Drawing on the three key relations in the capabilities approach (Sen, 1985) to welfare economics and using panel data from the English Longitudinal Survey of Aging, this paper illustrates how the capabilities approach to welfare economics can be used to understand wellbeing in older age....

This paper outlines a multisector dynamic model of the convergence of market prices to natural prices in conditions of fixed technology and composition of demand. Prices and quantities adjust in real-time in response to excess supplies and differential profit-rates. Finance capitalists earn...

This paper describes a nonlinear dynamic model of the convergence of market prices to natural prices in a multisector 'simple production' economy under conditions of a constant technique and composition of demand. Prices and quantities adjust in real time according to the classical principle of...

Across the EU, social care policies are being reformed in order to allow those needingcare more 'choice' among care providers and flexibility with respect to how and where care is provided. Some argue this is the key factor underlying welfare state changes. Jenson and Sineau for example,...

The purpose of this paper is to explore the determinants of innovative capabilities in Turkish SMEs, with a particular emphasis on the impact of recent changes in science and technology policy. Two different analyses are conducted in order to evaluate both the decision to innovate and the...

This paper estimates total individual costs of domestic violence. It draws on a cross-section survey that includes data on self-reported victimization variables, individual income and a self-reported life satisfaction variable. Using a life satisfaction approach, it estimates the variation in...

The contribution to the social theory of consumption of the late Pierre Bourdieu has been widely recognized, but not fully absorbed by the economics discipline. To address this lacuna, an agent-based model of Bourdieu's social theory is developed by extending Axelrod's cultural diffusion model....

This paper builds on the author's earlier work (1991, 1994, 1997a), which examines issues of agency in the Moral Sentiments and Wealth of Nations, by arguing that the emphasis, in debates about the so-called 'Adam Smith problem', on construing questions about human nature in terms of 'motives to...

This paper analyses the impact of a set of gender-role attitudes on the labour market situation of women with and without young children. These attitudes are used as a proxy for stated preferences. Our study covers 23 European countries, using an original up-to-date micro data-set, the European...