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valuesdriven identities: individualism (focused on status concerns), communitarianism (focused on the benefits of social …
Persistent link: https://www.econbiz.de/10012120280
involved. This seems to contradict normative individualism, which provides the general orientation to our modern democracies … actions, there is no longer a necessary contradiction between paternalism and normative individualism. As far as we know today …
Persistent link: https://www.econbiz.de/10010256131
Persistent link: https://www.econbiz.de/10003498754
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012418453
flexible technology allowing for such option. Investment is irreversible and flexibility is costly. The problem is solved …. -- factor proportions ; technological choice ; flexibility ; real options ; alternative energy source …
Persistent link: https://www.econbiz.de/10003872196
flexibility? to identify the optimal means of innovating to meet the given environmental objective. Thus, it can be argued that … database of patent applications from a cross-section of countries evidence is provided for the positive effect of flexibility … aspects of product and labour market regulation which have implications for technological innovation, such as product and …
Persistent link: https://www.econbiz.de/10003850134
excessive (greater than first-best) R&D investment and output growth. -- legal system ; commitment ; flexibility ; innovation …
Persistent link: https://www.econbiz.de/10009153886
In a Case Law regime Courts have more flexibility than in a Statute Law regime. Since Statutes are inevitably … most economic decisions are already taken. Therefore, the advantage of flexibility for Case Law is unavoidably paired with … pairs the lack of flexibility with the ability to commit in advance to a given (forward looking) rule. This solves the time …
Persistent link: https://www.econbiz.de/10003748330
Persistent link: https://www.econbiz.de/10003499570
The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for … extent the conclusions of some studies change if some alternative indicator for the tax burden on labour is employed. We … indicator for the tax burden on labour is also shown to affect the conclusions of some well-known empirical models. …
Persistent link: https://www.econbiz.de/10011507980