Showing 1 - 10 of 11
This paper surveys some recent developments in contract theory and illustrates how this theory might be useful for … surveying contract theory to identify key economic distortions that can potentially justify government involvement. Next, the …, controversial aspects of real-world agricultural contracts are highlighted and lessons from the theory are used to determine whether …
Persistent link: https://www.econbiz.de/10009398508
Although there has been a policy thrust towards making all Australians more cognisant of the relative scarcity of water resources, the approach adopted for urban dwellers differs markedly from that applied to irrigators. These differences are examined from a property-rights perspective focussing...
Persistent link: https://www.econbiz.de/10009398678
Australian and New Zealand environmental economists have played a significant role in the development of concepts and their application across three fields within their subdiscipline: non-market valuation, institutional economics and bioeconomic modelling. These contributions have been spurred...
Persistent link: https://www.econbiz.de/10009398722
The fundamental theorems of welfare economics are not designed to represent the real world. Instead, they tell us about certain conditions under which general equilibrium will be efficient. This paper introduces a new concept 'biased equilibrium' based on information economics and consolidates...
Persistent link: https://www.econbiz.de/10010669805
that Hegel’s theory of Objective Spirit anticipates many elements of modern approaches in cognitive sciences and of the … recognition in an intersubjective domain. We demonstrate the implications for economic theory in sketching an externalist approach …
Persistent link: https://www.econbiz.de/10010720464
This paper argues that the epistemological and intellectual space of green economics is or should be located where ecological economics, even in its socio-economic perspective, still fails to provide a coherent conceptual framework such that environmental problems could be analysed in a holistic...
Persistent link: https://www.econbiz.de/10008755628
The analysis of the market constitutes perhaps one of the most controversial aspects in the study of economic systems. In fact, such analysis lies at the juncture of significant aspects of economic and social structure: in particular, public action and private initiative, forms of competition,...
Persistent link: https://www.econbiz.de/10005225810
The analysis of the market constitutes perhaps one of the most controversial aspects in the study of economic systems. In fact, such analysis lies at the juncture of significant aspects of economic and social structure: in particular, public action and private initiative, forms of competition,...
Persistent link: https://www.econbiz.de/10008563514
The paper analyzes the objects, concepts and methods of cultural history / histoire culturelle / Kulturgeschichte / kulturnaya istoriya, a modern historical subdiscipline that exists in different national historiographical traditions. This subdiscipline’s objects of study, such as social...
Persistent link: https://www.econbiz.de/10010726948
aspired to this. Two-faced status of history is problematized as a conflict between social theory and historical method when …
Persistent link: https://www.econbiz.de/10011133087