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Kerr, Steven - 2019

fundamental theorem of welfare economics. The game is Keynesian in that 1) markets needn't clear at equilibrium so there can be …

Persistent link: https://www.econbiz.de/10012898752

A contribution to scientific studies of norms in economics inspired by JN Keynes and Popper

In: Journal of economic methodology 30 (2023) 4, pp. 290-309

Persistent link: https://www.econbiz.de/10015052991

[Rezension von: The philosophy of economics, an anthology, ed. by Daniel M. Hausman]

Ross, Don - In: Journal of economic literature 47 (2009) 1, pp. 174-177

Persistent link: https://www.econbiz.de/10003865644

Opportunity, not welfare : how behavioral insights should lead to a reorientation of the normative foundation in law and economics

Emmerick, Elias van; Dold, Malte - In: Journal of contextual economics : Schmollers Jahrbuch 142 (2022) 1, pp. 21-40

In Fairness versus Welfare (2003), Louis Kaplow and Steven Shavell provide a manifesto for normative law and economics …. Therein, they spell out the foundations for contemporary law and economics based on a Paretian consequentialist welfarism and … focus for law and economics that borrows from Robert Sugden's (2018) opportunity criterion, which holds that individuals …

Persistent link: https://www.econbiz.de/10014518376

Dynamic efficiency and reswitching

Suntum, Ulrich van - 2008

The paper argues that, from a dynamic efficiency perspective, intersections of factor price frontiers are irrelevant to the choice of techniques. Because every change in technique involves a temporary loss or gain in both profit and per capita consumption within the transition period, its...