Theoretical and Applied Economics
No. 5 / 2014 (594)
The methodological predicament
„For the space of economic rationality to function, all individuals must do different things at different times, as must do all the markets and all the economies.”
The differentiation of goals and intentions constitutes the basis of economicity. As such, the strong argument which turns methodological individualism into a principle supports the context of the double differentiation on intentions and on goals. Without this differentiation the meaning of the term “individual” becomes a non-sense. Furthermore, the free choice of objectives and of the means for reaching them is the only formula in which individual interest is treated in a non-conflictual manner, as long as free choice is independent in space and time and not treated as part of a group.
Contents
Increase of company performances and shareholders’ satisfaction by using design for adaptability (DFA)
Forecasting crude oil market volatility in the context of economic slowdown in emerging markets
The sensory brand of the destination. Case study: Transylvania
Difficulties of the supporting pensioners by current employees – alternative to pension systems at international level. Empirical analysis in Romania
Single market fragmentation. The influence of the public decision system’s features upon the national decision system: A case study of the Romanian Eco-duty
Effects of macroeconomic variables on poverty in Iran (Application of bootstrap technique)
Determination of factors affecting willingness to pay for low SAR value cell phones: A case study of Turkey
Implications of the financial crisis to the relevance of Taylor rule Case study: European Union
Non-performing loans – dimension of the non-quality of bank lending/loans and their specific connections
Regional implications of salary in the European Union