Online ISSN 2286-0266
Print ISSN 1223-0685
Copyright © 2015
Œconomica by SOREC
 
Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti

Condiţia umană este deopotrivă economică, după cum este şi spirituală, sexuală sau politică. Bunăoară, şi un ateu bisexual comunist munceşte pentru hrană, straie şi adăpost. Problema economică e umbra alegerii înseşi, care implică în lumea rarităţii: şi preferinţă, şi renunţare; şi satisfacţie, şi sacrificiu; şi beneficiu, şi cost. Felul în care în societatea modernă se acţionează în momentele critice ale contactului contondent cu realitatea rarităţii resurselor, raţională, relaţională, rivală este purtător de consecinţe, fie că astâmpăr este căutat pentru nevoile trupului sau pentru ale spiritului. Antrenamentul pentru realitate (de pildă, capitalistă) poate fi şi imaginaţia bine ticluită (de pildă, culturală).


ŒCONOMICA nr. 3/2015
CAPITAL: VALUE AND VALUES [CAPITAL: VALOARE ŞI VALORI]
Silviu CERNA
Universitatea de Vest din Timişoara
Although Romanian authorities said they aim to establish free market economy, many officials and opinion makers and, unfortunately, quite a few economists do not seem to know very well even now – a quarter of a century since the fall of communism – what this type of economy is and how it works. The analysis of the features of this economic and social system is therefore useful.

ŒCONOMICA no. 3/2015
Keywords: capitalism, communism, systemic transformation, transition
JEL: P10, P20
Capitalism [Capitalismul]
Mihai CONSTANTIN
Institutul de Filosofie, Academia Română
The path of nowadays society brings to our attention a subject of global concern, more specifically, a new method of human dissolution. Using statistical analysis, we now know that the individual is enslaved by cravings and excessive desire to consume, and this state of affairs led to the disappearance of the transcendent sense. Thus, he falls forever captive to a set of pleasures.

ŒCONOMICA no. 3/2015
Keywords: regulation, consumerism, loss of freedom, anthropological analysis
JEL: A13
Consumerism and the Culture of Late Modernity. A Theological Interpretation [Consumerismul şi cultura modernităţii târzii. O interpretare teologică]
Gabriel BOBEICĂ
Academia de Studii Economice din Bucureşti

This research presents a dynamic IS-LM model with evolutionary expectations. Agents in the model are presumed to be heterogeneous, their expectations consisting in a population of chromosomes subjected to a genetic algorithm process replicating imitation and perpetuation of success strategies, exchange of information and experimentation. Simulations were conducted based on this model.


ŒCONOMICA no. 3/2015
Keywords: expectations formation, non-rational expectations, genetic algorithm, regime switching
JEL: C63, D84, E17
The Convergence of Evolutionary Expectations in a Dynamic IS-LM Model
Oana Maria STEPAN
Universitatea din Craiova
In this study, we aimed to present the macroeconomic context in which structural funds are absorbed and used efficiently. The authors focus to highlight to correlation between structural funds and the influences arising from the way they reacted to the main monetary and economic variables, such as Romania’s various shocks hapened between 2002 and 2013.

ŒCONOMICA no. 3/2015
Keywords: projects financed from EU funds, absorption rate, financing the economic growth, EU structural funds
JEL: E32, F43
The Analysis of the EU Funds Financing Capacity Correlated with the Main Macroeconomic Indices, in Romania [Analiza capacităţii de finanţare a fondurilor europene în corelaţie cu principalii indicatori macroeconomici, în România]
Florin Dan PIELEANU
Academia de Studii Economice din Bucureşti
Risk and return always represented high-concern notions, both for theoreticians and practitioners in the financial area. Trying to quantify them in different scenarios (single assets, asset portfolios etc.) was a long time pursuit, because knowing them (even in an approximate manner) offers a certain benchmark, a certain sense of safety in a quite dark terrain.

ŒCONOMICA no. 3/2015
Keywords: return, risk, assets, portfolio, choices
JEL: F30, G11
Quantifying Risk and Return in Different Scenarios [Cuantificarea rentabilităţii şi riscului activelor în diverse scenarii]
Emil DINGA
Academia Română
The paper discusses some issues regarding the irrationality as an inherent ingredient of any effective (real) rationality model, and, consequently, of any decision or action. To this end the ways (channels) through which the irrationality occurs are examined, establishing three categories of possible irrationality: α-irrationality, β-irrationality, and γ-irrationality (containing a sub-category called γ^\'-irrationality).

ŒCONOMICA no. 3/2015
Keywords: irrationality, rationality, q-rationality, para-rationality, rationality model
JEL: B41, C00, E17
Q-Rationality [Q-Raţionalitatea]