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Democratie. --- Nieuwe politieke economie. --- Public choice. --- Public choice school

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Economic conditions. Economic development --- Netherlands --- Economie --- Nederland --- Pays-Bas --- Recessions --- -328.18 <492> --- 334.754 <492> --- Business cycles --- Depressions --- Economic conditions --- -Public choice --- Public choice. --- -Recessions --- -Public choice. --- -Economic conditions. Economic development --- 328.18 <492> --- Economische toestand. Economische ontwikkeling

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Obwohl in fiskalföderalen Systemen Konsens über die Vorteilhaftigkeit der dezentralen Bereitstellung öffentlicher Güter besteht, zeigen sich große Unterschiede bei der Ausgestaltung von Finanzausgleichssystemen. Diese Unterschiede werden hier aus dem Blickwinkel der Anreizwirkungen analysiert. Dabei zeigt sich, dass die Anreizwirkungen wesentlich von der Informationsverteilung zwischen den Akteuren abhängen. Das Buch diskutiert sowohl die «Theorien der ersten Generation» ohne Informationsasymmetrien und unter Annahme eines wohlmeinenden Sozialplaners, als auch die «Theorien der zweiten Generation» mit Informationsasymmetrien und eigennützig handelnden Akteuren. Auf Grundlage dieser Erkenntnisse wird abschließend ein anreizeffizienter Finanzausgleich bei Informationsasymmetrie entworfen.

Anreizwirkungen --- Auktionstheorie --- Finanzausgleich --- Finanzausgleichssystemen --- Finanzausgleichsyst --- Föderalismus --- Kirn --- Mechanism Design --- Public Choice

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This open access book examines the chronic underperformance of economies with respect to inclusion, sustainability and resilience. It finds that the standard liberal economic growth and development model has evolved over the past century in a fundamentally unbalanced manner that underemphasizes the crucial role of institutions - legal norms, policy incentives and public administrative capacities - in translating market-based growth in the production of goods and services into broad and sustainable gains in social welfare at the household level. Correcting this imbalance of emphasis in economic theory and policy between markets and institutions, production and distribution, and national income and household living standards is the single most important step required to transcend 20th century trickle-down "neoliberalism" and replace it with a more human-centred model of economic progress in the 21st century. The book breaks new ground by integrating the principal institutional dimensions of the social contract into the heart of macroeconomic theory and presenting extensive corresponding reforms of domestic and international economic policy to refocus them on the median living standards, rather than primarily aggregate wealth or GDP, of nations. This is the bottom-line measure of national economic performance, and it depends on the strength of both markets of exchange and institutions in such areas as labour and social protection, financial and corporate governance, competition and rents, anti-corruption, infrastructure and basic necessities, environmental protection, education and skilling, etc. Extensive comparative data are presented demonstrating that countries at every level of economic development have ample policy space to narrow their "welfare gaps" - their underperformance on these and other key aspects of household living standards relative to the frontier of leading policy practice in peer countries. Richard Samans is Director of the International Labour Organization's Research Department and its Sherpa to the G20, G7 and BRICS processes. .

Labor economics. --- Environmental economics. --- Economics. --- Social choice. --- Labor Economics. --- Environmental Economics. --- Public Choice and Political Economy.

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This unique book develops an operational approach to preference and rationality as the author employs operators over binary relations to capture the concept of rationality. A preference is a basis of individual behavior and social judgment and is mathematically regarded as a binary relation on the set of alternatives. Traditionally, an individual/social preference is assumed to satisfy completeness and transitivity. However, each of the two conditions is often considered to be too demanding; and then, weaker rationality conditions are introduced by researchers. This book argues that the preference rationality conditions can be captured mathematically by “operators,” which are mappings from the set of operators to itself. This operational approach nests traditional concepts in individual/social decision theory and clarifies the underlying formal structure of preference rationality. The author also applies his approach to welfare economics. The core problem of ‘new welfare economics,’ developed by Kaldor, Hicks, and Samuelson, is the rationality of social preference. In this book the author translates the social criteria proposed by those three economists into operational forms, which provide new insights into welfare economics extending beyond ‘new welfare economics.’.

Economic theory. --- Welfare economics. --- Economics. --- Social Choice/Welfare Economics/Public Choice. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Economic theory --- Political economy --- Economic policy --- Economics --- Social policy --- Social sciences --- Economic man --- Social Choice/Welfare Economics/Public Choice/Political Economy.