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Hayek and Buchanan endorsed Böhm's "private law society" as expressive of the ideal of a government of laws, and not of men . But they also acknowledged that among the many, the enforceability of legal custom, adjudication, and legislation must be politically guaranteed by a state. Due to...
Persistent link: https://www.econbiz.de/10015108124
According to common wisdom, collective and in particular democratic decision-making attenuates the shadow of the future. The authors illustrate collective ways of extending time horizons that are inaccessible for individuals. They propose a coalitional structure (specifically an age distribution...
Persistent link: https://www.econbiz.de/10005693473
Persistent link: https://www.econbiz.de/10005693772
Conflit et coopération sociaux sont le plus souvent conçus en termes de jeux simples, non répétés, effectués deux par deux, symétriques et simultanés tels que le dilemme du prisonnier, 'chicken', assurance ou 'stag hunt'. Il nous semble qu'un tel ensemble d'exemples donne une optique...
Persistent link: https://www.econbiz.de/10005217553