Showing 1 - 10 of 2,234
Persistent link: https://www.econbiz.de/10011915570
Migration may cause not only a brain drain but also a civicness drain, leading to an uncivicness trap. We study this possibility using college choices of southern-Italian students classified as Civic if not cheating in a die-roll experiment. Local civicness is the fraction of Civic in their...
Persistent link: https://www.econbiz.de/10011949451
At age 17, Adam Smith accepted a Snell Fellowship to Oxford, agreeing to be ordained as a minister of the Church of England. Smith did not fulfill this obligation. Instead, Oxford officials agreed to allow him to transfer from the Ordination to the civil law tract; and, later, to leave Oxford...
Persistent link: https://www.econbiz.de/10012921776
Though the social choice of social institutions or social results is impossible there is, strictly speaking, no social choice individual evaluations of social institutions or results trivially are possible. Such individual evaluations can be deemed liberal either because they emphasize political...
Persistent link: https://www.econbiz.de/10003765995
The following analysis is meant to contribute to a history of rational choice theory. More specifically, I provide a multi-layered account of rational choice theory in terms of its biography as a scientific object. I argue that its axiomatic version, choice theory traveled between different...
Persistent link: https://www.econbiz.de/10011707612
A Nash equilibrium can also be seen as a Cournot-Nash equilibrium, though this is debated because Cournot provided a specific application, not a general formulation. In my view, another of Nash's fundamental contributions stands out when contrasting him to Cournot. Cournot treated economic...
Persistent link: https://www.econbiz.de/10011378728
We study the decision process in a group dictator game in which three subjects can distribute an initial endowment between themselves and a group of recipients. The experiment consists of two stages: first, individuals play a standard dictator game. Second, individuals are randomly matched into...
Persistent link: https://www.econbiz.de/10013051139
This chapter defines defense economics and indicates how it differs from other subfields of economics. The nature and topics of defense economics are presented. A brief history of the field is also reviewed. The current importance of defense economics in the post-cold war era is discussed....
Persistent link: https://www.econbiz.de/10014024430
We review the theory of fairness as it pertains to concretely specified problems of resource allocations. We present punctual notions designed to evaluate how well individuals, or groups, are treated in relation to one another: no-envy, egalitarian-equivalence, individual and collective lower or...
Persistent link: https://www.econbiz.de/10014025187
Persistent link: https://www.econbiz.de/10013549887