Jakob Kapeller- PhD
- Professor at University of Duisburg-Essen
Jakob Kapeller
- PhD
- Professor at University of Duisburg-Essen
About
125
Publications
35,587
Reads
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2,129
Citations
Introduction
“[A] plurality of paradigms in economics and in social sciences in general is not only an obvious fact but also a necessary and desirable phenomenon in a very complex and continually changing subject.“
Kurt W. Rothschild, To push and to be pushed, American Economist, 43, 1999, p. 5
Current institution
Additional affiliations
January 2019 - present
April 2017 - December 2018
Publications
Publications (125)
Roughly 50 years ago, the eminent German philosopher and social scientist Hans Albert presented a critique of ‘Model-Platonism’ in economics to describe essential elements of the ‘neoclassical style of economic reasoning’. Specifically, Albert advanced a series of epistemological arguments to illustrate conceptual shortcomings in neoclassical theor...
We applaud the effort of Schubert and Cordes (2013, this journal) to contribute a model describing the social mediation of preferences and to apply their results to the more general context of economic welfare. Although we consider this topic to be of utmost importance and interest, we have found a problem in Schubert and Cordes’ argument that rend...
This paper provides an introduction to the Minsky-Veblen Cycles as a specific example of pluralist economic thinking in the context of the recent global economic crisis. It illustrates how pluralism can be applied to economic research. Specifically, the Minsky-Veblen Cycles combine three elements of institutional and post-Keynesian thought to expla...
This paper discusses the role of mathematics as a conversational tool in economics. Based on the observation that mathematics is understood as an alternative language to express theoretical concepts and ideas, this paper reports experimental results trying to estimate the potential effects such a use of mathematics as a conversational tool may carr...
Ausgehend von der Einsicht, dass die Forderung nach Demokratie im Kontext privaten Konsums sowohl als Appell zu größerer individueller Wahlfreiheit als auch als Ausgangspunkt gemeinschaftlicher Regulierungsinitiativen verstanden werden kann, versucht der vorliegende Beitrag zu demonstrieren, dass nachhaltiger Konsum am ehesten über eine höhere Regu...
Pluralism is a key term in the current discourse in heterodox economics, emphasizing the need for greater theoretical integration and institutional cooperation of different economic traditions. However, both the nature of pluralism and the concrete role ascribed to pluralist thinking for the development of economics have been somewhat contested, po...
Der Begriff der " Solidarität " bleibt, sowohl in wissenschaftlichen Auseinandersetzungen als auch in der praktisch-politischen Verwendung, zumeist diffus und weitgehend unbestimmt. Insofern stellt sich die Frage, inwiefern ein unscharfes Konzept wie jenes der Solidarität als normativer Bezugspunkt individuellen Handelns oder politischer Entscheidu...
Implementing rules as a means of governance represents the attempt to replace fundamental uncertainty with regulatory uncertainty and thereby coordinate the conduct of different actors. One type of regulatory uncertainty is related to the ambiguities inherent in any rule, which, at least partially thwart the attempt to reduce uncertainty. Looking a...
While many heterodox economic scholars hope for a paradigmatic change in economics due to the great financial crisis, this paper emphasizes that path-dependent elements and institutional factors within the economic community constitute a substantial barrier for paradigmatic change. Focusing on the citation behavior of economists in heterodox journa...
Ausgehend von der Einsicht, dass die Forderung nach Demokratie
im Kontext privaten Konsums sowohl als Appell zu größerer Wahlfreiheit
als auch als Ausgangspunkt einer gemeinschaftlichen Regulierungsinitiative
verstanden werden kann, versucht der vorliegende
Beitrag die Sinnhaftigkeit einer höheren Regulierungsintensität
zu demonstrieren. Hierfür we...
In this paper we show that a rational consumer choice along the lines traditionally suggested might lead to paradoxical results if one considers multidimensional goods, which incorporate a series of incommensurable aspects. Thereby, we explore the similarity between the resulting paradox and Kenneth Arrow’s well known Impossibility Theorem. Based o...
Das "grundlegende Problem der Gegenwart" ist Colin Crouchs (2008) Buch "Postdemokratie" zu Folge die "Macht der Wirtschaftseliten". Eine Macht, die sich auf vielfältigste Weise manifestiert: als Verhandlungsmacht transnationaler Konzerne gegenüber Regierungen wenn es um Verlagerung von Produktionsstandorten geht; als Expertenmacht wirtschaftsnaher...
The basic academic education in economic thinking is dominated by very simplified models of firms and individuals in the market. The theory of firm, which is the fundamental model of neoclassical microeconomics, therefore has great influence on the way people think about economic processes. The following paper elaborates logical inconsistencies of...
A bstract
This article reviews strategic suggestions for heterodox economic journals and heterodox economists relating to quantitative indexing. It contains a critique of Thomson Scientifics “Journal Impact Factor” as well as an integrated discussion of general strategic guidelines and specific strategic suggestions accounting for the special parad...
This article investigates citations metrics as an institutional phenomenon from two perspectives: first it tries to articulate the role of citation metrics within a Gramscian framework; second it compares citation patterns from orthodox and heterodox economic journals to gain insights on the current economic discourse. Complementary to this general...
While the current financial crisis had an overwhelming impact on the global economy, its effect on economics as an academic discipline has been negligible. This paper explores the relationship between the financial crisis, mainstream economic theory and the education of economists. In a nutshell it shows that (a) current economic education leaves s...
This article surveys some arguments brought forward in defense of the theory of perfect competition. While some critics propose that the theory of perfect competition, and thus also the theory of the firm, are logically flawed, (mainstream) economists defend their most popular textbook model by a series of apparently different arguments. Here it is...
While the current financial crisis had an overwhelming impact on the global economy, its effect on economics as an academic discipline has been negligible. This paper explores the relationship between the financial crisis, mainstream economic theory and the education of economists. In a nutshell it shows that (a) current economic education leaves s...
Addressing the question why Economics as a discipline is not subject to evolutive processes itself, we explain the paradigmatical dominance of neoclassical theories in Economics as a path dependent process. Recognizing economics as "locked into neoclassical thinking," we first identify three positive feedback mechanisms leading to strong barriers t...
First paragraph
Mit dem Ausbruch der größten Wirtschaftskrise seit den 1930er Jahren sehen manche, insbesondere heterodoxe Ökonominnen und Ökonomen, auch bereits das Ende der neoklassischen Vorherrschaft im Bereich ökonomischer Forschung und Lehre dräuen. Wie schon vor 1930 hat die herrschende volkswirtschaftliche Lehre die Krise nicht nur nicht vo...
The aim of this article is to analyze the impact of neoliberal thinking on the political objectives of Social Democratic parties in four European countries (Austria, Germany, Switzerland and Great Britain). With regard to the research question postulated, the analysis of the respective parties' manifestos seems to provide an opportunity for insight...
