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The Imagined Dichotomy of Accounting versus Economic Income Concepts

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  • Fukui Yoshitaka

    (Aoyama Gakuin University)

Abstract

Human beings tend to see the world through the lens of dichotomous thinking. Accounting researchers are no exception and are particularly partial to the accounting versus economic income dichotomy. Although the authors of the main paper are more nuanced than usual, their arguments are centered around it nonetheless.

Suggested Citation

  • Fukui Yoshitaka, 2011. "The Imagined Dichotomy of Accounting versus Economic Income Concepts," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 1(2), pages 1-15, October.
    • Handle: RePEc:bpj:aelcon:v:1:y:2011:i:2:n:6
    DOI: 10.2202/2152-2820.1041
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    References listed on IDEAS

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    1. Tsunogaya Noriyuki & Okada Hiromasa & Patel Chris, 2011. "The Case for Economic and Accounting Dualism: Towards Reconciling the Japanese Accounting System with the Global Trend of Fair Value Accounting," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 1(2), pages 1-56, October.
    2. Coase, Ronald H., 1990. "Accounting and the theory of the firm," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 3-13, January.
    3. Radner, Roy, 1972. "Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets," Econometrica, Econometric Society, vol. 40(2), pages 289-303, March.
    4. Yuri Biondi, 2005. "The firm as an Entity: Management, Organization, Accounting," Post-Print halshs-00203036, HAL.
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    Cited by:

    1. Saito Shizuki & Fukui Yoshitaka, 2019. "Whither the Concept of Income?," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 9(1), pages 1-16, March.

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