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Creative capital in production, inefficiency, and inequality : a theoretical analysis

Batabyal, Amitrajeet A.; Nijkamp, Peter - 2016

We analyze inefficiency and inequality associated with the use of creative capital to produce a final good in a regional economy. Specifically, we first study a case in which the individual creative capital units are perfect substitutes in the production of the final good. We show that the...

Persistent link: https://www.econbiz.de/10012496480

On criteria for evaluating social programs

García García-Menéndez, Jorge Luis; Heckman, James J. - 2022

Persistent link: https://www.econbiz.de/10013171589

Instrumental variables : a cautionary tale

Heckman, James J. - 1995

Persistent link: https://www.econbiz.de/10013453512

The economic approach to personality, character and virtue

Heckman, James J.; Galaty, Bridget; Tian, Haihan - 2023

This chapter presents an economic approach to character and personality traits with an application to the study of virtue. Economists interpret psychological traits, including character traits and virtue, as strategies that shape responses to situations (actions) determined by underlying...

Persistent link: https://www.econbiz.de/10014279705

The Economic Approach to Personality, Character and Virtue

Heckman, James J.; Galaty, Bridget; Tian, Haihan - National Bureau of Economic Research - 2023

Persistent link: https://www.econbiz.de/10014287358

Three criteria for evaluating social programs

García García-Menéndez, Jorge Luis; Heckman, James J. - 2022

This paper examines the economic foundations of three criteria used for evaluating the costs and benefits of social programs. Some criteria do not consider the scale of programs or address the costs associated with programs that expand or contract the total government budget. A recent addition...

Persistent link: https://www.econbiz.de/10013382023

Intergenerational transmission of family influence

Eshaghnia, Sadegh S. M.; Heckman, James J.; Landersø, … - 2022

Persistent link: https://www.econbiz.de/10013426596

The role of corporate citizens in fighting poverty : an ordonomic approach to global justice

Pies, Ingo; Hielscher, Stefan - 2008

Drawing on an ordonomic approach, this paper argues that a theory of global justice should incorporate as a pivotal … cornerstone a theory of corporate citizenship which constructively addresses business firms as agents of social value creation. We … argue that, instead of relying exclusively on arguments of obligation, a theory of global justice should primarily formulate …

Persistent link: https://www.econbiz.de/10011758134