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theory. The basic dimensions of deprivation are given more weight than the non-basic dimensions of deprivation. We construct …
Persistent link: https://www.econbiz.de/10014243547
While inequality in resource endowments has been shown to affect cooperation levels in groups, much of this evidence comes from studies of within-group inequality. In an online public goods experiment, we instead examine the effects of payoff-irrelevant inequality in resources between groups on...
Persistent link: https://www.econbiz.de/10014500522
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and poverty. I review each theory's arguments, contributions, and challenges. Furthermore, I explain how to integrate … explicit theory and theoretical debate, as well as greater interdisciplinarity and integration between studies of the United …
Persistent link: https://www.econbiz.de/10013243773
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rights, and lack of development of market systems add to the incidence of poverty. Increased economic efficiency is seen as a … policies to reduce poverty and increase economic efficiency. It is also important to take into account the institutional …
Persistent link: https://www.econbiz.de/10014201336
A great deal of Law & Economics scholarship focuses on the economic efficiency of a legal doctrine, judicial decision … imperfection in the system) will increase economic efficiency on that account. This Article explains that this assumption is wrong … because it ignores the central lesson of The General Theory of Second Best: since in general any such individual imperfection …
Persistent link: https://www.econbiz.de/10012949276
This contribution shows that high-efficiency coordination via strategy sorting is possible even within a modest number … mechanisms to enhance coordination on high-efficiency equilibria, i.e. making them more “attractive” relative to lower efficiency … is the more attractive the safer option is, the easier is to coordinate on high efficiency equilibria …
Persistent link: https://www.econbiz.de/10012987867
This paper introduces a family of multi-period poverty measures derived from commonly used static poverty measures. Our measures trade-off poverty levels and changes (gains and losses) over time, and are consistent with loss aversion. We characterize the partial ranking over income dynamics...
Persistent link: https://www.econbiz.de/10014199883