Results 141 to 150 of about 83,599 (303)
Contracts and Promises - An Approach to Pre-play Agreements [PDF]
In line with the widely applied principle of just deserts, we assume that the severity of the penalty on a contract offender increases in the harm on the other. When this principle holds, the influence of the efficiency of the agreement on the incentives
Miettinen, Topi
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Buchanan and the Social Contract: Coordination Failures and the Atrophy of Property Rights
Southern Economic Journal, EarlyView.ABSTRACT James Buchanan advocated that societies should be based on a social contract. He rejected anarchy, seeing it as a “Hobbesian jungle” that calls for government intervention to maintain social order. He also opposed theories of spontaneous order. These views led to debates about the compatibility of Buchanan's works with classical liberalism and
Stefano Dughera, Alain Marciano
wiley +1 more source
CAAI Transactions on Intelligence Technology, EarlyView.Abstract In a multi‐row facility layout problem (MRFLP), facilities are arranged in more than one row under the limited layout area. Considering different layout factors, various extensions of MRFLP have been modelled. However, the orientation of input/output (I/O) point in a facility, as a key factor that plays a direct impact on flow cost, is seldom ...
Yinan Guo +5 more
wiley +1 more source
Including Harvested Grain Biogenic CO2 to Address a Critical Flaw in Climate Accounting
Australian Journal of Agricultural and Resource Economics, EarlyView.ABSTRACT The international climate accounting system excludes both the biogenic CO2 sequestered in harvested crops and the biogenic CO2 emissions that occur when grain is digested or burned as biofuel. Despite being described in the literature as a critical flaw in climate accounting all parties within the United Nations Framework Convention on Climate
Richard S. Gray
wiley +1 more source
On the Essential Multidimensionality of an Economic Problem: Towards Tradeoffs-Free Economics [PDF]
The foundation of welfare economics is the assumption of Pareto-efficiency and its concept of tradeoffs. Also the production possibility frontier, efficiency frontier, nondominated set, etc., belong to the plethora of tools derived from the Pareto ...
Milan Zelený
core +1 more source
Lobbying and Political Risk Disclosure: Do Socially Responsible Firms Voluntarily Disclose More?
British Journal of Management, EarlyView.Abstract Drawing on theories of strategic communication, legitimacy, impression management and moral capital, this study investigates whether firms use political risk disclosure to offset negative perceptions associated with corporate lobbying. Using a sample of 10,120 observations from 1362 US firms between 2002 and 2018, we find that firms with ...
Maretno A. Harjoto +4 more
wiley +1 more source
Insights from the Presidential Addresses to the Agricultural Economics Society
Journal of Agricultural Economics, EarlyView.ABSTRACT The Society's published presidential addresses have embraced a wide range of subject matter, reflecting a ‘road well travelled’ in agricultural economics. The areas covered include the development and use of data and statistics, lessons from history, sectoral analysis, land economics, international trade and international development.
David Blandford
wiley +1 more source
The Political Economy of Patent Buyouts
The RAND Journal of Economics, EarlyView.ABSTRACT Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political economy and feasibility of this potentially important financing mechanism have been understudied. We study an international setting of countries with different innovation and financing capabilities, and where financing ...
Amal Ahmad +2 more
wiley +1 more source
On fuzzy non-discrimination [PDF]
We show that the incompatibility between the Pareto principle and the notion of non-discrimination as presented in Xu (2000) continues to hold when the individuals have exact preferences and the social preference relation is allowed to be a reflexive and
Dinko Dimitrov
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