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Market failure vs. system failure as a rationale for EU regional policy? : a critique from an evolutionary economic perspective

Schmidt, Peter - 2015 - Draft

alternative evolutionary explanation of EU regional policy which is able to overcome the theory-immanent contradiction of the …

Persistent link: https://www.econbiz.de/10011479448

The evolutionary stability of moral objections to free riding

Güth, Werner; Nitsan, Shemuʾel - 1995

Persistent link: https://www.econbiz.de/10000931728

Complexity : a review of the classics

Furtado, Bernardo Alves; Sakowski, Patrícia Alessandra … - 2015

This text was written as part of the project Modelling of Complex Systems for Public Policy. It reviews the classical authors who jointly contributed to establish the elements of what could constitute a "science of complexity". Based on the original writings of these authors, the text discusses...

Persistent link: https://www.econbiz.de/10012057058

Towards a theory and policy of eco-innovation : neoclassical and (co-)evolutionary perspectives

Rennings, Klaus - 1998

approaches have their merits and limits concerning a theory and policy of ecoinnovation. Neoclassical methods are most elaborated … question is if innovations toward sustainability can be treated like normal innovations or if a specific theory and policy are … social and institutional innovation in both eco-innovation theory and policy. …

Persistent link: https://www.econbiz.de/10013428160

EU regional policy : its theoretical foundations and their policy conclusions revisited

Schmidt, Peter - 2014 - Draft

This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...

Persistent link: https://www.econbiz.de/10011487099

Motivated political reasoning: the formation of belief-value constellations

Barron, Kai; Becker, Anna; Huck, Steffen - 2021

We study the causal relationship between moral values ("ought" statements) and factual beliefs ("is" statements) and show that, contrary to predictions of orthodox Bayesian models, values exert an influence on beliefs. This effect is mediated by prior political leanings and, thus, contributes to...

Persistent link: https://www.econbiz.de/10012793076

Leaping into the dark : a theory of policy gambles

Anand, Kartik; Gai, Prasanna; König, Philipp Johann - 2020

Why do politicians sometimes pursue policies with uncertain outcomes? We present a model in which politicians are unable to pre-commit to a status quo policy, and where investors and voters face a conflict over the division of output. Politicians may deviate from the status quo and pursue risky...

Persistent link: https://www.econbiz.de/10012173547

Elite structure and the provision of health-promoting public goods

Krieger, Tommy - 2020

We compile biographical information on more than 5,000 Prussian politicians and exploit newly digitized administrative data to examine whether landowning and landless elites differ in the extent to which they support health infrastructure projects. Using exogenous variation in soil texture, we...

Persistent link: https://www.econbiz.de/10012314808

Judicial attitudes under shifting jurisprudence : evidence from Brazil's new drug law of 2006

Castro, Alexandre Samy de - 2021

This paper exploits the diversity of panels at the court of appeals in the state of São Paulo to address the role of career backgrounds and ideology in shaping the response of judicial decisions to a major shift in jurisprudence on drug offenses. The Brazilian constitution reserves 80% of the...

Persistent link: https://www.econbiz.de/10012594625

The economics of debt clearing mechanisms

Börner, Lars; Hatfield, John William - 2010

We examine the evolution of decentralized clearinghouse mechanisms from the 13th to the 18th century; in particular, we explore the clearing of non- or limitedtradable debts like bills of exchange. We construct a theoretical model of these clearinghouse mechanisms, similar to the models in the...

Persistent link: https://www.econbiz.de/10008796265

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