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We developed the AGRIPOL game as a tool for teaching agricultural policy to economic and non-economic students. AGRIPOL consists of a world with 7 different countries, each one represented by a small group of students. The students have to maximize their country's social welfare by choosing an...
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The paper focuses on misconceptions about the compensation principle of neo-Paretian welfare economics, and argues that the efficiency interpretation often attached to it is a dubious one. Applied welfare analists should realize the real significance of 'potential Pareto improvement' and take it...
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A transition to sustainable cocoa production requires an arrangement for ensuring international cocoa prices that allow farmers to invest in sustainable production methods. Historical experience suggests that such an arrangement should not depend on importing countries and should involve farmer...
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The paper focuses on misconceptions about the compensation principle of neo-Paretian welfare economics, and argues that the efficiency interpretation often attached to it is a dubious one. Applied welfare analists should realize the real significance of 'potential Pareto improvement' and take it...
Persistent link: https://www.econbiz.de/10005522982
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