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Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human...
Persistent link: https://www.econbiz.de/10010263275
Under the present civil Sudanese conditions, the country endures many hardships which are manifested in economic retraction, inflation, recession and stagflation. However, those are not the sole reasons for the sporadic conflicts that infest the people. Illegitimate property and economic...
Persistent link: https://www.econbiz.de/10015227539
The commonwealth cannot be equated with the state nor can the common good of society be sustained by government action alone. Rather, the activities of all members of society are crucial importance. Such private sector activities also define the development of national healthcare markets in the...
Persistent link: https://www.econbiz.de/10015233138
New-classical paradigm public goods theory holds that the Non-excludability and Non-rivalry are the objective attributes of public goods. However, in reality, it is difficult to find a good which is strictly Non-excludability and Non-rivalry. Trading paradigm theory holds that the...
Persistent link: https://www.econbiz.de/10015265994
The article is devoted to the problem of improving the governance of publication systems, within which the actors that produce scientific publications, supply them to readers, as well as funding and coordinating the processes of their production and supply interact. It is emphasized that the...
Persistent link: https://www.econbiz.de/10015270062
With the increase of the linear reduction factor (LRF), the implementation of the market stability reserve (MSR) and the introduction of the cancellation mechanism (CM), the EU ETS changed fundamentally. We develop a discrete time model of the intertemporal allowance market that accurately...
Persistent link: https://www.econbiz.de/10012099494
We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are the correlations between experimental choices with indicators regarding the security of property, trust and the quality of...
Persistent link: https://www.econbiz.de/10010322614
The emergence of Pay-What-You-Want (PWYW) business models as a successful alternative to conventional uniform pricing brings up new questions related to the task of pricing. We investigate the eect of a reduction of privacy on consumers' purchase decisions (whether to buy, and if so how much to...
Persistent link: https://www.econbiz.de/10010323896
We study a laboratory social dilemma game in which incentives to steal from others lead to the socially inefficient diversion of resources from production unless the members of a given mini-society can abide by norms of non-theft or engage in low cost collective protection of their members'...
Persistent link: https://www.econbiz.de/10011669324
We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...
Persistent link: https://www.econbiz.de/10010420268