Search results for "value"
showing 10 items of 5321 documents
“Piero Sraffa: economic reality, the economist and economic theory. An interpretation”.
2007
We carry out a textual analysis of Sraffa's main published contributions to pure economics in order to elaborate a rational reconstruction of an aspect of Sraffa's implicit methodology which has not yet been duly investigated. We refer to the threefold relationship between ‘economic reality’, ‘the economist/observer’ and ‘economic theory’. We elucidate the constraints which, for Sraffa, should bind the economists' arbitrariness and we trace the elements of continuity and evolution from the 1925–6 critique of Marshallian economics to Production of Commodities.
Method and analysis in Piero Sraffa's 1925 critique of Marshallian economics
2000
This paper provides an analysis of the logical structure and analytical content of Piero Sraffa's 1925 Italian paper, ‘Sulle relazioni fra costo e quantita prodotta’. It shows that Sraffa's criticism of the supply side of Marshall's theory of value in a competitive partial equilibrium model involves analytical and methodological issues. Endorsing an agressive methodology Sraffa logically reconstructs Marshall's model on variable returns to determine its empirical domain. He demonstrates that the latter encompasses only the empirically irrelevant cases of specific factor industries and specific external economies industries and that it cannot be generalized to non-specific factor industries …
Risks Management Profile in Local Public Services Administration
2015
Abstract This paper aims improving local public services practices, at least, for our national local communities’ administration. Such possibilities may arise by case study regarding delegated management of a public entity charged with central heating public service, turned in private company. Paper treats local public finance and reveals the risks of defection management and even fraud risk by periodical re-negotiating of significant contracts with related parties and internal controls deficiency. The moral value of case study is economics considerations over legal considerations prevalence by applying principle of correlating demands with resources, not upside-down. Romanian local public …
Communication of Loneliness Emotions in the Online Vlogs and Their Moral Value
2019
Using the method of visual narrative analysis and the grounded theory, the answers are searched for the questions—what are the most typical emotional experiences that go with the representation of loneliness in the public digital communication and how the modern communication technologies are enabling these representations? The analysis allows to understand what has been the most desired for the young people and what is wished but not acquired (or lost) subject or experience which resulted in the loneliness. Finally, the attention is paid to the loneliness performance’s possible role in creating a digital culture and making moral sense to existential and difficult subjective experience whic…
Dalla svolta linguistica alla svolta interpretativa: ermeneutica giuridica e filosofia giusanalitica a confronto
2020
The interpretative turn that characterized the legal philosophical debate in the last decades offers a privileged viewpoint to observe the dispute between legal analytical philosophy and legal hermeneutics. On one hand it is certainly true that the two traditions of thought have actually been converging for many years; on the other, it is worth noting that legal analytical philosophers are struggling to accept the interpretative turn and, as a consequence, to abandon the neutrality thesis peculiar of methodological legal positivism. Looking at the hermeneutics instead, its next step should be that of rejecting the one right answer thesis, with the awareness that it does not necessarily lead…
Corporate income tax accounting in Spain: an empirical study
2012
Since the initial application in Spain of the tax effect accounting method based on the international accounting standards (IAS 12 income tax) in 1990, very few empirical studies have examined whether this method provides significant information for decision making. The paper analyses the fiscal information provided in the financial statements, evaluating the significance of the differences between the tax effect accounting method and the taxes payable method and establishing that this one might be acceptable in small companies.
Estimation of Value-at-Risk on Romanian Stock Exchange Using Volatility Forecasting Models
2013
This paper aims to analyse the market risk (estimated by Value-at-Risk) on the Romanian capital market using modern econometric tools to estimate volatility, such as EWMA, GARCH models. In this respect, I want to identify the most appropriate volatility forecasting model to estimate the Value-at-Risk (VaR) of a portofolio of representative indices (BET, BET-FI and RASDAQ-C). VaR depends on the volatility, time horizon and confidence interval for the continuous returns under analysis. Volatility tends to happen in clusters. The assumption that volatility remains constant at all times can be fatal. It is determined that the most recent data have asserted more influence on future volatility th…
Pitfalls in the research of the axiological area: the values clarification method
2020
The article deals with the issues of pitfalls in the research of the axiological area, with particular emphasis on the values clarification method. The main purpose of the article is to find the answer to the question: What pitfalls may be avoided by a researcher who deals with the clarification method in order to successfully complete the research process? The text contains short characteristics of the values clarification method and discusses pitfalls waiting for the researcher of the effects of this method. The article notes that in scientific research in the field of education, knowledge of pedagogical research methodology is important, but equally important is the researcher’s pedagogi…
Feature Selection Approach based on Mutual Information and Partial Least Squares
2014
Feature selection technology can improve the modeling accuracy and reduce model’s complexity, especially for the high dimensional spectral data. Aim at this problem, feature selection approach based on mutual information (MI) and partial least square (PLS) is proposed in this paper. MI values between features and responsible variable are calculated, and the threshold value using to select final features is optimal selected based on PLS algorithm. The numbers of the latent values of the PLS and the threshold value of MI are selected according the modeling performance simultaneously. The experimental results based on the near-infrared spectrum show that the proposed approach has better perfor…
One-dimensional nonlinear boundary value problems with variable exponent
2018
In this paper, a class of nonlinear differential boundary value problems with variable exponent is investigated. The existence of at least one non-zero solution is established, without assuming on the nonlinear term any condition either at zero or at infinity. The approach is developed within the framework of the Orlicz-Sobolev spaces with variable exponent and it is based on a local minimum theorem for differentiable functions.