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Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution... The potential for improving the lives of poor people by finding different ways of distributing current...
Persistent link: https://www.econbiz.de/10005599308
Südafrika und Afrikas jüngster Staat Namibia bilden auch heute - knapp ein Jahr nach der politischen Trennung - noch ein wirtschaftlich eng miteinander verflochtenes und - aus der Sicht Namibias - von der Situation des ehemaligen Partners stark beeinflußtes Staatenpaar, das zudem in sehr...
Persistent link: https://www.econbiz.de/10005055810
The aim of this paper is to determine which country-specific characteristics promote and which impede the adoption of institutions. On the basis of a broad panel of 183 countries for the period between 1996 and 2010, we test whether there are tendencies towards a general improvement and towards...
Persistent link: https://www.econbiz.de/10010984522
Persistent link: https://www.econbiz.de/10005633781
young people and the lowskilled. Thirdly, more freedom in foreign trade and payments is likely to improve the employment …
Persistent link: https://www.econbiz.de/10010732113
behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that … would permit the integration of the decision-making processes of voters, parties and governments with those of consumers and …
Persistent link: https://www.econbiz.de/10005605269
Social choice theory is concerned with the evaluation of alternative methods of collective decision-making, as well as … Suzumura, presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics. This paper … volumes in better perspective, discussing the historical background of social choice theory, the vistas opened by Arrow …
Persistent link: https://www.econbiz.de/10005609392
the more recent domains of happiness economics, the comparative approach by Amartya Sen, and the theory of fair allocation …
Persistent link: https://www.econbiz.de/10010821112
The paper tries to clarify the status of the market in Social Choice and Individual Values. It shows how Arrow at first intended to propose a third theorem of welfare economics (Feldman [1991]), which would show that the market achieves not only Pareto-optimality, but also equitable social...
Persistent link: https://www.econbiz.de/10010787025
is regarded as a problem of interaction between individuals; (lacking) structural change or the (missing) integration of …) Strukturwandel oder die (Nicht-)Integration von Ex-ternalitäten werden daher als Koordinations- und nicht als Allokationsprobleme …
Persistent link: https://www.econbiz.de/10008526818