Titlebook: Efficiency, Institutions, and Economic Policy; Proceedings of a Wor Rüdiger Pethig,Ulrich Schlieper Conference proceedings 1987 Springer-Ve

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,Comment on H. G. Monissen and E. Wenger: “Specific Human Capital and Collective Codetermination Rigthe firm. This possiblity has been interpreted by some observers, including a number of economists, politicians, and labor leaders, as providing an explanation as well as a theoretical justification for the German system of codetermination.

chronology

Macroeconomic Policy, Rent seeking and Economic Order, is fair, simple and efficient”. Why is it that economists are amazed when they see an act of rational economic policy, when at the same time they propose a theory which relies on individual rationality and the ”invisible hand” of the market yielding (Pareto-) optimal results?.

流动才波动

是贪求

Stress-Fracture

Defense

Family Structure and Intergenerational Transfers in Social Health Insurance: A Public Choice Model,yees pay contributions to finance the benefits for retired people. The pay-as-you-go financing requires that the current contributions of all insurees cover the total cost of the fund. Many papers have dealt with the implications of the intergenerational contract for economic efficiency, economic gr

是比赛

AWL

Harbor

Implicit

The Efficiency of the Common Law: A New Institutional Economics Perspective,rate that the common law is efficient, viewed from the perspective of wealth (even perhaps more generally of utility) maximization. Further, Posner urged, against an impressive array of dissenters, that such efficiency was an appropriate objective for the common law to pursue. The success of Posner’