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This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
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(uncommon clauses and lesion), or the occurrence, throughout the performance of the contract, of certain events that make such … the manner in which the Romanian legislator envisaged, through flexible legal provision, the rebalancing of a contract …
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plans, or credit agreements. Sophisticated parties, however, adapt and modify their obligations during contract performance … from standardized contract terms during performance. When the same standard terms create value for sophisticated … determine the exercise of contract rights. This Article argues that lawmakers should gather information about inequalities in …
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This paper explores the relationship between a large government cash transfer programme, changes in inequality, and political participation in Mexico. The results show that increases in the coverage of the programme during the 2008 financial crisis resulted in greater individual participation in...
Persistent link: https://www.econbiz.de/10011568213
One cannot doubt the ubiquitous lack of hope and confidence in the so-called democratic institutions by the large majority of people. The fundamental reason thereof is the blatant contradiction between the principle of democracy, promoting the rule of law and thereby the welfare of people, and...
Persistent link: https://www.econbiz.de/10011588170
We introduce a model of polarization in networks as a unifying setting for the measurement of polarization that covers a wide range of applications. We consider a substantially general setup for this purpose: node- and edge-weighted, undirected, and connected networks. We generalize the...
Persistent link: https://www.econbiz.de/10012828341
Many societies today are experiencing growing inequality in terms of wealth, income, health, education, resources or opportunities, trends that have negative effects upon well-being, trust, and motivation. We investigated whether inequalities –– particularly those perceived as fair ––...
Persistent link: https://www.econbiz.de/10012872244