The question of how to properly model production systems with unintended outputs has proven both controversial and of particular interest to the productivity and efficiency community. The paper explains why some of the arguments put forward in these controversies are hardly convincing for...

In an economy with imperfect labor contracts, differences in the distribution of talent can be an independent source of comparative advantage. I study a world economy with two activities, one in which an individual's contribution to production can be measured accurately and another in which...

Patterns of informal care are documented throughout the day with Dutch time use diary data. The diary data enable us to identify a, so far overlooked, source of opportunity costs of informal care, i.e. the necessity to perform particular tasks of informal care at specific moments of the day....

In this paper, we discuss the relationship between responsibility and joint production. Responsibility mirrors our ability to act freely. We can act freely only if we can assume responsibility for our actions and their consequences; the limits of our responsibility are therefore also the limits...

Die modernen Umweltprobleme sind Folgen des menschlichen Handelns. Sie werfen nicht nur die Frage auf, wer für diese Probleme die Verantwortung trägt. In ihrer Komplexität machen es diese Umweltprobleme vielmehr fraglich, ob wir für unsere Eingriffe in die Natur Verantwortung überhaupt...

In den letzten drei Jahrhunderten ist die Wirtschaft in vielen Ländern - langfristig gesehen - dauernd gewachsen. Materieller Mangel ist in den entwickelten Ländern weitgehend verschwunden. Für die Erkenntnis der Leistungsfähigkeit der Marktwirtschaft wie der Defizite der sozialistischen...

This paper uses input-output data from Supply and Use Tables for the year 2010 and provides empirical estimations of the static demand multipliers in a joint production framework for two representative Southern Eurozone economies, i.e., Greece and Spain, and for the Eurozone economy as a whole....

The generation of unintended residuals in the production of intended outputs is the key factor behind our serious problems with pollution. The way this joint production is modelled is therefore of crucial importance for our understanding and empirical efforts to change economic activities in...

Individual terrorist are frequently behaving seemingly absurd, e.g. by carrying out suicide operations, while activities of the terrorist organisations as a whole often seem to be conducted in a very effective way. These facts caused many researchers to regard the leaders representing the...

MINE - Mapping the Interplay between Nature and Economy is a digital archive and visual map showing the intersection between nature and economy. By focusing on the interconnections between fundamental concepts e.g. of time, thermodynamics, evolution, responsibility and justice, a new concept of...