Showing 1 - 10 of 136
innovation' is often of organizational nature, deeply embedded in institutions that adapt very slowly, making 'societal …
Persistent link: https://www.econbiz.de/10010635123
are focusing the institutional efficiency and institutions as regulating organisms. After presenting the theoretic …
Persistent link: https://www.econbiz.de/10010936652
des réformes économiques et de la transition. Cependant, si la longueur du processus peut s'expliquer par la difficulté …
Persistent link: https://www.econbiz.de/10010930165
French liberal economists share a very surprising reading of Bentham's theory. In this paper, we underline the method according to which these French liberal economists in the nineteenth century economists understand Bentham's utilitarianism: they consider that utilitarianism deals with...
Persistent link: https://www.econbiz.de/10009367989
This article explains the level of economic freedom in Muslim countries through the theory of institutional path dependency. Islamic countries are generally not free and they have a poor record regarding property rights. To explain these realities we use the institutional history of Muslim...
Persistent link: https://www.econbiz.de/10010605326
This paper argues that mainstream economic the- ory, far from providing an indisputable plea in favor of shareholder value-maximization, o ers striking arguments showing quite the opposite: pro t maximization cannot be a legitimate prioritar- ian goal for private rms. This opens the door for a...
Persistent link: https://www.econbiz.de/10009207103
positively influences the willingness of elite groups to invest in property rights institutions, thus providing an economic …
Persistent link: https://www.econbiz.de/10010738862
In The Myth of Ownership - Taxes and Justice, Liam Murphy and Thomas Nagel (2002) launch an attack against a straw man, the economist who believes that taxation should minimally interfere with property rights and should seek to preserve the market distribution of wealth and income. Instead they...
Persistent link: https://www.econbiz.de/10010821442
La privatisation est au cœur des réformes structurelles pour les économies en transition. En théorie son principal …, l'adoption des institutions formelles de marché devrait suffire à sécuriser les nouveaux droits de propriété. Cette … considération de l'environnement antérieur et des institutions formelles et informelles. Il offre une explication quant aux effets …
Persistent link: https://www.econbiz.de/10008793227
The extraordinary influence of The Problem of Social Cost" is now well acknowledged. Beyond the official recognition coming with the award of the Alfred Nobel Memorial Prize in Economic Sciences as well as the myriad citations, what may matter most, as emphasized by Mary Shirley (2013), is that...
Persistent link: https://www.econbiz.de/10011025618