Making scarcity -- Jean-Laurent Rosenthal: scarcity, language and politics -- Lyla Metha and Amber Huff: untangling scarcity -- Rick Wilk: rethinking the relationships between scarcity, poverty and hunger: an anthropological perspective -- Neil Fromer: renewable energy: a story of abundance and...

"Welfare for everyone", according to former chancellor and economics minister Ludwig Erhard, has been the credo of Germany's economic and social policy for the past 60 years. However, Germany is increasingly failing to achieve this objective. Germany is a country of enormous inequality - income,...

"Welfare for everyone", according to former chancellor and economics minister Ludwig Erhard, has been the credo of Germany’s economic and social policy for the past 60 years. However, Germany is increasingly failing to achieve this objective. Germany is a country of enormous inequality -...

Regional disparities within the European Union have always been perceived as an impediment to monetary integration. This is why discussions on a joint currency, from their very beginning, were linked to compensatory payments in the form of regional policy payments. Structural assistance to poor...

"Are mass violence and catastrophes the only forces that can seriously decrease economic inequality? To judge by thousands of years of history, the answer is yes. Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully....

Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...

Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...

Using panel data and GMM estimators we find that conflict and less developed countries (LDCs) natural resources have a positive and significant impact on GDP in the developed countries (DCs), while the lagged value of the conflict coefficient has a negative and significant impact on GDP in the...

This article experimentally examines voluntary contributions when group members' marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...

This article experimentally examines voluntary contributions when group members' marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...

Following the notion of skill-biased FDI flows from developed to less developed regions, high-skilled workers are likely to benefit from FDI to a larger extent. They earn a productivity advantage that potentially transfers into a skilled wage premium. This gives rise to distributional conflict...

Die Problematik der Ungewissheit hat sich zu einem zentralen theoretischen Ausgangspunkt wirtschaftssoziologischer Forschung entwickelt. Das Papier diskutiert die Frage, inwieweit Ungewissheit tatsächlich als paradigmatischer Ansatzpunkt zur Untersuchung wirtschaftlicher Phänomene aus...

This paper aims at better understanding the inefficiency due to distributional conflicts, which are inherent in every market economy. To this end, we set up a simple general equilibrium model with the following characteristics: two groups of agents (capitalists and workers), an endogenous income...

Institutions - the structures of rules and norms governing economic transactions - are widely assigned a central role in economic development. Yet economic history is still dominated by the belief that institutions arise and survive because they are economically efficient. This paper shows that...

We study how norms can solve distributional conflict inside a clan and the efficient coordination of collective action in a conflict with an external enemy.We characterize a fully non-cooperative equilibrium in a finite game in which a self-enforcing norm coordinates the members on efficient...