Economy & Finance
Firms Maximize Profits
Dr. Gorkem Celik discusses the profit maximization assumption used by standard microeconomics models.
Economy & Finance
Big Little Questions to Rethink Poverty: On the contribution of Abhijit Banerjee, Esther Duflo and Michael Kremer
Dr. Estefania Santacreu-Vasut discusses the methodological revolution in economics and the recent Nobel prize of Abhijit Banerjee, Esther Duflo, and Michael Kremer.
Economy & Finance
Sense and Suspense: A Nineteenth-century English-literature Perspective to the Modern Firm
Would a modern firm be closer to a Jane Austen's novel than to a firm with a standard business model ?