174 results
Search Results
2. KINDLEBERGER, MEHRLING Y ESE PREMIO NOBEL.
- Author
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Tooze, Adam
- Subjects
REAL economy ,CAPITALISM ,NOBEL Prizes ,SONGS ,ECONOMICS ,HAZARDS ,MACROECONOMICS ,NOBEL Prize winners ,TEAMS ,GREAT Depression, 1929-1939 - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
3. ¿INSTITUCIONES DEL PUEBLO, POR EL PUEBLO Y PARA EL PUEBLO? EL PODER Y LA RESPONSABILIDAD SOCIAL DE LOS BANCOS CENTRALES EN UNA DEMOCRACIA.
- Author
-
Rochon, Louis-Philippe and Vallet, Guillaume
- Subjects
CENTRAL banking industry ,SOCIAL responsibility ,POWER (Social sciences) ,BANKING industry ,INCOME distribution ,MONETARY policy ,DEMOCRACY ,ECONOMICS ,ETHICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
4. Sraffa: el pensamiento económico como coherencia.
- Author
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Gallardo, Álvaro
- Subjects
ECONOMICS ,NEOCLASSICAL school of economics ,MERCANTILE system ,MICROECONOMICS ,ECONOMISTS ,PROFIT - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2022
- Full Text
- View/download PDF
5. Hegel y la economía política en la escena intelectual alemana. Bases históricas y bibliográficas.
- Author
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Narváez León, Angelo
- Subjects
HISTORICAL markers ,MERCANTILE system ,FRENCH Revolution, 1789-1799 ,INTELLECTUAL capital ,ECONOMIC reform ,ECONOMICS ,CAPITALISM - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2022
- Full Text
- View/download PDF
6. ¿Qué es la economía? Una disciplina política para el mundo real.
- Author
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Galbraith, James K.
- Subjects
ECONOMICS ,SCHOOL discipline ,SCHOOLS of economics ,INSTITUTIONAL economics ,SOCIAL problems ,ECONOMIC policy ,HEURISTIC ,PUBLIC welfare ,SOCIAL structure ,ECONOMIC competition ,EVOLUTIONARY theories - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2022
- Full Text
- View/download PDF
7. El racismo encubierto en economía.
- Author
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Komlos, John
- Subjects
POOR people ,RACISM ,INSTITUTIONAL racism ,POVERTY ,ECONOMICS ,INCOME ,INDIGENOUS peoples ,ECONOMIC systems ,SOCIOECONOMICS ,INCOME inequality ,DECISION making - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2022
- Full Text
- View/download PDF
8. EL ESTADO Y LA SOCIEDAD EN LA ECONOMÍA POLÍTICA.
- Author
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Boundi Chraki, Fahd
- Subjects
CIVIL society ,ECONOMICS ,POLITICAL philosophy ,ECONOMIC policy ,PUBLIC spending ,PRICE inflation ,SURPLUS (Economics) - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2020
- Full Text
- View/download PDF
9. MODELOS CONTABLES Y COMPRENSIÓN DE LA CRISIS FINANCIERA.
- Author
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Bezemer, Dirk J.
- Subjects
ECONOMIC models ,MATHEMATICAL models of macroeconomics ,ECONOMIC equilibrium ,MATHEMATICAL models ,FLOW of funds ,GLOBAL Financial Crisis, 2008-2009 ,NEOCLASSICAL school of economics ,ECONOMIC policy ,FINANCIAL crises ,ECONOMICS ,PREVENTION - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2012
10. EL MODELO DE SKAPERDAS Y SYROPOULOS.
- Author
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López, Leonardo Raffo
- Subjects
ECONOMIC models ,NASH equilibrium ,GAME theory ,INSTITUTIONAL economics ,ECONOMICS ,MATHEMATICAL models - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2007
11. LA EFECTIVIDAD EN TÉRMINOS DE DESARROLLO DE LAS INSTITUCIONES MULTILATERALES BAJO RESTRICCIONES DE ACCIÓN COLECTIVA.
- Author
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Durán, Eduardo Wiesner
- Subjects
ECONOMIC policy ,GOVERNMENT policy ,ECONOMICS ,POLITICAL science ,INSTITUTIONAL economics ,COLLECTIVE action - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2007
12. DERECHOS DE AUTOR. ENFOQUE ECONÓMICO, EVOLUCIÓN Y PERSPECTIVAS.
- Author
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Pulido Pavón, Noemí, Palma Martos, Luis, and Aguado, Luis F.
- Subjects
COPYRIGHT ,LEGAL status of authors ,INTELLECTUAL property ,HISTORY of economics ,HISTORY of copyright ,ECONOMIC research ,EIGHTEENTH century ,ECONOMICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2016
- Full Text
- View/download PDF
13. LA ORTODOXIA ECONÓMICA DESALIENTA EL ESTUDIO DEL COMPORTAMIENTO COLECTIVO.
- Author
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van den Berg, Hendrik
- Subjects
- *
NEOCLASSICAL school of economics , *ECONOMICS , *ECONOMIC activity , *ECONOMIC sociology , *PLURALISM - Abstract
Economic thought evolved over the past two centuries to focus on individual behavior as the basis for all economic activity. Some heterodox economists have pointed to the importance of group behavior and the influence of organizations on economic activity, but the neoclassical paradigm, with the rational isolated individual as its main actor, prevails in mainstream economics. This paper presents a "sociology of economics" to explain why the prevailing paradigm of economics does not allow seeing and studying group behavior. Drawing on the work of Pierre Bourdieu, the paper details the habitus, the system of beliefs and the symbolic violence against those who question them. Also, it highlights the support of commercial and financial interests to the dominant culture. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
14. LA TEORÍA DEL VALOR TRABAJO Y EL PRINCIPIO DE MÁXIMA ENTROPÍA.
- Author
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Jacobo, Juan Esteban
- Subjects
- *
LABOR theory of value , *MAXIMUM entropy method , *EFFECT of labor mobility on wages , *INCOME inequality , *CAPITAL , *ECONOMICS , *LABOR time - Abstract
This paper uses the principle of maximum entropy to characterize certain aspects of classical political economy associated with the labor theory of value. First, it is shown that the free mobility of labor can give rise to a distribution of wages tending towards the mean and the existence of universal labor time as an emergent property of the system. Similarly, it is shown that the free mobility of capital can result in a tendency towards a normal rate of profit, while allowing for the possibility that the system will enter periods of crisis through time. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
15. ¿De qué otra forma analizar el Proyecto Mesoamérica? Reflexiones desde la economía política internacional británica.
- Author
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Ruiz Valdes, Michelle and Vázquez Meneley, Sergio
- Subjects
- *
INTERNATIONAL competition , *ECONOMICS , *PARTICIPATION - Abstract
Mesoamerica emerged in regional relations thanks to different cooperation strategies between Mexico, Central America, Colombia and the Dominican Republic that have resulted in what is known today as the Mesoamerica Integration and Development Project. However, ten years after its creation, most of the studies in this regard are descriptive and use an institutional approach that does not distinguish other relevant aspects such as the inclusion of nongovernmental actors and their participation in this regional program. In order to make a first approach to these aspects within the Mesoamerica Project, this paper proposes the use of the International Political Economy theoretical approach of British origin, in the interest of identifying those analytical elements that will go beyond the traditional approach and deepen our knowledge of this program. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
16. HIRSCHMAN: UN GRAN CIENTÍFICO SOCIAL.
- Author
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Blanco, Luis Armando
- Subjects
SOCIAL sciences ,INDUSTRIALIZATION ,PRICE inflation ,DEFICIT financing ,ECONOMICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2013
17. EL PERRO Y EL FRISBEE.
- Author
-
Haldane, Andrew G. and Madouros, Vasileios
- Subjects
BANKING industry & economics ,BANK failures ,CAPITAL ,FINANCIAL crises ,ECONOMIC aspects of decision making ,ECONOMICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2012
18. HECHOS Y PALABRAS: LA REALIDAD COLOMBIANA VISTA A TRAVÉS DE LA PRENSA ESCRITA.
- Author
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Caicedo, Juan Manuel, Gaviria, Alejandro, and Moreno, Javier
- Subjects
- *
SOCIAL science research , *QUANTITATIVE research , *ARCHIVAL research , *ECONOMICS ,ECONOMIC conditions in developing countries - Abstract
This paper presents the first application to Colombia of culturomics, a novel research method in the social sciences that describes cultural, social and linguistics trends based on the quantitative analysis of millions of digitized texts. The paper uses all news and editorials published during the past two decades in three national periodicals in order to analyze the trajectories of several social and economic phenomena: corruption, economic optimism, the relative power of the judicial branch, etc. Beyond its specific findings, this paper showcases how culturomics can be used to describe the changing reality of a developing country. [ABSTRACT FROM AUTHOR]
- Published
- 2012
19. RACIONALIDAD LIMITADA EN LA SOCIEDAD DEL RIESGO MUNDIAL.
- Author
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Arocena, Francisco Augusto Laca
- Subjects
- *
RATIONAL choice theory , *PREJUDICES , *COGNITIVE psychology , *SOCIOLOGY of risk , *SOCIAL choice , *MODERNIZATION (Social science) , *GLOBALIZATION , *ECONOMICS - Abstract
The economic theory of rational choice was accepted for decades as a general theory to explain human behaviour which other social sciences lack. This paper reviews some limitations of the former. Through cognitive psychology, the paper describes the cognitive biases of people when assessing data and making choices, which puts into question the idea that the human mind is programmed to follow the assumptions of rational choice. On the other hand, the increased risks in modern civilization (monetary, ecological, geopolitical) and their global character define our society as "the society of global risk". The author discusses the limits of our rationality in regard to making choices as a troubling issue for coping with increasing global risks. [ABSTRACT FROM AUTHOR]
- Published
- 2012
20. EL VACÍO INSTITUCIONAL EN EL MODELO DE ELECCIÓN RACIONAL APLICADO A LA FECUNDIDAD.
- Author
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Gutiérrez, Rafael Barrera
- Subjects
MATHEMATICAL models ,FAMILIES ,FERTILITY ,RATIONAL choice theory ,ECONOMIC models ,ECONOMICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2011
21. INFORMACIÓN Y ENTROPÍA EN ECONOMÍA.
- Author
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Montenegro, Álvaro
- Subjects
INFORMATION theory ,ECONOMIC models ,ENTROPY (Information theory) ,MATHEMATICAL models of economics ,ECONOMIC development ,ECONOMETRIC models - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2011
22. NARCOTRÁFICO Y CONFLICTO:¿POR QUÉ BAJÓ EL PRECIO DE LA COCAÍNA?
- Author
-
Raffo López, Leonardo
- Subjects
COCAINE industry ,COCAINE ,COCA industry ,COCA ,PRICE level changes ,PRICES ,DRUG traffic ,ECONOMICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2010
23. ECONOMÍA DE LA CULTURA. UNA NUEVA ÁREA DE ESPECIALIZACIÓN DE LA ECONOMÍA.
- Author
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M., Luis Antonio Palma and Q., Luis Fernando Aguado
- Subjects
ECONOMICS ,CULTURE ,CULTURAL policy ,CULTURAL production ,CULTURAL industries ,MARKETS in art - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2010
24. COLOMBIA Y VENEZUELA: DESEMPEÑO ECONÓMICO, TIPO DE CAMBIO Y RELACIONES ESTADO-EMPRESARIOS.
- Author
-
C., Alberto Martínez
- Subjects
FOREIGN exchange rates ,ECONOMIC development ,INTERNATIONAL relations ,ECONOMICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2008
25. CAPITALISMO, DESARROLLO Y ESTADO. UNA REVISIÓN CRÍTICA DE LA TEORÍA DEL ESTADO DE SCHUMPETER.
- Author
-
Sánchez-Ancochea, Diego
- Subjects
ECONOMISTS ,INCOME redistribution ,DEVELOPMENT economics ,ECONOMICS ,ECONOMIC development - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2005
26. DEL FILO DE LA NAVAJA A LA CÁSCARA DE NUEZ: UN NUEVO EXAMEN DE LA DINÁMICA DE HARROD.
- Author
-
Moreno Rivas, Álvaro Martín
- Subjects
RESEARCH ,CYCLES ,BUSINESS cycles ,ECONOMIC development ,ECONOMISTS ,ECONOMICS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2005
27. INSTITUCIONES E HISTORIA ECONÓMICA: ENFOQUES Y TEORÍAS INSTITUCIONALES.
- Author
-
Caballero, Gonzalo
- Subjects
- *
ECONOMIC history , *INSTITUTIONAL economics , *ECONOMICS , *RESEARCH , *SOCIAL sciences - Abstract
Recently, some papers have been published that examine the relation between economic history and institutional economics, and propose a closer relation between these two disciplines. This article shows how the theoretical and methodological foundations of the different institutionalist programs are enriching research in economic history, giving it more rigor. Furthermore, using papers from Hodgson, North and Greif, this article reviews the contributions of traditional institutionalism, New Institutional Economics and Historical and Comparative Institutional Analysis. It ends by proposing a research program that emphasizes the historical studies of institutions and enriches economic analysis. Economic history should not be seen as a subaltern discipline; it should be treated at the same level as economics, as Schumpeter wanted it. [ABSTRACT FROM AUTHOR]
- Published
- 2004
28. RIESGO MORAL Y CONTRATOS: CIERTA EVIDENCIA EXPERIMENTAL.
- Author
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B., Julián Arévalo and J., Jair Ojeda
- Subjects
- *
ECONOMICS , *CONTRACTS , *MACROECONOMICS , *ECONOMIC impact , *SOCIAL sciences - Abstract
This paper shows one type of asymmetric information problems, their theoretical implications, the design of contracts that mitigate them, as well as some experimental evidence. Furthermore, by extrapolating the results, the paper tries to illustrate certain macroeconomic implications obtained under a controlled environment. [ABSTRACT FROM AUTHOR]
- Published
- 2004
29. Behavioral Law and Economics: A Complementary Approach to the Standard Perspective.
- Author
-
GARCÍA-TEJEDA, ENRIQUE
- Subjects
BEHAVIORAL economics ,RIDESHARING services ,TRANSPORTATION policy ,SOCIAL norms ,BEHAVIORAL sciences ,INTERNATIONAL law - Abstract
Copyright of Revista Derecho del Estado is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
30. Identificar y repensar el pluralismo teórico en economía. Más allá de la integración de paradigmas en competencia.
- Author
-
Guevara Castañeda, Camilo Andrés and Alonso Sanabria, Juan David
- Subjects
MONISM ,PLURALISM ,ECONOMICS ,PRAGMATISM ,ECONOMIC research - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
31. Análisis económico de la responsabilidad del Estado por construcción de obras públicas
- Author
-
Nicolás Enrique Martínez Benavides
- Subjects
Economic efficiency ,Public infrastructure ,Compensatory Damages ,Welfare economics ,Compensation (psychology) ,Pareto Improvement ,Pareto principle ,Pharmaceutical Science ,Criterio de Kaldor Hicks ,Construcción de obras públicas ,Public Infrastructure Construction ,Mejora de Pareto ,Indemnización de perjuicios ,Damages ,Economics ,Kaldor Hicks Efficiency ,Normative ,Deadweight loss ,Externality - Abstract
El presente trabajo estudia, desde el Análisis Económico del Derecho, la responsabilidad del Estado por construcciones públicas. A la luz de los criterios de eficiencia económica, de Pareto y Kaldor Hicks, el escrito concluye que la indemnización de perjuicios en dichos eventos constituye una mejora paretiana, pues con la construcción se mejoró el bienestar de la comunidad y nadie se perjudicó porque quien inicialmente había sido afectado recibió la respectiva compensación. Adicionalmente, se realizan recomendaciones normativas con el fin de lograr que la compensación se realice de manera administrativa mediante un acuerdo con el afectado, toda vez que es la manera ideal para que se internalicen las externalidades negativas derivadas de la construcción de obras públicas y porque cuando la compensación se hace por la vía judicial se presenta una pérdida de eficiencia económica debido a los gastos en que incurren tanto el Estado como el particular afectado. This paper studies from a law and economics perspective the compensation of damages caused by public constructions. Using the Pareto and Kaldor Hicks economic efficiency criteria the paper concludes that compensation constitutes a Pareto improvement because public infrastructure construction improves society well-being while no one is worse off due to the compensation paid to who initially was affected. Additionally, some normative recommendations are suggested to assure that the compensation is paid by an administrative agreement in order to internalize the externalities created by the constructions and to avoid judicial claims which lead to a deadweight loss due to its costs.  
- Published
- 2021
32. Default Rules in the Law: Toward a Theoretical Framework
- Author
-
Daniel Alejandro Monroy Cely
- Subjects
individual autonomy ,media_common.quotation_subject ,doctrina del derecho civil ,elección activa ,active choice ,default rules ,Individualism ,Order (exchange) ,civil law doctrine ,reglas predeterminadas ,Economics ,Commercial law ,autonomía individual ,media_common ,Law and economics ,libertad de decisión ,Continuum (measurement) ,Freedom of choice ,freedom of choice ,Doctrine ,Civil law ,K623-968 ,Civil law (legal system) ,K1000-1395 ,Law ,Autonomy - Abstract
RESUMEN. Las "reglas u opciones predeterminadas" son estructuras ubicuas en múltiples áreas del derecho. Aunque este tipo de reglas se han estudiado en el derecho de los contratos, más allá de este ámbito no han suscitado mayor interés en la doctrina jurídica de tradición civilista. Si bien esta doctrina ha sostenido reiteradamente que las reglas predeterminadas preservan per se un continuum en la libertad de decisión de sus destinatarios, este artículo refuta esta tesis y argumenta que estas reglas producen una profunda pero inadvertida afectación a la autonomía individual y la libertad de decisión individual. En esta perspectiva, el artículo reflexiona en torno a por qué en algunas áreas del derecho ciertos contenidos de las reglas predeterminadas pueden calificarse como éticamente inadmisibles. El artículo además sugiere algunos criterios preliminares para determinar "cómo" debiera diseñarse el contenido de las reglas predeterminadas. ABSTRACT. Default rules are ubiquitous structures in multiple areas of law. Whereas these types of rules have been studied in contract law, beyond this area, default rules have not attracted much interest from civil law doctrine. Although this doctrine has repeatedly held that default rules preserve per se a continuum in the freedom of choice of their addressees, this paper contests this thesis and argues that these rules produce a deep but unnoticed impact on autonomy and individual freedom of choice. In this order, the paper reflects about why in certain areas of law and why certain contents of the default rules can be qualified as ethically inadmissible. The paper also suggests some preliminary criteria to determine "how" the content of the default rules should be designed.
- Published
- 2020
33. UN MODELO CcP DEL MERCADO DE VALORES.
- Author
-
Bichler, Shimshon and Nitzan, Jonathan
- Subjects
- *
STOCK exchanges , *POWER (Social sciences) , *CAPITALISM , *VALUATION , *ECONOMIC development , *FINANCIAL crises , *ECONOMIC shock , *ECONOMICS - Abstract
Most explanations of stock market booms and busts are based on contrasting the underlying ‘fundamental’ logic of the economy with the exogenous, non-economic factors that presumably distort it. Our paper offers a radically different model, examining the stock market not from the mechanical viewpoint of a distorted economy, but from the dialectical perspective of capitalized power. The model demonstrates that (1) the valuation of equities represents capitalized power; (2) capitalized power is dialectically intertwined with systemic fear; and (3) systemic fear and capitalized power are mediated through strategic sabotage. This triangular model, we posit, can offer a basis for examining the asymptotes, or limits, of capitalized power and the ways in which these asymptotes relate to the historical and ongoing transformation of the capitalist mode of power. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
34. El desafío del gigante chino a Estados Unidos en la posguerra fría: ¿mito o realidad?
- Author
-
Ripoll, Alejandra and Ghotme, Rafat
- Abstract
After twenty-five years of the end of the Cold War, the impact of the rise of China in the international system can be analyzed from material and ideational elements of power. This article seeks to identify whether China's importance is internationally overrated, or if this country can really challenge U.S. hegemony. Most of the literature on Chinese potential has overlooked its internal policy, which is a determining factor in the international system, according to the realist perspective. Using the inductive method, this paper will attempt to establish the causal relation between domestic and international politics. This will highlight China's need to solve border disputes with its neighbors, make a commitment to respect human rights, and solve the needs of a population that is highly dissatisfied with the present government due to inequality and corruption. These factors challenge China in its quest to achieve a new distribution of power. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
35. LA IDEA AUSTRIACA DE "ESPÍRITU EMPRESARIAL" Y LAS INSTITUCIONES LABORALES EN LA ECONOMÍA GLOBAL.
- Author
-
Lasierra Esteban, José Manuel
- Subjects
- *
ENTREPRENEURSHIP , *LABOR market , *AUSTRIAN school of economics , *INSTITUTIONAL economics , *INTERNATIONAL competition , *INTERNATIONAL economic relations , *MARKET design & structure (Economics) , *ECONOMICS - Abstract
In this paper we note a complementary relationship between the Austrian school, based on the individual's role and markets, and institutional economics, which emphasizes the role of institutions in economic behavior. The idea of continuous improvement in corporate governance takes place in a system of complex and interrelated production in which the contributions of the various actors are necessary and difficult to quantify. Our working hypothesis is that institutions can to solve the distributional conflict and generate more productive organizations, while stimulating the entrepreneurial spirit. [ABSTRACT FROM AUTHOR]
- Published
- 2016
- Full Text
- View/download PDF
36. ACUMULACIÓN DE CAPITAL: FICCIÓN Y REALIDAD.
- Author
-
Bichler, Shimshon and Nitzan, Jonathan
- Subjects
- *
SAVINGS , *CAPITAL , *FINANCE , *CAPITAL financing , *WEALTH , *ECONOMICS - Abstract
What do economists mean when they talk about 'capital accumulation'? Surprisingly, the answer is anything but clear. The conventional view is that there are two types of capital, real and financial; that these two capitals should correspond to one another; and that, unfortunately, most of the time they don't: in general, goes the argument, the growth of financial capital tends to mismatch and distort the accumulation of real capital. The paper shows this 'mismatch thesis' - and therefore the ability of economists to explain accumulation - to be built on foundations of sand. Economists, it argues, cannot measure real capital in the first place, and the proxies they devise for that purpose entangle them in logical circularities and empirical impossibilities. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
37. TEORÍAS DEL VALOR: COINCIDENCIAS Y DIVERGENCIAS EN LA ECONOMÍA Y LA ANTROPOLOGÍA SOCIAL.
- Author
-
García del Hoyo, Juan José and de Madariaga, Celeste Jiménez
- Subjects
- *
ETHNOLOGY , *ECONOMIC sociology , *UTILITY theory , *ANTHROPOLOGY , *VALUE (Economics) , *SOCIOECONOMICS , *ECONOMICS - Abstract
This paper is a review of the notions of value in economics and anthropology. In this review, the greater difficulty has been, indeed, the historical separation between disciplines that frequently have developed their theoretical conceptualizations about economic fact separately, while the cooperation attempts have had to overcome important methodological and formal differences. However, the analysis of the main anthropological and economic contributions has shown the necessity to re-examine the foundations about value and to reflect on the use of this concept. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
38. REDES DE PYMES: UNA VISIÓN DESDE LAS TEORÍAS DE CLUB Y DE EQUIPO.
- Author
-
Alderete, María Verónica
- Subjects
- *
SMALL business , *BUSINESS networks , *TEAMS in the workplace , *ECONOMICS , *STRATEGIC alliances (Business) , *BUSINESS partnerships , *PARTNERING between organizations - Abstract
Cooperation among firms can be analyzed from different theoretical perspectives. The objective of this paper is to analyze firm networks from the perspective of team theory and club theory. Even though these theories are not recent in economics, using them as a theoretical framework for the characterization of firm networks could be a novel contribution. We can infer that aspects of both theories could be combined to explain cases of cooperation. [ABSTRACT FROM AUTHOR]
- Published
- 2015
39. LA TEORÍA DEL CONSUMO Y DE LOS CICLOS EN THORSTEIN VEBLEN.
- Author
-
Figueras, Alberto José and Morero, Hernán Alejandro
- Subjects
- *
ECONOMICS , *CONSUMPTION (Economics) , *BUSINESS cycles , *FINANCIAL crises - Abstract
Thorstein Veblen (1857-1929) is one of the founders of American institutional economics. This paper aims to make a presentation of his theory of consumption and his theory of business cycles and crises, through an analytical reading of his works: The Theory of the Leisure Class and The Theory of Business Enterprise. In order to complete this analysis, we also make a general presentation of the author's thought and a brief systematization of his critique of orthodox economic thought. [ABSTRACT FROM AUTHOR]
- Published
- 2013
40. LOS CÓDIGOS DE CONDUCTA DE LAS EMPRESAS PETROLERAS EN COLOMBIA: UNA CARACTERIZACIÓN.
- Author
-
Gorbaneff, Yuri, Margarita Uribe, G. Elsa, and Hoyos, Guillermo
- Subjects
- *
CODES of ethics , *PETROLEUM industry , *BUSINESS enterprises , *ETHICS , *ECONOMICS - Abstract
We explore the traits that characterize the codes of conduct with the aim to understand the parameters of responsibility and ethical performance that Colombian oil companies define for themselves and for their stakeholders. The paper is exploratory and descriptive and uses the method of multiple case study. The codes are grouped in three blocks according to their structure. We show the philosophical roots of codes. codes of global companies are extensive and legal. Local companies with international ambition have less extensive codes, but maintain their legal nature. Codes of small local enterprises are short and mission-focused by this tone. Virtually all codes have their roots in utilitarian ethics. [ABSTRACT FROM AUTHOR]
- Published
- 2012
41. CICLO POLÍTICO DE LOS NEGOCIOS Y TAMAÑO MUNICIPAL: COLOMBIA 1989-2008.
- Author
-
Páez, Néstor Rubiano
- Subjects
- *
POLITICAL business cycles , *MUNICIPAL government , *GOVERNMENT spending policy , *ECONOMETRICS , *PUBLIC investments , *PUBLIC finance , *ECONOMICS ,COLOMBIAN economy, 1970- - Abstract
This paper presents an empirical verification of the "political business cycle" hypotheses applied to 547 Colombian municipalities from 1989 to 2008. The econometric study reveals that smaller towns exhibit a cycle in public investment and fiscal deficit: both variables increase before elections and fall after them. These results are placed in the Colombian social context to discuss why the cycle occurs in those municipalities and the coincidence with differences in the efficiency of public expenditure to reduce poverty, as measured by unsatisfied basic needs. Some policies are recommended in order to reduce the adverse effects of this cycle and improve efficiency. [ABSTRACT FROM AUTHOR]
- Published
- 2011
42. POLARIZACIÓN Y CONFLICTO SOCIAL.
- Author
-
Cárdenas, Ernesto
- Subjects
- *
SOCIAL conflict , *POLARIZATION (Social sciences) , *ECONOMICS , *INCOME inequality , *ECONOMIC models - Abstract
Polarization seems to be a more accurate concept for the explanation of the emergence of social conflicts than that of inequality. This paper succinctly presents both concepts and summarizes the theory and index of economic polarization developed by Esteban and Ray within its identification-alienation framework and some of its extensions such as the group and explained polarization. [ABSTRACT FROM AUTHOR]
- Published
- 2011
43. ACCIÓN COLECTIVA Y EL PROCESO DE LA POLÍTICA PÚBLICA.
- Author
-
NIÑO, JUANITA VILLAVECES
- Subjects
- *
COLLECTIVE action , *GOVERNMENT policy , *ECONOMICS , *REASONING , *POLICY sciences - Abstract
This paper seeks to illustrate different approaches to collective action and their relation with particular types of public policy. We analyze the impact of econonomics and non-economics collective action driven perspectives on public policy theory. The former perspective is conducive to a rational approach to policy. However, as reciprocity enters into collective action reasoning, then public policy becomes interested in understanding behavioural change in terms of such relations. Finally, we conclude on the relevance of collective action for the study of public policy and highlight the circumstances that may foster such analysis. [ABSTRACT FROM AUTHOR]
- Published
- 2009
44. Cuál es la frecuencia de muestreo óptima en el mercado intradiario del Usd/Cop?
- Author
-
Sandoval, Javier
- Subjects
- *
FINANCIAL markets , *MICROECONOMICS , *MARKET volatility , *METHODOLOGY , *TRANSACTIONAL analysis , *PSYCHOTHERAPY , *FINANCIAL risk , *ECONOMICS , *MARKETS - Abstract
The development of transactional platforms, has enabled the study of ever larger financial markets from the intraday perspective. However, we found a problem of high frequency data: the accumulation of microeconomic-noise. The following document develops, based on the methodology of Bandi and Russell 2002 and Barndorff-Nielsen and Shephard 2002, a theoretical and practical framework for tackling the problems of microeconomic noise in the estimation of diary volatility in the market for USP / COP. The conclusions of the paper point to an optimal intraday sampling spacing for 10 minutes. [ABSTRACT FROM AUTHOR]
- Published
- 2008
45. THOMAS C. SCHELLING: LA PARADOJA DE UN ECONOMISTA ERRANTE.
- Author
-
Salazar, Boris
- Subjects
- *
SOCIAL sciences , *SOCIAL interaction , *ECONOMICS , *NOBEL Prize winners , *ECONOMISTS - Abstract
This article explains two enigmas related to the scientific career of Thomas C. Schelling, Nobel Prize in Economics 2005: How to explain his capacity to always produce new ideas? Why have his multiple pioneer ideas had more impact on other social sciences and not on economics? The paper proposes three hypotheses: the minor impact of the acquired knowledge of his theoretical work, a heuristic that always privileged the relationship between unpublished facts and unusual angles, and the creation of a spontaneous knowledge network that covered different disciplines dedicated to social interaction. [ABSTRACT FROM AUTHOR]
- Published
- 2007
46. ABSTRACTS.
- Subjects
ECONOMICS - Abstract
El artículo presenta una bibliografía de artículos sobre la economía institucional e incluye "La efectividad en términos de desarrollo de las instituciones multilaterales bajo restricciones de acción colectiva," escrito por Eduardo Wiesner Durán, "Colombia en las dos fases de globalización," escrito por Salomón Kalmanovitz, y "Globalización del capital y desarrollo institucional del sistema financiero," escrito por Edgar Demetrio Tovar García.
- Published
- 2007
47. LA CIUDAD SEGMENTADA: UNA REVISIÓN DE LA SÍNTESIS ESPACIAL NEOCLÁSICA.
- Author
-
Alfonso R., Óscar A.
- Subjects
- *
REAL property , *CITIES & towns , *ECONOMIC structure , *ECONOMICS , *ECONOMIC equilibrium - Abstract
This paper evaluates how economic theory deals with analyses of current real estate dynamics and urban residential structure. It shows the fundamental axioms of neoclassical spatial synthesis and their explanations in terms of equilibrium, and highlights ambiguous and unsatisfactory, but elegant, solutions to urban spatial economic structure and dynamics. It presents the critical heterodox approach to the fundamental axioms and the hypothesis of spatial equilibrium, and shows the main aspects of the central heterodox contribution to residential real estate dynamics. [ABSTRACT FROM AUTHOR]
- Published
- 2005
48. HUME Y LA TEORIA INSTITUCIONAL.
- Author
-
Mellizo, Carlos
- Subjects
- *
ECONOMISTS , *THEORY , *ECONOMICS , *PHILOSOPHY - Abstract
This paper shows the links between Hume's philosophy of customs and the basic principles of institutional theory. This relationship has been suggested by contemporary economists such as Vernon Smith and others, who see in Hume the origins of today's broadly accepted dichotomy between constructive and ecological reasoning, essential to institutional thinking. For Hume habit, as the main guide of life, can be used to comprehend individual and collective behavioural patterns. The question is whether his reflections on the subject are consistent with the foundations of his own philosophy of belief. [ABSTRACT FROM AUTHOR]
- Published
- 2005
49. ABSTRACTS.
- Subjects
ECONOMIC history ,ECONOMIC development ,ECONOMICS ,CAPITALISM - Abstract
Presents abstracts of several articles related to economic history. "The Colonial Origins of Comparative Development: An Empirical Investigation," by Daron Acemoglu, Simon Johnson and James A. Robinson; "Hume and Institutional Theory," by Carlos Mellizo; "Capitalism, Development and the State. A Critical Account of Schumpeter's Theory of the State," by Diego Sánchez-Ancochea.
- Published
- 2005
50. INSTITUCIONES, COSTOS DE TRANSACCIÓN Y POLÍTICAS PÚBLICAS: UN PANORAMA.
- Author
-
Arias, Xosé Carlos and Caballero, Gonzalo
- Subjects
- *
ECONOMICS , *TRANSACTION costs , *POLITICAL planning , *PUBLIC administration , *GOVERNMENT policy - Abstract
Recently a new approach to political economy has been consolidated. The political analysis of transaction costs is an attempt to solve some of the problems which arise in economic theories of public policy. This paper deals with the notions of transaction costs, institutional efficiency, governance structures and commitment value; and defines political interchange as political contracts. Political transactions have high transaction costs and the efficiency of the "political market" requires a democratic system with institutions that favour reasoned decisions and prevents democratic delegation from becoming abdication. This article surveys literature with a transaction cost perspective and shows that it has been very useful for the theoretical explanation of the role of political agents and the evolution of rules that guide their interaction. The main challenge is to provide empirical evidence to the theoretical proposals. [ABSTRACT FROM AUTHOR]
- Published
- 2003
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