共查询到20条相似文献,搜索用时 31 毫秒
1.
In constitutional political economy, the citizens’ constitutional interests determine the social contract that is binding
for the post-constitutional market game. However, following traditional preference subjectivism, it is left open what the
constitutional interests are. Using the example of risk attitudes, we argue that this approach is too parsimonious with regard
to the behavioral foundations to support a calculus of consent. In face of innovative activities with pecuniary and technological
externalities in the post-constitutional phase, the citizens’ constitutional interests vary with their risk preferences. To
determine what kind of social contract is generally agreeable, specific assumptions about risk preferences are needed.
相似文献
Ulrich WittEmail: |
2.
This study examines the impact of a stamp tax rate increase on market behavior, using data from two stock exchanges in China. We find that when the tax rate increases from 0.3 to 0.5% (which implies that the transaction cost increases by about 1/3) trading volume decreases by 1/3. This implies an elasticity of turnover with respect to a stamp tax of −50% and an elasticity of turnover with respect to transaction cost of −100%. The markets’ volatility significantly increases after the increase in the tax rate. Furthermore, the change in the volatility structure indicates that the markets become less efficient in the sense that shocks are less quickly assimilated in the markets.
相似文献
Badi H. Baltagi (Corresponding author)Email: |
Dong LiEmail: |
Qi LiEmail: |
3.
Art Carden 《The Review of Austrian Economics》2009,22(1):1-19
Ludwig von Mises argued that capital goods were “conservative elements” that constrain future production decisions. Similarly,
social capital and institutions also constrain future production decisions. These insights are applied to the institutional
transformation of the post-Reconstruction American South. It is argued that the structure of social capital that developed
in the South was inappropriate to the formal institutions that emerged as a result of the Civil War and Reconstruction. The
tensions between institutions and social capital are examined in the context of racist lynching.
相似文献
Art CardenEmail: |
4.
Inmaculada Carrasco 《International Advances in Economic Research》2007,13(4):454-460
Lately, some questions relating to Corporate social responsibility (CSR) have become relevant. The European Commission defines
CSR as the enterprises’ contribution to sustainable development. In the field of cooperation, there are numerous examples
of enterprises very closely engaged in sustainable development that apply very strict ethical codes to their regular operations.
This work tries to think about: (1) the necessity of taking upon, again, the moral teachings of some fathers of economics
as Adam Smith or Robert Owen, most of which were scorned since the triumph of utilitarianism and rationalism; (2) the slide
of society through post-modern values; and (3) the role of cooperative principles and values in the new cultural environments.
相似文献
Inmaculada CarrascoEmail: |
5.
This paper develops a theoretical framework which can be used to examine policy implications from the learning-by-exporting
hypothesis. This work builds on previous theoretical literature by introducing a credit constraint. When credit is available,
the analysis suggests that supporting a learning sector via an export subsidy is not necessarily advised to improve social
welfare. The learning sector’s goods may be over-produced (relative to another non-tradable sector goods) when consumers can
borrow freely for their consumption. If the learning sector’s goods are over-produced, social welfare will be improved via
a tax on production.
相似文献
Akinori TomoharaEmail: |
6.
The paper investigates the social exclusion process in the European Union (EU), particularly in Luxemburg, addressing both
conceptual and empirical issues. It examines aspects such as: the most appropriate definition of social exclusion for the
case of Luxemburg, the way economic and social disadvantages cumulate within the social exclusion process, and the main determinants
of social exclusion, income poverty and deprivation. To analyze the topics mentioned above, different econometric models have
been applied.
相似文献
Ileana TacheEmail: |
7.
The Social Economics of Globalization 总被引:1,自引:1,他引:0
John P. Tiemstra 《Forum for Social Economics》2007,36(2):143-159
There is general agreement on the moral values that globalization should serve. These are widespread prosperity and economic
growth, ecological sustainability, and cultural diversity. Proponents believe that neoliberal globalization will achieve these
goals, while the critics believe that globalization undermines them. An institutionalist theory that recognizes the reality
of economic power and choice posits that globalization enhances the power of the business sector at the expense of the government
and moral–cultural sectors. Policies for redressing this imbalance are discussed.
相似文献
John P. TiemstraEmail: |
8.
This paper estimates a cointegrated vector autoregressive (VAR) model for UK data on consumer prices, unit labour costs, import prices and real consumption growth. The estimated VAR indicates that the nominal variables are characterised by I(2) trends, and that a linear combination of these processes cointegrate to I(1). This supports an analysis in which I(1) and I(2) restrictions are imposed. A key finding is that an increase in real import prices reduces productivity adjusted real wages, such that the change in domestic inflation is moderated. This may explain why the depreciation of sterling in 1992 left inflation unchanged.
相似文献
Christopher BowdlerEmail: |
9.
In defence of generalized Darwinism 总被引:2,自引:2,他引:0
Howard E. Aldrich Geoffrey M. Hodgson David L. Hull Thorbjørn Knudsen Joel Mokyr Viktor J. Vanberg 《Journal of Evolutionary Economics》2008,18(5):577-596
Darwin himself suggested the idea of generalizing the core Darwinian principles to cover the evolution of social entities.
Also in the nineteenth century, influential social scientists proposed their extension to political society and economic institutions.
Nevertheless, misunderstanding and misrepresentation have hindered the realization of the powerful potential in this longstanding
idea. Some critics confuse generalization with analogy. Others mistakenly presume that generalizing Darwinism necessarily
involves biological reductionism. This essay outlines the types of phenomena to which a generalized Darwinism applies, and
upholds that there is no reason to exclude social or economic entities.
相似文献
Viktor J. VanbergEmail: |
10.
We develop a test for the presence of the monopsony power of the livestock integrator (principal) on the market for contract growers (agents) and estimate the model with the data on swine industry contract settlements. A natural test for the monopsony power of the principal would compare the estimated values of the marginal revenue products with the actual payments that agents receive for their services. The problem with implementing this approach comes from the fact that agents’ abilities and actions are unobservable. Our approach is based on estimating the slope of the inverse supply function for grower input using generalized method of moments (GMM) estimators. The model specifies the relationships between the observable consequences and unobservable grower characteristics imposing the first order conditions for principal’s profit maximization. The results show that the null hypothesis of no market power cannot be rejected.
相似文献
Tomislav Vukina (Corresponding author)Email: |
11.
Andrew Roberts 《Constitutional Political Economy》2009,20(2):99-117
This paper analyzes the causes and consequences of constitutional amendments in Eastern Europe. Its results challenge the
conventional wisdom that constitutional change is a consequence of institutions and that major changes will increase executive
powers and limit rights. It finds that the political and social context rather than institutions is the main cause of amendments.
These amendments moreover tend to reduce the power of executives and strengthen guarantees of human rights. The paper attributes
these results to the particular circumstances of the postcommunist transition.
相似文献
Andrew RobertsEmail: |
12.
Richard H. Day 《Journal of Evolutionary Economics》2008,18(2):261-273
The natures of rational thought and rational lives are described as the basis of an adaptive economizing theory which presents
an alternative microeconomic foundation contrasting with but complementary to optimal control theory for modeling mesoeconomic
order. Contrastingly, that micro foundation seems to imply the inappropriateness of representing macro data as an optimal
economic agent. Rather, direct representation of the emergent causal order in the macroeconomic data is suggested.
相似文献
Richard H. DayEmail: |
13.
This paper is organized as follows: first, we show that the reference to the notion of group selection is coherent with the
other parts of Hayek’s thought. Second, we develop the idea that recent works in terms of the emergence and evolution of social
norms corroborate in part Hayek’s theses in this domain. Finally, we put to the fore some drawbacks in Hayek’s approach and
propose means to solve them.
相似文献
Pierre GarrousteEmail: |
14.
María de-los Ángeles Gil Estallo Fernando Giner de-la Fuente Carles Gríful-Miquela 《International Advances in Economic Research》2007,13(3):379-388
Companies are, in a broad sense, a group of different agents that have a relationship with shareholders, citizens, providers,
and customers. In other words, they are known as stakeholders. Corporate social responsibility may help to establish clear
boundaries among the different interests of the groups described above. In this paper, the authors will describe, analyze,
and formalize the critical responsibility parameters, as well as the variables that shape them. Corporate social responsibility
is proposed as a new management tool and not as a fashionable concept. Furthermore, the advantages and limitations of corporate
social responsibility will be analyzed in order to define a management model for achieving responsibility among organizations.
Finally, the model limitations are presented, both in the verbal and the mathematical formalizations.
相似文献
Carles Gríful-MiquelaEmail: |
15.
The recent period of intensive and extensive development of global economic integration, or globalization, has reached a crossroads.
The regime of the neoliberal Great Capitalist Restoration is not sustainable and fundamental governance changes must be made.
This paper adds perspective to the choices that must be made at this critical juncture of the global social economy by applying
the master concepts of Schumpeter’s Creative Destruction and Polanyi’s Protective Response.
相似文献
James Ronald StanfieldEmail: |
16.
Jianpei Li 《Portuguese Economic Journal》2009,8(2):119-136
This paper analyzes the efficiency of team production when risk-neutral agents exhibit other-regarding preferences. It is
shown that full efficiency can be sustained as an equilibrium of a budget-balancing mechanism that punishes some randomly
chosen agents if output falls short of the efficient level but distributes output equally otherwise. The result depends on
agents being sufficiently inequity-averse.
相似文献
Jianpei LiEmail: |
17.
Thierry Aimar 《The Review of Austrian Economics》2008,21(1):23-43
This article argues for an extension of the Austrian paradigm of the ignorance of actors. The idea that will be defended here
is that actors are not only confronted with their lack of knowledge of the other person but also with their lack of self-knowledge.
From this perspective, the article seeks to understand the implications of this phenomenon in terms of infra-individual coordination
and to account for the mental processes mobilized by the individual mind so as to deal with that self-ignorance.
相似文献
Thierry AimarEmail: |
18.
Paul Knepper 《The Review of Austrian Economics》2007,20(1):25-41
Karl R. Popper proposed that the method of explanation in economics, or situational logic, should become the general model
for analyses across the social sciences. This article makes good Popper's proposal by extending situational logic to a social
problem outside the traditional scope of economics: crime. Specifically, the discussion reviews models developed by economist
Gary S. Becker and criminologist Ronald V. Clarke. Becker's ‘economic approach’ to crime incorporates essential features of
situational logic. Clarke's ‘situational crime prevention’ offers an even better demonstration; it explicitly incorporates
the ideas of piecemeal social engineering and unintended social repercussions. Popper took situational logic from Menger and
the Austrians, making this emerging area of criminology an extension of Austrian economics.
相似文献
Paul KnepperEmail: |
19.
Thiess Buettner 《Empirica》2007,34(4):287-297
This paper provides empirical evidence on regional labor market flexibility in Europe and, in particular, in the EU-accession
countries in Central and Eastern Europe. Whereas substantial regional disparities in unemployment are found for pre-accession
EU member countries as well as for accession countries, an empirical analysis taking account of spatial effects shows that
regional wage flexibility is significantly higher for accession countries. Moreover, unemployment disparities are found to
be less persistent in the accession countries.
相似文献
Thiess BuettnerEmail: |
20.
Ivar Kolstad 《Journal of Evolutionary Economics》2006,16(3):321-336
A model of repeated play of a coordination game, in which stage games have a location in social space and players receive noisy signals of the true location of their games, is reviewed. Sugden (1995) (The coexistence of conventions. J Econ Behav Organ 28:241–256) suggests that, in such a model, there can be a stationary state of convention coexistence only if interaction is non-uniform across social space. This paper shows that an alternative definition of conventions, which links conventions to actions rather than expectations, permits convention coexistence when interaction is uniform. To assess robustness, the concept of a global mutant is introduced, to which certain states of coexistence are robust.
相似文献
Ivar KolstadEmail: Phone: +47-55-574239Fax: +47-55-574166 |