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Economic Questions (economic + question)
Selected AbstractsA Mechanism for Inducing Cooperation in Noncooperative Environments: Theory and ApplicationsJOURNAL OF PUBLIC ECONOMIC THEORY, Issue 1 2006CHRISTOPHER J. ELLIS We construct a market-based mechanism that induces players in a noncooperative game to make the same choices as characterize cooperation. We then argue that this mechanism is applicable to a wide range of economic questions and illustrate this claim using the problem of "The Tragedy of the Commons." [source] Fitting Ethics to the Land: H. Richard Niebuhr's Ethic of Responsibility and EcotheologyJOURNAL OF RELIGIOUS ETHICS, Issue 2 2002Judith N. Scoville Much of ecotheology and environmental philosophy has moved deductively from theological and ethical constructs to questions of how we should relate to the natural world. Such approaches are limited in their ability to guide us toward appropriate environmental action for they do not necessarily fit the way the natural world actually functions. Niebuhr's ethic of response, on the other hand, begins with the concrete situation and is inherently ecological for it focuses on interrelationships in an on-going community. It is inductive in character and open to being informed by new findings in the natural and social sciences; thus it is exceptionally well suited to environmental problems, which involve complex scientific, social, and economic questions. [source] Overcoming the Neglect of Economics in Urban Regime TheoryJOURNAL OF URBAN AFFAIRS, Issue 3 2003David L. Imbroscio Nevertheless, regime theory has been hampered by its failure to engage economic questions in a sustained and systematic way, leaving it limited in both empirical and prescriptive terms. This article presents an agenda for research that allows for the engagement of economic questions in a way that enhances the strength of urban regime theory vis-à-vis economic determinist theories of urban politics. It then sketches some possible paths this research might take, with most of the attention given to developing the rudiments of a new alternative economics for regime theory. It also illustrates how this new alternative economic paradigm can potentially generate the conditions necessary for bringing about a fundamental reconstruction of urban regimes. [source] Constructivity, Computability and Computers in Economic Theory: Some Cautionary NotesMETROECONOMICA, Issue 2-3 2004K. Vela Velupillai ABSTRACT An overview of the varieties of mathematics that underpin the functioning of a computer is attempted in this paper. Against the backdrop of such an overview, the question is posed whether, and to what extent, the economist has respected these varieties of mathematics in posing economic questions and seeking answers via it, i.e. the computer. The answers are not particularly edifying for the economist. [source] WHY SOCIAL PREFERENCES MATTER , THE IMPACT OF NON-SELFISH MOTIVES ON COMPETITION, COOPERATION AND INCENTIVESTHE ECONOMIC JOURNAL, Issue 478 2002Ernst Fehr A substantial number of people exhibit social preferences, which means they are not solely motivated by material self-interest but also care positively or negatively for the material payoffs of relevant reference agents. We show empirically that economists fail to understand fundamental economic questions when they disregard social preferences, in particular, that without taking social preferences into account, it is not possible to understand adequately (i) effects of competition on market outcomes, (ii) laws governing cooperation and collective action, (iii) effects and the determinants of material incentives, (iv) which contracts and property rights arrangements are optimal, and (v) important forces shaping social norms and market failures. [source] | |||||||||||||