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Emotions were central to the development of economics, especially in utility theory in classical economics. While neoclassical utility theory basically abolished emotions, behavioural economics more recently reintroduced emotions in utility theory. Beyond utility theory, economic theorists use...
Persistent link: https://www.econbiz.de/10011522482
Emotions were central to the development of economics, especially in utility theory in classical economics. While neoclassical utility theory basically abolished emotions, behavioural economics more recently reintroduced emotions in utility theory. Beyond utility theory, economic theorists use...
Persistent link: https://www.econbiz.de/10011499845
outcomes. This paper studies the effects of slavery on black-white wealth inequality upon the emancipation of slaves in the US … using historical data.The purpose of wealth has varied from over time. From an economics perspective, wealth is the …, such that they have an incentive to accumulate material wealth for inter-temporal household consumption and social …
Persistent link: https://www.econbiz.de/10013038303
This paper is focused on the notion of wealth as used by different authors in different periods of time. The paper … deals with the contrast between the notion of wealth shared by all major classical economists, particularly by Adam Smith … subsequently held by Irving Fisher and other Neoclassical economists(whereby the wealth of an individual is brought to centre stage …
Persistent link: https://www.econbiz.de/10005836064
Ökonomische Analyse des Rechts (ÖAR) beschäftigt sich mit den Wirkungen von Rechtsnormen, gerichtlichen Entscheidungen und Verwaltungsakten in der Lebenswirklichkeit. Sie bewertet diese Folgen mit Hilfe des Kriteriums der ökonomischen Effizienz und macht Vorschläge, wie Recht zu gestalten...
Persistent link: https://www.econbiz.de/10010296883
Die Ökonomische Analyse des Rechts umweht in Deutschland immer noch der Hauch des Exotischen. In diesem Beitrag soll begründet werden, warum das ökonomische Entscheidungsmodell ganz hervorragend dazu geeignet ist, die Verhaltensfolgen von Gesetzen zu prognostizieren. Deshalb kann die ÖAR...
Persistent link: https://www.econbiz.de/10010296885
Der vorliegende Beitrag geht der Frage nach, inwiefern die deutschen „Hartz-Reformen“ sowie die Ende 2010 vorgestellten neuen Regelsätze wirtschaftsethisch legitim sind. Orientierung bietet dabei das Modell der integrativen Wirtschaftsethik von Peter Ulrich. Darauf basierend wird außerdem...
Persistent link: https://www.econbiz.de/10010302624
In diesem Beitrag geht es um subjektive Gerechtigkeitsvorstellungen, nicht Gerechtigkeit an sich, da erstere im Gegensatz zu letzterer empirisch feststellbar und handlungswirksam sind. Allerdings müssen ihre Folgen nicht nur gute sein. Gerechtigkeitsvorstellungen können erstens die...
Persistent link: https://www.econbiz.de/10010304508
This paper examines the research area identified by Frey and Gallus (Aggregate Effects of Behavioral Anomalies: A New Research Area, 2014) and the relationship between it and the choices that economists make. It supports the Frey and Gallus view that, as a consequence of individuals employing...
Persistent link: https://www.econbiz.de/10011306666
The paper examines the evolution of the thesis which states that the type of colonization determines, or conditions, the future of societies. Adam Smith already presented this proposition and a typology of colonies. However, it were the German authors Heeren and Roscher, in the 19th century, who...
Persistent link: https://www.econbiz.de/10011372239