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Groups and Markets : General Equilibrium with Multi-member Households

Gersbach, Hans - 2017

Haller and Hans Gersbach have pioneered a ‘market’ approach that applies the tools of general equilibrium theory to the … presented in this book extends the theory of the multi-person household along an important but relatively neglected dimension …, that of general equilibrium theory. It also challenges GE theorists themselves to follow Paul Samuelson in taking seriously …

Persistent link: https://www.econbiz.de/10012397186

Designing Democracy : Ideas for Better Rules

Gersbach, Hans (contributor) - 2005

This book presents a number of ideas for drawing up new rules to improve the functioning of democracies. The first part examines ways of combining incentive contracts with democratic elections. Such a judicious combination can alleviate a wide range of political failures without impairing the...

Persistent link: https://www.econbiz.de/10013520466

Enough liquidity with enough capital : and vice versa?

Gersbach, Hans; Haller, Hans; Zelzner, Sebastian - 2024

Persistent link: https://www.econbiz.de/10014533400

Bridling the successor : optimal catenarian discipline

Gersbach, Hans; Gul, Faruk - 2024

Motivated by insufficient fiscal discipline in democracy, we introduce and examine “Catenarian Discipline Rules”. An office-holder decides in each period whether to use available resources for his/her own personal consumption or for providing public goods for the population. In the unique...

Persistent link: https://www.econbiz.de/10014456455