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Institutionen werden in diesem Beitrag als Regeln menschlichen Handelns begriffen. Im einzelnen geht es um eine Analyse der in den Wirtschaftswissenschaften angewandten Regeln zur Untersuchung individueller Erwerbsentscheidungen (rational choice Ansatz), um Regeln, die in Form von...
Persistent link: https://www.econbiz.de/10011433982
Institutionen werden in diesem Beitrag als Regeln menschlichen Handelns begriffen. Im einzelnen geht es um eine Analyse der in den Wirtschaftswissenschaften angewandten Regeln zur Untersuchung individueller Erwerbsentscheidungen (rational choice Ansatz), um Regeln, die in Form von...
Persistent link: https://www.econbiz.de/10010260759
This article describes how Louis Kelso's binary economics can be used to open the prevailing system of corporate finance to enable all people to access non-recourse corporate credit so as to enable them to acquire capital with the earnings of capital. In economies operating at less than full...
Persistent link: https://www.econbiz.de/10013128017
This paper has two goals. The first is to show that the heat hypothesis provides a partial explanation of violent crime in society. The second is to suggest an alternative hypothesis that intentional homicides can be explained by the level of income inequality, even when controlling thermal...
Persistent link: https://www.econbiz.de/10012944890
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10013250768
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012418627
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012422737
Wealth inequality has become a heated political issue. Politicians claim that wealth concentration is rising and that … people at the top are gaining at other people's expense. In this study, I examine problems with the measurement of wealth and … discuss whether wealth inequality is an issue that public policy needs to address. I also consider the likely effects of …
Persistent link: https://www.econbiz.de/10012838025
Wildfires, suspended soil and other particulates, and industrial emissions combine to raise the urgency of air quality as a planetary threat. This paper introduces Prometheus, a proactive decision-making framework for managing environmental and health risks associated with air pollution and...
Persistent link: https://www.econbiz.de/10014345380
Contests are a common method to describe the distribution of many different types of rents. Yet in many of these situations the utilisation of the prize plays an important role in determining agents payoffs and incentives. In this paper, we investigate the incentives to expend effort for a prize...
Persistent link: https://www.econbiz.de/10011753175