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Persistent link: https://www.econbiz.de/10012307494
Hanoch Dagan critiques Radical Markets for insufficient attention to the value of autonomy. While most of his concrete disagreements result from miscommunications, he appears sympathetic to a theory of autonomy, which is more widespread and deserves response. Human agency is fundamentally...
Persistent link: https://www.econbiz.de/10014109251
We propose a design for philanthropic or publicly-funded seeding to allow (near) optimal provision of a decentralized, self-organizing ecosystem of public goods. The concept extends ideas from Quadratic Voting to a funding mechanism for endogenous community formation. Citizens make public goods...
Persistent link: https://www.econbiz.de/10012911783
Eric Posner and Glen Weyl's Radical Markets is dedicated to Vickrey and opens with a preface titled “The Auction Will Set You Free.” Vickrey's ideas offer a middle ground, according to Posner and Weyl, between the Right's view that markets must be “strengthened, expanded and purified”...
Persistent link: https://www.econbiz.de/10012829691
Persistent link: https://www.econbiz.de/10012125947
The original motivations of antitrust suggest an alternative remedy for market power: changes to corporate governance to include stakeholders who are subject to this power. In contrast to structural and behavioral remedies, “stakeholder remedies,” as we call them, have several desirable...
Persistent link: https://www.econbiz.de/10014098185