The relationship between Austrian economics and behavioral economics is a complex and multifaceted one. On the one hand, behavioral economics rejects the positive claims of modern, standard neoclassical economics and yet accepts its normative standards. Thus behavioral economics is itself a hybrid; it is part psychological economics and part neoclassical economics. Furthermore, many behavioral ...

Despite popular belief, the marketing discipline was an offshoot of economics (Bartels 1951, Sheth et al. 1988). Early researchers, often educated in economics, felt economics was preoccupied with variables such as prices and costs. They focused on other variables. They also investigated marketing as a productive activity (i.e., adding value) by adopting different sets of assumptions other than...

The interactions between economics and thermodynamic efficiency in the design of reactive distillation (RD) processes are explored. Our motivation derives from taking a sustainable lifespan perspective, where not only economics, but also exergy-efficiency and controllability should be borne in mind. Furthermore, novel process configurations might be generated and optimized (e.g. diabatic RD uni...

undoubtly, land degradation causes apparent decrease of natural resources potential which are highly linked to desertification. different countries and also international organization have realized a great number of projects to combat desertification. unfortunately these projects have not reach to their goals. the experiences shows that the reason of these unsuccessful works is lack of consider...

In spite of sonic pessimistic attitudes towards methodology of economics, it has succeeded as a central theme in numerous books, refereed journals, international conferences and symposiums whose volume is increasing at an unprecedented rate. The proliferation of methodological literature also is accompanied by a proliferation of issues that concern: the goals of economics, realism of economics,...

Are fairness concerns of relevance to environmental economics and, if so, are they sufficiently structured to improve analysis in this field? On both of these questions, we answer in the affirmative, arguing that people’s fairness views are based on both general rules and the context, where context refers to the set of variables and persons employed to interpret and apply the principles. The fa...

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employment agencies have gained an increasing significance in matching employment and vacancies in the economy. solo searches by workers, and shorterperiods of employment, have necessarilyadded to the need for third party agents for the matching process in labour markets. thus the existence of these agents and sole agent searches has created a multiplicity of wages across labour . markets. we d...