The theme of justice in the economics and, in particular, the theme of distributive justice is the subject of heated controversy as distributive justice raises critical questions such as, for example, in the case of migration or the inequality of wages. But the question of justice is also...

The evolution during the Anthropocene is analyzed through the interaction between economic and technological development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density power. The challenge is how to make the rising demand for...

Purpose Eco-innovation is any form of product, process or organisational innovation that contributes towards sustainable development. Firms can eco-innovate in a variety of ways. In this paper we identify nine different eco-innovation activities - including such items as reducing material use...

Although the economy of China has grown very strongly over the last few decades, this spectacular performance has come at the expense of rapid environmental deterioration. Amidst animated debate on the issue of global warming, this study attempts to explore the determinants of CO2 emissions in...

Since the mid 1900’s, economist have come to recognize the role of innovative activity in firms productivity growth, particularly in the competitive market economies. However, the most conducive market environment for innovative activity has also become a subject of interest. Thus, a major...

The topic of this note is issues related to R&D expenditures leading to improved technologies for reducing environmentally harmful emissions. The focus is on the following questions: Will a market economy where environmental policies are restricted to taxes or quotas give the socially efficient...

The costs of transacting the myriad individual contracts needed to operate a complex productive enterprise are prohibitive. The firm provided the solution, by substituting hierarchy and command for perpetual negotiations. The legal system played its part in the development of firms by...

This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a desire for dynasty building) and shows that these assumptions have very different implications for bequest motives and bequest division. After reviewing some of the literature on...

Este documento explora el comportamiento religioso de los habitantes de la ciudad de Bucaramanga desde la perspectiva analítica conocida como economía de la religión. Considerando la práctica religiosa como una elección racional de los individuos, se analizan las creencias, el nivel de...

This paper examines whether involvement with religious organizations insures an individual's stream of consumption and of happiness. Using data from the Consumer Expenditure Survey (CEX), we examine whether households who contribute to a religious organization are able to insure their...