98 research outputs found

    Come back Marshall, all is forgiven? : Complexity, evolution, mathematics and Marshallian exceptionalism

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    Marshall was the great synthesiser of neoclassical economics. Yet with his qualified assumption of self-interest, his emphasis on variation in economic evolution and his cautious attitude to the use of mathematics, Marshall differs fundamentally from other leading neoclassical contemporaries. Metaphors inspire more specific analogies and ontological assumptions, and Marshall used the guiding metaphor of Spencerian evolution. But unfortunately, the further development of a Marshallian evolutionary approach was undermined in part by theoretical problems within Spencer's theory. Yet some things can be salvaged from the Marshallian evolutionary vision. They may even be placed in a more viable Darwinian framework.Peer reviewedFinal Accepted Versio

    Consonant Random Sets: Structure and Properties

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    Abstract. In this paper, we investigate consonant random sets from the point of view of lattice theory. We introduce a new definition of consonancy and study its relationship with possibility measures as upper probabilities. This allows us to improve a number of results from the literature. Finally, we study the suitability of consonant random sets as models of the imprecise observation of random variables

    Review Article: Decisions, Process and the Market

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    Decision order and time in human affairs.

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    OPLADEN-RUG0

    Para Comprender la Econom\ueda

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    Decision

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