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Commentary and research on current events and public policy by economists from the University of the Philippines
Posts tagged "groups"
Discussion Papers

Groups, Norms and Endogenous Membership: Towards a Socially Inclusive Economics

by on May 18, 2016  •  No Comments
In Part I, we argue that Economics must outgrow the narrow confines of Neo-Classical Economics to embrace ‘sociality’ first championed by Herbert Simon in the mid-1950s and now by a growing number of economists under the banner of Social Economics. In Part II, we construct a formal model where the agent is at once...
Discussion Papers

N-Poly Viability and Conglopolistic Competition in Small Emerging Market

by on Apr 19, 2015  •  No Comments
The economic catch-up of the East Asian region went hand-in-hand with the emergence and even dominance of large quasi-state or private conglomerates. Such for example were the Zaibatsus in the pre-WWII and the Keiretsus of the post-WWII Japan and the Chaebols of South Korea.

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