Showing 1 - 10 of 99
In his Idea of Justice, Amartya Sen compares the two basic approaches to evaluate institutions, transcendental institutionalism and realization-focused comparisons. Referring to Smith's Impartial Spectator, he argues in favour of the latter and proposes the principle of Open Impartiality....
Persistent link: https://www.econbiz.de/10010957476
Building on a new model of institutions proposed by Aoki and the systemic approach to economic civilizations outlined by Kuran, this paper attempts an analysis of the cultural foundations of recent Chinese economic development. I argue that the cultural impact needs to be conceived as a creative...
Persistent link: https://www.econbiz.de/10009370744
Persistent link: https://www.econbiz.de/10004613114
Persistent link: https://www.econbiz.de/10004685610
There is ample evidence for a “democracy premium”. Laws that have been implemented via election lead to a more cooperative behavior compared to a top-down approach. This has been observed using field data and laboratory experiments. We present evidence from Chinese students and workers who...
Persistent link: https://www.econbiz.de/10010895183
The aim of the paper is to explicitly disentangle the role of political and cultural boundaries as factors of fragmentation of economies within large countries. On the one hand, local protectionism plays a substantial role in many federations and decentralized states. On the other hand, if the...
Persistent link: https://www.econbiz.de/10010778535
This paper explores the implications of the recent revival of Hegel studies for the philosophy of economics. We argue that Hegel’s theory of Objective Spirit anticipates many elements of modern approaches in cognitive sciences and of the philosophy of mind, which adopt an externalist...
Persistent link: https://www.econbiz.de/10010993507
In his <italic>Idea of Justice</italic>, Amartya Sen compares the two basic approaches to evaluating institutions, <italic>transcendental institutionalism</italic> and <italic>realization-focused comparisons</italic>. Referring to Adam Smith's <italic>Impartial Spectator</italic>, he argues in favor of the latter and proposes the principle of open impartiality....
Persistent link: https://www.econbiz.de/10010974733