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Persistent link: https://www.econbiz.de/10005345702
This paper explores the question whether boundedly rational agents learn to behave optimally when asked to voluntarily contribute to a public good. The decision process of individuals is described by an Evolutionary Algorithm. We find that the contribution level converges towards the Nash...
Persistent link: https://www.econbiz.de/10005537778
Contrasting architectonics for a theory of public finance -- Property, state and public finance -- State and market : a two-forum societal architecture -- Political entrepreneurship within the ecology of enterprises -- The economic organization of political enterprises -- Revenue extraction :...
Persistent link: https://www.econbiz.de/10012420096
"Taking an innovative look at the origins of economics, this forward-thinking book relocates economics from a materialistic general theory of rational action into an idealistic theory of social organization and individual action. Adding new insightful analytical methods such as complexity...
Persistent link: https://www.econbiz.de/10013537821
"Innovative in its approach, Rethinking Public Choice reviews the concept of public choice since the 1950s post war period and the application of economics to political practices and institutions, as well as its evolution in recent years attracting contributions from political science and...
Persistent link: https://www.econbiz.de/10013462756