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Recent Engagements with Adam Smith and the Scottish Enlightenment

Paganelli, Maria Pia - 2015

Recent literature on Adam Smith and other 18th Scottish thinkers shows an engaged conversation between the Scots and today's scholars in the sciences that deal with humans — social sciences, humanities, as well as neuroscience and evolutionary psychology.We share with the 18th century Scots...

Persistent link: https://www.econbiz.de/10013020903

On the Fitness between Law and Economics - Or Sunstein between Posner and Calabresi

Esposito, Fabrizio - 2021

This article strengthens Calabresi’s call for a bilateral relationship between law and economics with two claims. The first claim is that the fitness analysis of Law and Economics (“concept-based fitness”) requires studying legal reasons and reasoning. This is a remarkable difference with...

Persistent link: https://www.econbiz.de/10013244556

‘Judging’ Economists : Economic Expertise in Competition Law Litigation - A European View

Lianos, Ioannis - 2013

moral hazard and adverse selection because of the epistemic asymmetry between judges and experts and the risk of expert bias …

Persistent link: https://www.econbiz.de/10014204308

The Economics of Ronald Coase

Veljanovski, Cento - 2020

Ronald Coase (1910-2013), who sadly died at the remarkable age of 102, made significant contributions to economics based on common sense and the detailed study of his topics. Coase was awarded the Nobel Prize in Economic Sciences in 1991 “for his discovery and clarification of the significance...

Persistent link: https://www.econbiz.de/10014152719

FairEconomy. Crises, Culture, Competition and the Role of Law

Hacker, Philipp - 2016

fairness as a key concept to build trust, structure economic interactions, and distribute surplus. We trace legal concepts … activity. The final chapter offers perspectives on global institutions for the enforcement of fairness-oriented norms in market …

Persistent link: https://www.econbiz.de/10012993422

When Rationality and Fairness Conflict : The Role of Cognitive-Control in the Ultimatum Game

Halali, Eliran; Bereby-Meyer, Yoella; Meiran, Nachshon - 2011

fairness considerations. Using two independent behavioral measurements, the authors tested two contradicting predictions: that … the preference for fairness is a deliberative cognitive-controlled act or that it is an automatic act. In Experiment 1 … Experiment 2, it took longer to accept than to reject unfair offers. These results suggest that fairness considerations operate …

Persistent link: https://www.econbiz.de/10014181014

Attitudes of Turkish Students Towards Markets : Are They Different from Their Western Counterparts?

Çokgezen, Murat - 2017

This study evaluates attitudes of Turkish university students towards markets and the influence on these attitudes of …

Persistent link: https://www.econbiz.de/10012968106

Bitcoin Mission Statement. Or What Does It Mean Sharing Economy and Distributed Trust?

Kosten, Dmitri - 2015

Technological advancements in the means of production are the driving force behind the changes in the prevailing system of socio-economic relations. Feudalism was transformed into capitalism as a result of such advancements. While man obtained physical freedom, the financial freedom remained...

Persistent link: https://www.econbiz.de/10013012829

Bruce Yandle and the Art of Economic Communication

Zywicki, Todd J. - 2020

Bruce Yandle is one of the most influential economists of his generation, especially in the fields of environmental … government officials and how recognizing those challenges can enable economists to communicate better and, in so doing, to …

Persistent link: https://www.econbiz.de/10012850467

Cyberfinance : Liberating the Financial Markets

Wales, Kim - 2015

A new economic revolution liberating financial markets? Seeks to answer some of the questions driving the existential crisis embroiling finance: What is currency? What is value? What is a business? What is a bank, even?This article discusses how regulatory reform, transformative technologies,...

Persistent link: https://www.econbiz.de/10013021212