Explicit economic incentives designed to increase contributions to public goods and to promote other pro-social behavior sometimes are counterproductive or less effective than would be predicted among entirely self-interested individuals. This may occur when incentives adversely affect...

The literature existing on entrepreneurship implicitly assumes that entrepreneurship and government and economic growth are positively related with each other and there is a positive correlation among them. However, few studies, whether theoretical or empirical, analyze such relation in an...

This paper investigates the potential trade balance outcomes of the EPA/EBAI policies in the SADC region using the GTAP7 model and database. The analysis of these policies therefore make conclusion on SADC member states’ changes in trade balance overall, per commodity groups and on overall...

This paper explores the meaning of the idea of common good as used in the classical political tradition in order to study its role in the present political economy. It first analyses the received meaning of the term ‘‘common good’’ in economics with the help of a brief sketch of its...

Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...

Der Begriff der Resilienz hat in den letzten Jahren eine hohe Popularität bei der Formulierung wirtschaftspolitischer Zielsetzungen erlangt. Seine nahezu inflationäre Verwendung geht bislang jedoch mit einer fehlenden Präzision einher. Die Autoren behandeln die Herkunft des Resilienzbegriffs,...

Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...

Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...

This paper makes the argument that certain public goods (those lacking special interest backing) are likely to be under-provided by governments. Moreover, some such goods are complementary with private goods (e.g. roads and automobiles), while other such goods are substitutes for private goods...

A primary, but typically unacknowledged, function of government action - whether it be new laws, the inauguration of new leaders, the establishment of new agencies, or the funding allocated to existing agencies - is to show what the people "approve of." Government praise is an asset that the...