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Governing structural change and externalities in agriculture: toward a normative institutional economics of rural development

Petrick, Martin - Leibniz-Institut für Agrarentwicklung in … - 2004

-centive-compatible self-regulation as the principle of individual action, and (3) institutional-ised competition as the institution …

Persistent link: https://www.econbiz.de/10008526818

Microtheory: Applications and Origins

Baumol, William J. - The MIT Press

This volume of seventeen previously published essays by William J. Baumol brings together work on the theory of … contestable markets, welfare theory, antitrust, pricing, and the history of economic thought. Written between 1971 and 1983, they … have sparked productive extensions and criticism in microeconomic theory and provide an engaging intellectual history of …

Persistent link: https://www.econbiz.de/10004972997

The Public Interest Theory of Regulation: Non-Existence or Misinterpretation?

Hantke-Domas, Michael - In: European Journal of Law and Economics 15 (2003) 2, pp. 165-194

Persistent link: https://www.econbiz.de/10005674374

Informed Trading, Investment, and Welfare.

Dow, J; Rahi, R - Department of Economics, European University Institute - 1997

This paper studies the welfare economics of informed trading in a stock market. We model the effect of more informative prices on investment, given that this dependence will itself be reflected in equilibrium prices. We show that in rational expectations equilibrium with price-taking competitive...

Persistent link: https://www.econbiz.de/10005816381