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Economic analysis of social interactions
- JOURNAL OF ECONOMIC PERSPECTIVES
, 2000
"... Economists have long been ambivalent about whether the discipline should focus on the analysis of markets or should be concerned with social interactions more generally. Recently the discipline has sought to broaden its scope while maintaining the rigor of modern economic analysis. Major theoretical ..."
Abstract
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Cited by 509 (3 self)
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Economists have long been ambivalent about whether the discipline should focus on the analysis of markets or should be concerned with social interactions more generally. Recently the discipline has sought to broaden its scope while maintaining the rigor of modern economic analysis. Major
Software Engineering Economics
, 1981
"... Abstract—This paper summarizes the current state of the art and recent trends in software engineering economics. It provides an overview of economic analysis techniques and their applicability to software engineering and management. It surveys the field of software cost estimation, including the maj ..."
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Cited by 1647 (55 self)
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Abstract—This paper summarizes the current state of the art and recent trends in software engineering economics. It provides an overview of economic analysis techniques and their applicability to software engineering and management. It surveys the field of software cost estimation, including
The modern industrial revolution, exit, and the failure of internal control systems
- JOURNAL OF FINANCE
, 1993
"... Since 1973 technological, political, regulatory, and economic forces have been changing the worldwide economy in a fashion comparable to the changes experienced during the nineteenth century Industrial Revolution. As in the nineteenth century, we are experiencing declining costs, increaing average ( ..."
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Cited by 972 (6 self)
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Since 1973 technological, political, regulatory, and economic forces have been changing the worldwide economy in a fashion comparable to the changes experienced during the nineteenth century Industrial Revolution. As in the nineteenth century, we are experiencing declining costs, increaing average
Increasing Returns and Economic Geography
- Journal of Political Economy
, 1991
"... This paper develops a simple model that shows how a country can endogenously become differentiated into an industrialized "core" and an agricultural "periphery. " In order to realize scale economies while minimizing transport costs, manufacturing firms tend to locate in the regio ..."
Abstract
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Cited by 1811 (7 self)
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of factors of production in space-occupies a relatively small part of standard economic analysis. International trade theory, in particular, conventionally treats nations as dimensionless points (and frequently assumes zero transportation costs between countries as well). Admittedly, models descended from
A new approach to the economic analysis of nonstationary time series and the business cycle
- ECONOMETRICA
, 1989
"... ..."
Economic Action and Social Structure: The Problem of Embeddedness
- American Journal of Sociology
, 1985
"... How behavior and institutions are affected by social relations is one of the classic questions of social theory. This paper concerns the extent to which economic action is embedded in structures of social relations, in modern industrial society. Although the usual neoclassical accounts provide an &q ..."
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Cited by 3311 (3 self)
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How behavior and institutions are affected by social relations is one of the classic questions of social theory. This paper concerns the extent to which economic action is embedded in structures of social relations, in modern industrial society. Although the usual neoclassical accounts provide
Employment Fluctuations with Equilibrium Wage Stickiness,” American Economic Review,
, 2005
"... Modern economies experience substantial fluctuations in aggregate output and employment. In recessions, employment falls and unemployment rises. In the years immediately after a recession, the labor market is slackunemployment remains high and the vacancy rate and other measures of employer recruit ..."
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Cited by 542 (6 self)
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Modern economies experience substantial fluctuations in aggregate output and employment. In recessions, employment falls and unemployment rises. In the years immediately after a recession, the labor market is slackunemployment remains high and the vacancy rate and other measures of employer
Opinion Mining and Sentiment Analysis
, 2008
"... An important part of our information-gathering behavior has always been to find out what other people think. With the growing availability and popularity of opinion-rich resources such as online review sites and personal blogs, new opportunities and challenges arise as people now can, and do, active ..."
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Cited by 749 (3 self)
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challenges raised by sentiment-aware applications, as compared to those that are already present in more traditional fact-based analysis. We include materialon summarization of evaluative text and on broader issues regarding privacy, manipulation, and economic impact that the development of opinion
Bayesian Analysis of Stochastic Volatility Models
, 1994
"... this article is to develop new methods for inference and prediction in a simple class of stochastic volatility models in which logarithm of conditional volatility follows an autoregressive (AR) times series model. Unlike the autoregressive conditional heteroscedasticity (ARCH) and gener- alized ARCH ..."
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Cited by 601 (26 self)
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found in many economic time series has fostered an explosion in the use of ARCH models. On the other hand, the likelihood function for stochastic volatility models is difficult to evaluate, and hence these models have had limited empirical application
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