Standard Economic Theory

2017-07-22T18:57:19+00:00

In this paper, we will be taking a brief overview of the internal workings of standard economic theory. We talk about how it is a framework that applies linear systems theory to economic analysis.

Economic Agents

2017-07-22T18:42:42+00:00

In this article, we will be exploring two different models given for agents within an economic context. We will talk about how standard economics offers this model of the rational individual sometimes called homo economicus, and we will draw upon the new area of behavioral economics which presents an alternative model to human behavior within an economic context.

Behavioral Choice Theory

2017-07-22T18:54:24+00:00

Economics is often interpreted as the study of how people make choices in the allocation of their resources. Microeconomics hinges on this process through which agents come to make decisions and then act on these decisions

Complexity Economics An Overview

2017-10-02T18:07:07+00:00

Complexity economics is a new approach to economic science that uses models from complexity theory to look at and model the economy as a complex adaptive system

Innovation Economies

2017-09-17T22:38:44+00:00

There is a seed change in global innovation, from every corner a mandate for increasing creativity and innovation and we are hearing this in business we are hearing this in education we are hearing this in commerce

Platform Enterprises

2017-09-17T22:38:56+00:00

With the rise of the services economy and information technology fundamentally new forces are at play in the global economy and this is giving birth to a new form of business organization called the platform business that is adapted to this age of connectivity.

Distributed Blockchain Economy

2017-09-17T22:40:51+00:00

A central question facing any economic system is how to harness all of the resources available within the society towards productive ends and then distribute the returns in an equitable fashion. Within just the past couple of years, the topic of

Service Value Ecosystems

2017-09-17T22:41:03+00:00

In this paper, we look at the nature of this new form of services economy, how vertically integrated, service providers now tend to engage in networked value creation in ecosystem-like environments - what can be called service value networks (SVNs) and how this development requires new cooperation forms in loosely-coupled structures of autonomous organizations.

Digital Platforms: In Numbers

2017-07-20T19:48:13+00:00

Short image and text presentation highlighting the scale and impact of digital platforms on the physical economy. This video tries to highlight how online platforms like Alibaba, Uber or AirBnB are playing an increasingly important role in organizing physical assets, from the flow of products exchanged in commerce to accommodation and transportation.

Value Theory

2017-07-22T18:51:40+00:00

Value theory within economics represents all theories that try to define what economic value is, where it comes from, why goods and services are priced the way they are and how to calculate some form of objective price; if such a value exists