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The Council of Economic Experts and its influence on the German economic policy are discussed in this paper. The first section concentrates on the institutional background and historical genesis of this body. Consequently, the importance of the Council in preventing a competitive and efficient...
Persistent link: https://www.econbiz.de/10005036640
Czech Abstract: Proč je teorie dobývání renty užitečnou teorií? V článku je argumentováno, že poslední kritika teorie dobývání renty není nová ani významná. Na základě vysvětleného základního konceptu teorie dobývání renty autor vysvětluje její kritiku, která...
Persistent link: https://www.econbiz.de/10013059923
within which the problem of corruption occurs, rent-seeking lacks the positive definition of rules which determine how the … examples. On the comparison of the historical example of England and France I show that the systems for creation of legal rules … precisely, I argue that when the system for creation of legal rules is subordinated to the citizens’ control and the independent …
Persistent link: https://www.econbiz.de/10014149114
The English version of this paper can be found at http://ssrn.com/abstract=2053674 Czech Abstract: Cílem tohoto článku je vložení problému zastoupení do širšího kontextu Nové institucionální ekonomie s důrazem na historické souvislosti. V první části vysvětluji historický...
Persistent link: https://www.econbiz.de/10014149260
The aim of the paper is to set the agency problem into a broad context of New Institutional Economics with an emphasis on historical connections. In the first section, I explain the historical evolution of basic theoretical concepts like the theory of firm, the theory of market process and the...
Persistent link: https://www.econbiz.de/10008545885
This paper deals with the recent empirical phenomenon of intraindustry trade, i.e. trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the importance of sequential nature of production and...
Persistent link: https://www.econbiz.de/10005036701
What is the role of entrepreneurship in economic development from the perspective of neo-Austrian and new institutional economics and what is the difference between these approaches? Neo-Austrian economists claim that economic development is caused by entrepreneurial discovery. New institutional...
Persistent link: https://www.econbiz.de/10008752948
Persistent link: https://www.econbiz.de/10003721394
Persistent link: https://www.econbiz.de/10003224689
understood in its minimal role, i. e. as the guarantee and co-creator of basic "well-established" rules and/or institutions, the …
Persistent link: https://www.econbiz.de/10005036666