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Selfishness of preferences alone will not support the coordination necessary for the industrialization of the food system. Social capital relationships of mutual sympathy (caring) yield socio-emotional goods that are important in the more personal business world of evolving incomplete contracts...
Persistent link: https://www.econbiz.de/10005801422
If the capital metaphor is to be taken seriously, social capital must focus on sources and not consequences. Human motive is the equivalent of physical capital goods which can perform transformative functions such as creating utility for one person out of the consumption of another and solving...
Persistent link: https://www.econbiz.de/10005802844
When the first economics departments were proposed at Cambridge and Oxford, the proponents thought acceptance would be improved if economics could be seen as incorporating the methods of physics. The enterprise was premised on the existence of economic laws that describe invariant relationships...
Persistent link: https://www.econbiz.de/10005802878
Game theory and other approaches have been used to characterize problems involving high-exclusion-cost goods which also have the characteristic that marginal cost of an additional user is zero over some range. These analytical tools have made valuable contributions to understanding voluntary...
Persistent link: https://www.econbiz.de/10005802896
This paper describes the structure and capabilities of BENCOS, gives instructions on how to use the template, and comments on possible modifications of the template.
Persistent link: https://www.econbiz.de/10008543606
BENCOS is a Lotus 1-2-3 template designed for benefit-cost analysis. This document describes the structure and capabilities of BENCOS, followed by instructions on how to use the template, and comments on possible modifications of the template.
Persistent link: https://www.econbiz.de/10008543611
Persistent link: https://www.econbiz.de/10005135535
Game theory and other approaches have been used to characterize problems involving high-exclusion-cost goods which also have the characteristic that marginal cost of an additional user is zero over some range. These analytical tools have made valuable contributions to understanding voluntary...
Persistent link: https://www.econbiz.de/10005743017
Persistent link: https://www.econbiz.de/10005581423
This article assesses the effect of labor demand and labor supply conditions on distribution of poverty across small communities in Michigan. The poverty model used for the analysis is based on the production behavior of the communities' residents, and is estimated using Census 2000 data. The...
Persistent link: https://www.econbiz.de/10010775053