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existence often suffer from dilution in terms of ecological effectiveness, economic efficiency, and social justice. Thus, in … ecological effectiveness, economic efficiency and social justice and operationalizes them for giving design recommendations for … sustainable carbon markets. Methodologically, the paper uses welfare and institutional economics, jurisprudential reasoning, and …
Persistent link: https://www.econbiz.de/10010286393
We clarify the definition and interpretation of 'sustainability economics' (Baumgärtner and Quaas 2010) in response to recent comments by van den Bergh (2010), Bartelmus (2010) and others. For that sake, we distinguish between general and specific definitions of sustainability and...
Persistent link: https://www.econbiz.de/10010286614
This paper presents theoretical and empirical analyses of experiments that test competing theories of altruism, including pure altruism (a preference for the well-being of others), warm glow (a good feeling from giving) and impure altruism (a combination of pure altruism and warm glow). These...
Persistent link: https://www.econbiz.de/10005622094
We model problems of allocating disputed properties as generalized exchange economies. Therein, agents have preferences and claims over multiple goods, and the social endowment of each good may not be sufficient to satisfy all individual claims. We focus on market-based allocation rules that...
Persistent link: https://www.econbiz.de/10011538925
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one’s situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives...
Persistent link: https://www.econbiz.de/10011295782
less prominent motivating force of allocation decisions. At the same time, efficiency concerns increase in importance for …
Persistent link: https://www.econbiz.de/10003978546
less prominent motivating force of allocation decisions. At the same time, efficiency concerns increase in importance for …
Persistent link: https://www.econbiz.de/10009736607
' efficiency maximization, yields greater enhancements of social welfare than efficiency alone, by simultaneously satisfying the …. The most significant conclusion is that efficiency and fairness concerns do not conflict but rather mutually support each … other in the goal of maximizing social welfare. This is contrary to the more widely-held view by both advocates of law and …
Persistent link: https://www.econbiz.de/10014203907
(e.g., related to an individual's altruism, fairness perceptions, concerns for efficiency, and political views). By …
Persistent link: https://www.econbiz.de/10014442013
(e.g., related to an individual's altruism, fairness perceptions, concerns for efficiency, and political views). By …
Persistent link: https://www.econbiz.de/10014444043