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compensating differentials will increase both efficiency and fairness, quite in line with the classical position taken by Adam …Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not … Differentiale heranführen dienen zugleich der Verbesserung der Effizienz und der Gerechtigkeit. …
Persistent link: https://www.econbiz.de/10005187319
Persistent link: https://www.econbiz.de/10008515412
inconsistencies and reconcile the evidence on crowding out and feelings, this paper proposes a theory of conditional altruism, which …
Persistent link: https://www.econbiz.de/10005622094
intuition must satisfy — efficiency of outcomes, fairness of outcomes, and fairness of treatment. The third, unlike the first … equally strong claims to it. This article lays out three conditions that any conception of justice compatible with this …, while justice generally requires publicity — requires, that is, that the justice of public practices be as visible as …
Persistent link: https://www.econbiz.de/10010777783
While economists have been contributing to the discussion of various aspects of sustainability for decades, it is just recently that the term “sustainability economics” was used explicitly in the ecological, environmental, and resource economics community. Yet, the contributions that use the...
Persistent link: https://www.econbiz.de/10008617002
A substantial literature examines second-best environmental policy, focusing particularly on how the Pigouvian directive that marginal taxes should equal marginal external harms needs to be modified in light of the preexisting distortion due to labor income taxation. Additional literature is...
Persistent link: https://www.econbiz.de/10008838683
AA substantial literature examines second-best environmental policy, focusing particularly on how the Pigouvian directive that marginal taxes should equal marginal external harms needs to be modified in light of the preexisting distortion due to labor income taxation. Additional literature is...
Persistent link: https://www.econbiz.de/10011126406
unfair. Measures that curb wage dispersion increase both efficiency and fairness. …, die die Lohnspreizung eindämmen, fördern zugleich Effizienz und Gerechtigkeit. …
Persistent link: https://www.econbiz.de/10008478851
implicitly assume that countries have a universal understanding of justice. But this assumption is rather questionable. With … regard to the existing cultural differences in the understanding of justice the transferability of elements of health care … systems is not always given. A transfer usually requires a thorough examination of the ideas of justice in each country. This …
Persistent link: https://www.econbiz.de/10008526896
Over $47 billion of tax exempt debt issues were sold to the public in 1982. A portion of this total was offered to municipal bond underwriters under a competitive bidding system using the criterion of minimum true interest cost (internal rate of return). The TIC bidding problem may be formulated...
Persistent link: https://www.econbiz.de/10009208448