Gift Economy
A gift economy, gift culture as well as gift exchange is a mode of exchange where valuables usually are not sold, but rather given lacking…
Economics
Vertical Integration
Vertical integration can help companies decrease expenses and progress effectiveness by diminishing transportation expenses and reducing rotate time, among other benefits. However, sometimes it is…
Moral Hazard in Economics
Moral hazard may be present any period two parties be given agreement against each other. Each party in a contract may have the opportunity to…
Paradox of Value
Paradox of Value is an observation that goods critical alive are very cheap, whereas others without any bearing on human existence are expensive. This paradox…
Bangladesh Railway Transport Infrastructure
The Bangladesh economy is burdened by major transportation constraints. These lead to lower efficiency, higher transport costs, and more significantly, “transport unreliability”. As railway is…
Economic Determinism
In the Marxist version of Karl Marx, the emphasis is within the worker class which usually revolt and also overthrow capitalism. Marxist thinkers have dismissed…
Hedonic Index
In econometrics, a hedonic index is a selling price index which uses information from hedonic regression, which describes just how product price may be explained…
Rationality
Rationality may be the quality or state to be reasonable, based with facts or motive. Rationality implies the conformity of your beliefs with one’s reasons…
Economic Rationalism
Economic rationalism is surely an Australian term inside discussion of microeconomic insurance policy, applicable to your economic policy of many governments worldwide, in particular throughout…
Green Syndicalism
Green syndicalism is a sort of anarcho-syndicalism that concentrates on the abolition of capitalism as well as the establishment of the democratic regime involving workers’…
Marginal Abatement Cost
A marginal abatement cost curve is a set of options available a great economy to lower pollution. They tend to be valuable tools inside understanding…
Government Spending
Government spending includes all federal government consumption, investment and also transfer payments. Within national income data processing the acquisition through governments, of items and services…
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