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This study investigates a free-rider problem in long-term relationships, where, due to its non-excludable nature, each player attempts to seek loopholes to impose the burden of cooperation on other players. The players establish a committee that demands that each player select an action as...
Persistent link: https://www.econbiz.de/10013292712
in protecting key carbon sinks? This paper develops an argument from the ‘principle of fairness,' which seeks to …
Persistent link: https://www.econbiz.de/10013005802
sought new ways to regulate labour standards and advance goals of fairness and social justice. Governments are harnessing …
Persistent link: https://www.econbiz.de/10014152613
sought new ways to regulate labour standards and advance goals of fairness and social justice. Governments are harnessing …
Persistent link: https://www.econbiz.de/10014152615
In "Fairness in Practice - A Social Contract for a Global Economy" (2012) Aaron James proposes a substantial normative … framework for a theory of fairness in the global economy. Based on a distinctive methodology of interpretive constructivism …, James argues for an internal justification of fairness requirements in the field of international trade, and consequently …
Persistent link: https://www.econbiz.de/10011763094
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Persistent link: https://www.econbiz.de/10000921312
The authors identify three challenges to global cooperation and propose three solutions. The first is the lack of integration of civil society into global governance. In the spirit of Ostrom's poly-centric governance, they propose stronger interaction between public international authorities,...
Persistent link: https://www.econbiz.de/10011751896
The vast majority of the books and articles that have been written over the past few centuries about trade policy in general and protectionism in particular have been written from a utilitarian perspective. Indeed, it would only be a slight overstatement to say that the only works written about...
Persistent link: https://www.econbiz.de/10012980538
There is no doubt that protectionism costs. But it is less clear exactly how much it costs and who pays. And while protectionism results in a deadweight loss — there are more losers than winners — some individuals and groups gain from protectionism. And it is those who stand to gain who have...
Persistent link: https://www.econbiz.de/10012980614