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market rationality

См. также в других словарях:

  • Market failure — is a concept within economic theory wherein the allocation of goods and services by a free market is not efficient. That is, there exists another conceivable outcome where a market participant may be made better off without making someone else… …   Wikipedia

  • Market fundamentalism — (also known as free market fundamentalism) is a pejorative term applied to a strong belief in the ability of laissez faire or free market economic views or policies to solve economic and social problems.[1] Critics of free market extremism have… …   Wikipedia

  • market — In both economics and sociology a market is understood to be an area over which any well defined commodity is exchanged between buyers and sellers. Such commodities are considered to be of two kinds goods and services. The total amount of a… …   Dictionary of sociology

  • Perfect market — A perfect market is heuristic and has the following assumptions [How to Think Like Benjamin Graham and Invest Like Warren Buffet; Lawrence A. Cunningham; McGraw Hill Professional; 2001; page 22] : *Rationality of all market actors (Rationality in …   Wikipedia

  • formal rationality — As defined by Max Weber in his account of the market and economic action, this refers to the extent of impersonal quantitative calculation (that is, risk assessment) which is possible and applied in provisioning for needs. Money is the best means …   Dictionary of sociology

  • Electricity market — An electricity market is a system for effecting the purchase and sale of electricity using supply and demand to set the price. Wholesale transactions in electricity are typically cleared and settled by the grid operator or a special purpose… …   Wikipedia

  • Adaptive market hypothesis — The Adaptive Market Hypothesis, as proposed by Dr. Andrew Lo (2004), is a new framework that reconciles theories that imply that the markets are efficient with behavioral alternatives, by applying the principles of evolution competition,… …   Wikipedia

  • Rational Planning Model — The rational planning model is the process of realizing a problem, establishing and evaluating planning criteria, create alternatives, implementing alternatives, and monitoring progress of the alternatives. It is used in designing neighborhoods,… …   Wikipedia

  • Heterodox economics — refers to the approaches, or schools of economic thought, that are considered outside of mainstream, that is, orthodox economics. Heterodox economics is an umbrella term used to cover various separate unorthodox approaches, schools, or traditions …   Wikipedia

  • Economic anthropology — is a scholarly field that attempts to explain human economic behavior using the tools of both economics and anthropology. It is practiced by anthropologists and has a complex relationship with economics. There are three major paradigms within the …   Wikipedia

  • NLRB v. Mackay Radio & Telegraph Co. — NLRB v. Mackay Radio Telegraph Co. Supreme Court of the United States Argued April 5–6, 1938 De …   Wikipedia

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