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fundamental Smith-Young theorem on the extent of the market and the social division of labor. In this theory specialization and … unresolved whether and how such development processes are possible in economies based on more primitive, non-market organizations …. In this paper we discuss a general relational model of economic interaction. Within this non-market environment we …
Persistent link: https://www.econbiz.de/10010325169
The EU advocates a household waste recycling rate of more than 70%. Although the Netherlands already years ago invested in recycling policies heavily, this is still a large challenge as nowadays on average this rate is approximately 50% and nearly no municipalities have a rate above 70%. Given...
Persistent link: https://www.econbiz.de/10010491384
In this paper we consider the problem of the control of access to a firm's productive asset, embedding the relevant decisionmakers into a general structure of formal authority relations. Within such an authority structure, each decision maker acts as a principal to some decision makers, while...
Persistent link: https://www.econbiz.de/10010325070
Municipalities may have various motives for decisions on the mode of their task execution. Empirical studies – based on both public choice and transaction costs theory - have not yet provided a fully comprehensive explanation for municipal contracting out decisions. Therefore, we held...
Persistent link: https://www.econbiz.de/10010325826
We argue that the failure to disentangle the evolution of the Canadian currency from the U.S. currency leads to potentially incorrect conclusions regarding the case of Dutch disease in Canada. We propose a new approach that is aimed at extracting both currency components and energy- and...
Persistent link: https://www.econbiz.de/10010325816
We argue that the failure to disentangle the evolution of the Canadian currency from the U.S. currency leads to potentially incorrect conclusions regarding the case of Dutch disease in Canada. We propose a new approach that is aimed at extracting both currency components and energy- and...
Persistent link: https://www.econbiz.de/10014201102