In conventional welfare economics Pareto optimality requires competitive markets in which rational sellers use pure private resources to produce pure private goods and services for rational consumers. Although such theory acknowledges that market failures prevent Pareto optimality, it continues...

Digitalization in Sub-Saharan Africa enhanced the accessibility of communications by the majority of the poor who had been excluded among others from social media, independent information channels, mobile banking and e-commerce. The creation of new economic opportunities, e.g. the pay-as-you-go...

Digitalization in Sub-Saharan Africa enhanced the accessibility of communications by the majority of the poor who had been excluded among others from social media, independent information channels, mobile banking and e-commerce. The creation of new economic opportunities, e.g. the pay-as-you-go...

ABSTRACT & RÉSUMÉ : Digitalization in Sub-Saharan Africa enhanced the accessibility of communications by the majority of the poor who had been excluded among others from social media, independent information channels, mobile banking and e-commerce. The creation of new economic opportunities,...

ABSTRACT & RÉSUMÉ & ZUSAMMENFASSUNG: The demand for political alternance, initiated by institutional and electoral reforms, constituted the major contentious issue between the government and the challengers of the Gnassingbé regime throughout the year. Civil society organizations and...

Presidential elections were held in Nigeria on 25 February 2023. The candidate of Nigeria's ruling All Progressives Congress (APC) party Bola Ahmed Tinubu won the election. He was known as a political 'godfather' in the South West. His major contender, Atiku Abubakar, 76, running on behalf of...

Presidential elections were held in Nigeria on 25 February 2023. The candidate of Nigeria's ruling All Progressives Congress (APC) party Bola Ahmed Tinubu won the election. He was known as a political 'godfather' in the South West. His major contender, Atiku Abubakar, 76, running on behalf of...

This paper provides unheard direct evidence that comparisons exert a significant effect onsubjective well-being. It also evaluates the relative importance of different types ofbenchmarks...

We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...

Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...