Development economists have superseded any necessity of using Arrow’s methodological individualism (MI) in focusing on cross-cultural, cross-national, or developmental economics. This study examines whether analysis of cross-cultural economic models might include a concept of economic generosity as a type of economic structuration that deviates from MI principles and is closer to what economist...

Reacting to the original papers outlining the importance of “social mechanisms,” thispaper contrasts two views of the social process, the mechanismal and the relational. In the sourceshere analyzed, the mechanismal perspective is largely based on methodological individualismand generally presupposes rational, or at least intentional, action. A fundamental assumption ofthis appro...

Randomised trials vary in methodological quality, and flaws in trial conduct can lead to biased estimation of the intervention effect. If a meta-analysis makes no allowance for methodological flaws, there’s a danger that the results could be biased and over-precise, or that some lowerquality trials could be given too much influence in the meta-analysis. Cochrane review authors now use a specifi...

This article presents a theoretical foundation for marketing based on the ideas of the Austrian school of economists. After a discussion of the methodological foundations of Austrian economics, which reject the statistical and experimental methods of the physical sciences as the means to verify theory in the social sciences, the article presents the Austrians' principle of methodological indivi...

Intelligent Design Theory (ID) has been much maligned recently as Neo-Creationist pseudoscience. This paper looks briefly at the common arguments used against ID, including arguments from methodological naturalism (MN), falsifiability, productivity, and religious fundamentalism. Ultimately it goes on to explain why the theory could be beneficial to our society today and suggests a need for a me...

objectives: to implement goal-directed subsidies policy in framework of the its law is being seriously followed by state. implementing this policy as it has been defined in the law could be a deep surgery of economy with big negative consequences both in demand and supply sides if its theoretical foundation is wrong. hence, this paper aims to evaluate the theoretical sufficiency of neoclassical...

We develop a dynamic model of sustainable competitive advantage in hypercompetitive environments. We argue that competitive advantages of firms can be sustainable even if resource-based advantages of firms can be quickly replicated by rivals or when the barriers to entry are almost non-existent. This is accomplished through intensive entrepreneurial activity of firms during the equilibrating te...

1. When customers call in, their orders and credit card information are received by the customer service department. 2. Once the order is received, the order details and credit card information is sent to the Finance department for processing. 3. If the credit card authorization is unsuccessful, then the Finance department sends a “rejection” notification to the Customer Service department. 4. ...

In ecommerce, many market followers would like to have personalization systems in place to more effectively compete with market leaders. However, retailers face a significant challenge in forming initial trust with new customers, especially when the new customers are culturally diverse. Acknowledging this dilemma, this study examines the moderating cultural effects of espoused individualism/col...