academic capitalism
2013
This article draws attention to the relative lack of theoretically and methodologically elaborated approaches to understand and explain the complex relations between transnationalization of higher education and globalization seen especially from the point of view of global capitalism. The main aim of this article is to contribute to the construction of a theory of transnational academic capitalism (TAC). A theory of TAC argues that those networks, practices and activities that are blurring the boundaries between higher education, markets and states are increasingly becoming transnational without supposing that this transformation implies that local and national levels are insignificant in s…
Preferences for Referenda: Intrinsic or Instrumental? Evidence from a Survey Experiment
2019
The call for more direct democracy, and referenda in particular, is often heard and met with support from large numbers of citizens in many countries. This article explores the motives for supporting referenda: Do citizens support them for intrinsic reasons, because referenda allow them to exercise their democratic rights more directly? Or are preferences for referenda predominantly based on the expectation that they will produce desired policy outcomes and thus instrumentally motivated? Our survey experiment explores such instrumental preferences by assessing how substantial policy preferences affect individuals’ choice of referenda over alternative decision-making procedures. We show tha…
Social Choice in the Real World II: Cyclical Preferences and Strategic Voting in the Finnish Presidential Elections
1997
The empirical relevance of the theoretical results of social choice theory is still unclear. The most radical thesis, put forth by William Riker, is that politics is a highly unstable process, characterized by preference cycles and strategic voting. This article - a continuation of an earlier article published in this journal - examines the Finnish presidential election in 1925, 1931, 1937 and 1982. The conclusion is that preference cycle and strategic voting have had a significant impact in the discussed cases. The relevancy of the social choice approach and its relation to historical research are discussed.
Explaining corporate short-termism: self-reinforcing processes and biases among investors, the media and corporate managers
2014
Based on the related literature in economics, organizational sociology and the sociology of finance, this article constructs a novel conceptual explanation for corporate short-termism, that is, the ...
Geographies of markets: Materials, morals and monsters in motion
2010
Approaching processes of capitalist market exchange from a cultural economic perspective, we identify three strands of research that are all part of a widespread ‘pragmatic turn’ in the study of economic activities: (1) the conceptualization of markets as heterogeneous arrangements of people, things and sociotechnical devices; (2) the insight that multiple frames of reference are mobilized in everyday market activities in addition to instrumental rationality; and (3) approaches that combine an interest in the performance of diversity and difference in concrete market contexts with an attention to mobility in network capitalism.
Author response to the contributors to the discussion on “A critical evaluation of the current ‘p -value controversy’”
2017
Is the p-Value a Suitable Basis for the Construction of Measures of Evidence? Comment on “The Role of p-Values in Judging the Strength of Evidence an…
2020
Dr. Gibson has to be congratulated for having enriched the wealth of articles written in response to the ASA statement on p-values of 2016 by a valuable and thoughtful contribution. We particularly...
A critical evaluation of the current “p-value controversy”
2017
This article has been triggered by the initiative launched in March 2016 by the Board of Directors of the American Statistical Association (ASA) to counteract the current p-value focus of statistical research practices that allegedly "have contributed to a reproducibility crisis in science." It is pointed out that in the very wide field of statistics applied to medicine, many of the problems raised in the ASA statement are not as severe as in the areas the authors may have primarily in mind, although several of them are well-known experts in biostatistics and epidemiology. This is mainly due to the fact that a large proportion of medical research falls under the realm of a well developed bo…
Some past and present challenges of econophysics
2016
We discuss the cultural background that was shared by some of the first econophysicists when they started to work on economic and financial problems with methods and tools of statistical physics. In particular we discuss about the role of stylized facts and statistical physical laws in economics and statistical physics respectively. As an example of the problems and potentials associated with the interaction of different communities of scholars dealing with problems observed in economic and financial systems we briefly discuss the development and the perspectives of the use of tools and concepts of networks in econophysics, economics and finance.