Association For Social Economics
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Association For Social Economics
The Association for Social Economics (ASE), founded in New York City in 1941, is a learned society in the broadly defined area of social economics, and is part of the Allied Social Science Associations. Social economics is the study of the ethical and social causes and consequences of economic behavior, institutions, organizations, theory, and policy. The fields of research promoted by ASE include the mutual relationships among ethics, social values, concepts of social justice, and the social dimensions of economic life. The association was founded as the Catholic Economic Association (CEA) by American Jesuits Thomas Divine and Bernard William Dempsey (1903–1960), who received his PhD in economics from Harvard University in 1940, and was a student of Joseph A. Schumpeter. Dempsey published "Interest and Usury" in 1943. Divine published "Interest, an historical and analytical study in economics and modern ethics" in 1959. The first president was Thomas Divine and the first vice-pr ...
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Learned Society
A learned society (; also learned academy, scholarly society, or academic association) is an organization that exists to promote an discipline (academia), academic discipline, profession, or a group of related disciplines such as the arts and science. Membership may be open to all, may require possession of some qualification, or may be an honour conferred by election. Most learned societies are non-profit organizations, and many are professional associations. Their activities typically include holding regular academic conference, conferences for the presentation and discussion of new research results and publishing or sponsoring academic journals in their discipline. Some also act as Professional association, professional bodies, regulating the activities of their members in the public interest or the collective interest of the membership. History Some of the oldest learned societies are the Académie des Jeux floraux (founded 1323), the Sodalitas Litterarum Vistulana (founded ...
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Social Economics
Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern societies progress, stagnate, or regress because of their local or regional economy, or the global economy. Overview “Socioeconomics” is sometimes used as an umbrella term for various areas of inquiry. The term “social economics” may refer broadly to the "use of economics in the study of society". More narrowly, contemporary practice considers behavioral interactions of individuals and groups through social capital and social "markets" (not excluding, for example, sorting by marriage) and the formation of social norms. In the relation of economics to social values. A distinct supplemental usage describes social economics as "a discipline studying the reciprocal relationship between economic science on the one hand and social philosophy, ethics, and human dignity on the other" to ...
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Allied Social Science Associations
The Allied Social Science Associations (ASSA) is a group of academic and professional organizations that are officially recognized by the American Economic Association (AEA) and are related to the study of social sciences. As of 2007, there are fifty organizations that participate in the annual meetings of the ASSA, including: * Agricultural & Applied Economics Association (AAEA) * American Committee on Asian Economic Studies (ACAES) * American Economic Association (AEA) * American Finance Association (AFA) * African Finance and Economics Association (AFEA) * American Real Estate and Urban Economics Association (AREUEA) * American Society of Hispanic Economists (ASHE) * Association of Christian Economics (ACE) * Association for Comparative Economic Studies (ACES) * Association for Economic and Development Studies on Bangladesh (AEDSB) * Association of Environmental and Resource Economists (AERE) * Association for Evolutionary Economics (AFEE) * Association of Financial Economist ...
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Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowment inco ...
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Joseph A
Joseph is a common male given name, derived from the Hebrew Yosef (יוֹסֵף). "Joseph" is used, along with "Josef", mostly in English, French and partially German languages. This spelling is also found as a variant in the languages of the modern-day Nordic countries. In Portuguese and Spanish, the name is "José". In Arabic, including in the Quran, the name is spelled '' Yūsuf''. In Persian, the name is "Yousef". The name has enjoyed significant popularity in its many forms in numerous countries, and ''Joseph'' was one of the two names, along with ''Robert'', to have remained in the top 10 boys' names list in the US from 1925 to 1972. It is especially common in contemporary Israel, as either "Yossi" or "Yossef", and in Italy, where the name "Giuseppe" was the most common male name in the 20th century. In the first century CE, Joseph was the second most popular male name for Palestine Jews. In the Book of Genesis Joseph is Jacob's eleventh son and Rachel's first son, and k ...
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Edward Chamberlin
Edward Hastings Chamberlin (May 18, 1899 – July 16, 1967) was an American economist. He was born in La Conner, Washington, and died in Cambridge, Massachusetts. Chamberlin studied first at the University of Iowa (where he was influenced by Frank H. Knight), then pursued graduate studies at the University of Michigan, eventually receiving his Ph.D. from Harvard University in 1927. Economics For most of his career Edward Chamberlin taught economics at Harvard (1937–1967). He made significant contributions to microeconomics, particularly on competition theory and consumer choice, and their connection to prices. He coined the term "product differentiation" to describe how a supplier may be able to charge a higher price for a product than perfect competition would allow. Chamberlin's most significant contribution was the Chamberlinian monopolistic competition theory. He published his book ''The Theory of Monopolistic Competition'' in 1933, the same year that Joan Robinson publi ...
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Monopolistic Competition
Monopolistic competition is a type of imperfect competition such that there are many producers competing against each other, but selling products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes. In monopolistic competition, a company takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other companies. If this happens in the presence of a coercive government, monopolistic competition will fall into government-granted monopoly. Unlike perfect competition, the company maintains spare capacity. Models of monopolistic competition are often used to model industries. Textbook examples of industries with market structures similar to monopolistic competition include restaurants, cereals, clothing, shoes, and service industries in large cities. The "founding father" of the theory of monopolistic competition is Edward Hastings Chamberlin, who wrote a pioneering book on the ...
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Chamberlinian Monopolistic Competition
In Chamberlinian monopolistic competition every one of the firms have some monopoly power, but entry drives monopoly profits to zero. The concept gets its name from Edward Chamberlin. One example where Chamberlinian monopolistic competition can be experienced is the book market. A publisher has a factual monopoly over certain titles via intellectual property rights. A book is an experience good and finding perfect legal substitutes on the market while the publisher's rights are in effect is impossible. This however doesn't lead to high monopoly profits on any particular titles while close substitutes are available. A best-seller cookbook for Asian cuisine still competes with other cookbooks about Asian cuisine as well as the whole cookbook genre. Chamberlain's approach to monopoly theory is often compared to Joan Robinson's 1933 book ''The Economics of Imperfect Competition'', where she coined the term " monopsony." Monopsony is used to describe the buyer converse of a selle ...
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