This paper explores the following chain of conjectures: rising use of the internet, the widespread access to global information, and intensified communication between regions and countries brought about, for example, by intensified trade links bring about expansion of people's social space and...

Some regulatory reforms do not change just a specific signal that can be represented by a quantitative continuous variable, such as a tax rate, a price cap, or an emission threshold. The standard theory of reform in applied welfare economics (going back to contributions by e.g. Ramsey, Samuelson...

In light of behavioral findings regarding inconsistent individual decision-making, economists have begun to re-conceptualize the notion of welfare. One prominent account is the preference purification approach (PP), which attempts to reconstruct preferences from revealed choices based on a...

This paper examines the key elements of the expert interview as a method of data generation. First, its characteristics are settled in order to classify this specific type of interview within the range of interview - techniques in general. Furthermore, some of the most important sources of error...

Adam Smith, der Begründer der Nationalökonomie, hat in der "Theory of Moral Sentiments" - basierend auf Ideen von David Hume - das Bild einer moralischen Person entworfen. Diese gewinnt ihre Moralität dadurch, dass sie andauernd Imaginationen über andere und über sich selbst unternimmt....

The work attempts to comprehend why littering is so extensive and, with the use of several findings provided in Gary S. Becker's article entitled 'Crime and Punishment: An Economic Approach', to explain why under current conditions more waste discarded in the environment can be expected. The...

Most of the countries in the world face corruption and struggling against to it in many aspects. Due to various loopholes and institutional inefficiencies it continues to be pressing issues which affects public in various dimensions. The long existence of corruption around the world made an...

Models have been extensively analysed in economic methodology, notably their degree of ability to provide explanations. This paper takes a complementary, comparative approach, examining theory development in the natural sciences. Examples show how diverse types of evidence combine with causal...

The WTO Global Trade Model is employed to project the medium-run economic effects of a global trade conflict. The trade conflict scenario is based on recent estimates in the literature of the difference between cooperative and non-cooperative tariffs. The study provides three main insights....

Samuelson kept optimization-based problems separated from macroeconomic dynamics in his Foundations, where dynamics were defined in terms of difference and differential equations. Despite some criticism of his "correspondence principle" of stability analysis by D.F. Gordon, D. Patinkin and...