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Ethical Economics or Economical Ethics? Considerations out of Carl Menger
Carl Menger advanced a narrow definition of exact or theoretical economics. Theoretical economics is the study of the self-interested aspect of human...
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Tailoring social welfare and energy transition for an aging population
This study employs OECD panel data from 2005 to 2021 and utilizes the CS-ARDL (Cross-sectionally Augmented Autoregressive Distributed Lag) method to...
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Evolutionary alternatives to equilibrium frameworks in economics education
To have multiple perspectives for analyzing an economy is valuable in and of itself. For the complex system economy, they offer ways for researchers...
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Berge equilibrium, altruism and social welfare
Welfare and other properties of Berge equilibria are investigated. In particular, we address the questions to what extent Berge equilibrium can...
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The Economic Tradition and the Problem of Social Order: Hans Albert’s Critique of Welfare Economics and the Perspective of Constitutional Political Economy
The paper discusses Hans Albert’s ambivalent relation to economics, his rejection of its neoclassical version and his approval of its classical...
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The Behavioral Economics of Healthy and Sustainable Food Consumption
This chapter provides an overview of the behavioral economics and the psychology of consumer decision-making regarding healthy and sustainable food.... -
Can we all be Denmark? The role of civic attitudes in welfare state reforms
Research has demonstrated the economic effectiveness of welfare state reforms that follow the Danish flexicurity model, broadly specifying the...
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Behavioral Public Policy in a Global Context Practical Lessons from Outside the Nudge Unit
The academic field of behavioral science has developed rapidly in recent decades. The field draws on research from across the social and natural...
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Welfare Reforms and the Leviathan State
Should cash transfers replace targeted in-kind food transfers and public works program? Can making welfare provisions universally applicable make the... -
The wisdom of classical political economy in economics: incorporated or lost?
Is everything good in political economy incorporated into modern graduate education in economics? With the transition of the art of political economy...
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Behavioral strong implementation
Choice behavior is rational if it is based on the maximization of some context-independent preference relation. This study re-examines the questions...
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Social identity and risky leisure activities: implications for welfare and policy
In this paper, we build on theories in psychology and economics and link positional preferences to private agents’ identification with a social...
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Debiasing or regularisation? Two interpretations of the concept of ‘true preference’ in behavioural economics
I reconsider Bleichrodt, Pinto Prades and Wakker’s (BPW) 2001 paper about eliciting utility measures from stated preference surveys. That paper...
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The Basic Assumptions of Previous Economics
The economy, when studying the textbooks of economics, seems inevitably and unavoidably to be a fluctuating, hovering, and trembling tightrope walk... -
Tax morale: a global sco** review from the cultural approach to economics
There is significant academic debate on how culture influences tax morale. The existing works in the field use several approaches, methods, and...
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Monitoring, metering and Menger: A conciliatory basis for a genuine institutional economics
Carl Menger’s objective in his seminal book, Principles of Economics , was to elucidate a unified account of price formation. This raises a question,...
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Intergenerational Transformation of Empirical Research in Economics
This chapter outlines the evolution of empirical economicsEmpirical economics across three generations. Initially, the conventional... -
Behavioral Economic Consequences of Disasters: A Basis for Inclusion in Benefit–Cost Analysis
The purpose of this paper is to develop an analytical framework for estimating the behavioral effects of disasters and their economic consequences....
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Economics of the community mechanism
This paper discusses the importance of the community mechanism that complements the market and power mechanisms in an economic system during an era...