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Chapter 5 The Economic Theory of Gift-Giving: Perfect Substitutability of Transfers and Redistribution of Wealth

Mercier Ythier, Jean - In: Handbook of the economics of giving, altruism and …, (pp. 227-369). 2006

This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic … analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent … voluntary redistribution of income or wealth. The theory concentrates on lump-sum voluntary transfers, individual or collective …

Persistent link: https://www.econbiz.de/10014023678

Rational Legislating

Martinez, John - 2013

Legislative misbehavior is best curbed through rational legislating requirements, whereby legislators must include in the legislative record an explicit elaboration of the path of lawmaking - from evidence, through findings, to ultimate conclusions - that clearly sets out the analytic connection...

Persistent link: https://www.econbiz.de/10013094837

James M. Buchanan and the European public choice movement : what did we learn from him?

Schneider, Friedrich - 2013

In this note, three major areas of Buchanan's research are briefly described: (1) The ideas of Knut Wicksell on Buchanan's work, (2) constitutional economics and the veil of ignorance, and (3) the role of government and/or the power to tax. It is shown that these three areas had a major...

Persistent link: https://www.econbiz.de/10010208986

Soft paternalism, merit goods, and normative individualism

Kirchgässner, Gebhard - 2015

Paternalism is an attempt to influence individuals’ decisions for their own benefit, even if there are no third parties involved. This seems to contradict normative individualism, which provides the general orientation to our modern democracies. Soft or libertarian paternalism accepts the...

Persistent link: https://www.econbiz.de/10011318409

Constitutional Spaces

Erbsen, Allan - 2011

This Article is the first to systematically consider the Constitution’s identification, definition, and integration of the physical spaces in which it applies. Knowing how the Constitution addresses a particular problem often requires knowing where the problem arises. Yet despite the...

Persistent link: https://www.econbiz.de/10014184789

Constitutionalism, Division of Power and Transaction Costs

Berggren, Niclas; Karlson, Nils - 2009

According to many democracy theorists, there is an unavoidable trade-off between constitutionalism and the need for political action. This paper criticizes that belief. Rather, it argues that a division of power, while sometimes entailing high political transaction costs, can nevertheless be...

Persistent link: https://www.econbiz.de/10014202513

Veilonomics : On the Use and Utility of Veils in Constitutional Political Economy

Voigt, Stefan - 2013

Time and again, discussions on “just” or “fair” constitutional rules are structured around the veil of ignorance (Rawls) or uncertainty (Buchanan). But how useful has this tool really been for identifying a set of rules large groups could agree to unanimously? Are thicker veils really...

Persistent link: https://www.econbiz.de/10013085847

Soft paternalism, merit goods, and normative individualism

Kirchgässner, Gebhard - 2014

Paternalism is an attempt to influence individuals' decisions for their own benefit, even if there are no third parties involved. This seems to contradict normative individualism, which provides the general orientation to our modern democracies. Soft or libertarian paternalism accepts the...

Persistent link: https://www.econbiz.de/10010256131

Restraining the genuine homo economicus : why the economy cannot be divorced from its governance

Skaperdas, Stergios - 2003

The Homo economicus of traditional economics is far from being completely self-interested, rational, or as individualistic as he is purported to be; he will haggle to death over price but will not take what he wants by force. Implicitly, he is assumed to behave ruthlessly within a welldefined...

Persistent link: https://www.econbiz.de/10011507656

The Constitution of Ambiguity : Is the Link between Economic Freedom and Constitutions Weaker than Thought?

Murphy, Ryan - 2021

This paper follows up on the work of de Vanssay et al. (2005) in examining characteristics of constitutions (e.g., parliamentary systems), using data originating from the Database of Political Institutions. With updated data, correlational findings are reproduced and extended. However,...

Persistent link: https://www.econbiz.de/10013213523

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