Demand Revelation and the Provision of Public Goods

Demand Revelation and the Provision of Public Goods PDF Author: Edward Clarke
Publisher: iUniverse
ISBN: 0595089305
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
The demand revelation process has been called a new and superior process for making social choices and holds some promise of creating an intellectual revolution in economics and politics. It relies on a so-called “Clarke tax” or pivot mechanism to ensure that individuals will adequately consider the social cost of their influence on social outcomes, thereby ensuring truthful revelation of preferences and overcoming the “free rider” problem of public goods provisioning. Demand Revelation and the Provision of Public Goods outlines Clarke’s approach to use demand revelation in the creation of demand revealing markets accompanied by the improved management of social entitlements to public goods and services. Based on these refinements, he shows ways to achieve improved government performance in areas of taxation, spending and government regulatory management. In this revised edition of his original 1980 book, Clarke reviews other recent related work, notably Martin Bailey’s Constitution for a Future Country, which describes in detail how these advances in an improved political economy can be achieved.

Demand Revelation and the Provision of Public Goods

Demand Revelation and the Provision of Public Goods PDF Author: Edward Clarke
Publisher: iUniverse
ISBN: 0595089305
Category : Business & Economics
Languages : en
Pages : 298

Get Book Here

Book Description
The demand revelation process has been called a new and superior process for making social choices and holds some promise of creating an intellectual revolution in economics and politics. It relies on a so-called “Clarke tax” or pivot mechanism to ensure that individuals will adequately consider the social cost of their influence on social outcomes, thereby ensuring truthful revelation of preferences and overcoming the “free rider” problem of public goods provisioning. Demand Revelation and the Provision of Public Goods outlines Clarke’s approach to use demand revelation in the creation of demand revealing markets accompanied by the improved management of social entitlements to public goods and services. Based on these refinements, he shows ways to achieve improved government performance in areas of taxation, spending and government regulatory management. In this revised edition of his original 1980 book, Clarke reviews other recent related work, notably Martin Bailey’s Constitution for a Future Country, which describes in detail how these advances in an improved political economy can be achieved.

Using Surveys to Value Public Goods

Using Surveys to Value Public Goods PDF Author: Robert Cameron Mitchell
Publisher: Resources for the Future
ISBN: 9780915707324
Category : Business & Economics
Languages : en
Pages : 496

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Book Description
Provides decision makers, policy analysts, and social scientists, with a detailed discussion of a new techniques for the valuation of goods not traded in prevate markets.

Northwestern Journal of Technology & Intellectual Property V9.8

Northwestern Journal of Technology & Intellectual Property V9.8 PDF Author: Michael Carrier Et Al.
Publisher: Lulu.com
ISBN: 1105035530
Category :
Languages : en
Pages : 120

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Book Description


Culture and Social Theory

Culture and Social Theory PDF Author: Aaron Wildavsky
Publisher: Routledge
ISBN: 1351292064
Category : Political Science
Languages : en
Pages : 541

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Book Description
Aaron Wildavsky, along with Mary Douglas, identified what they called grid-group theory. Wildavsky began calling this "cultural theory," and applied it to an astounding array of subjects. The essays in this volume exemplify the theory's potential contributions to three seemingly disparate, but related, areas: the social construction of meaning, normative/analytic political philosophy, and a theory of rational choices. This book is the first in a series of Aaron Wildavsky's collected writings being published posthumously by Transaction. Wildavsky selected, sequenced, and grouped all but three of the essays included in Culture and Social Theory prior to his death. Some are presented here for the first time. Wildavsky's cultural theory provides ways to organize and interpret the world. In the first section, he shows how social scientists, particularly economists and sociologists, apply the theory. Wildavsky argues that concepts such as externalities, public goods, altruism, and even risk and rape are tools of rival, ubiquitous cultures engaged in perpetual struggle with one another. The second section deals with cultural theory as a way to interpret the works of normative and analytic political philosophers, including Thomas Hobbes and John Stuart Mill, on competing human objectives. Wildavsky argues that particular types of interaction among a society's cultures are necessary for effective realization of basic concepts such as democracy. In the third section, Wildavsky applies cultural theory in conjunction with instrumental rationality, the former as a theory of preference formation, the latter as a device for realizing preferences efficiently. High-priority objectives, and thus the character of norms and rational action, shift across cultures. The world and its various elements comprise a complex, frequently changing, and thus ambiguous reality, nowhere more so than in the dynamic contours of the United States. For cultural theory, individualistic, hierarchical, and egalitarian interpretations of the world are the only ones capable of forming and sustaining institutions and related patterns of social relations that will support human social groups. Wildavsky's central objective is to strip away the camouflage and to reveal varying domains of social life as fields of cultural competition. Culture and Social Theory will be a necessary addition to the libraries of political scientists, economists, and policymakers, not to mention all those who admire Aaron Wildavsky and his work.

The Clash of Economic Ideas

The Clash of Economic Ideas PDF Author: Lawrence H. White
Publisher: Cambridge University Press
ISBN: 1107012422
Category : Business & Economics
Languages : en
Pages : 439

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Book Description
This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.

Review of Austrian Economics, Volume 4

Review of Austrian Economics, Volume 4 PDF Author: Murray Rothbard
Publisher: Ludwig von Mises Institute
ISBN: 1610161637
Category :
Languages : en
Pages : 274

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Book Description


Why Perestroika Failed

Why Perestroika Failed PDF Author: Peter J Boettke
Publisher: Routledge
ISBN: 1134886306
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
Perestroika was acclaimed in the west but brought empty shelves in the east. Why Perestroika Failed argues that this was inevitable because it was not based on a sound understanding of market and political processes. Even if the perestroika programme had been carried out to the full it would have failed to bring about the structural changes necessa

Economics for the Wilds

Economics for the Wilds PDF Author: Edward B. Barbier
Publisher: Routledge
ISBN: 100069898X
Category : Nature
Languages : en
Pages : 204

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Book Description
Originally published in 1992 Economics for the Wilds argues that an economics that properly values the resources of the wilds offers the best long-term security for their future. Most of the world’s wilds have, in fact, always been utilized by local societies who have managed their resources sustainably, and one important guarantee for their preservation is therefore the continued participation of those communities and an adequate reward to them for their management. The book looks at the complexity and global nature of the issues, at the application of economics to the wilds and at the policies for their conservation and sustainable management which then result. It also examines specific forms of utilization of wild species and habitats, both sustainable and unsustainable, and including community-based development, tourism, the use of rainforest products, poaching and the impact of conservation on wildlife use. The book concludes that a comprehensive utilization strategy for wild resources is needed to ensure their continued existence and the continued flow of benefits from them.

Public Finance and Public Policy

Public Finance and Public Policy PDF Author: Arye L. Hillman
Publisher: Cambridge University Press
ISBN: 1139475371
Category : Business & Economics
Languages : en
Pages : 861

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Book Description
The second edition of Public Finance and Public Policy retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics are integrated throughout. The consequences of asymmetric information and the tradeoff between efficiency and ex-post equality are recurring themes. Key themes investigated are markets and governments, institutions and governance, public goods, public finance for public goods, market corrections (externalities and paternalist public policies), voting, social justice, entitlements and equality of opportunity, choice of taxation, and the need for government. The purpose of the book is to provide an accessible introduction to the use of public finance and public policy to improve on market outcomes.

Public Goods

Public Goods PDF Author: Raymond G. Batina
Publisher: Springer Science & Business Media
ISBN: 3540276386
Category : Business & Economics
Languages : en
Pages : 429

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Book Description
A wide-ranging survey of the theory and evidence on public goods, presenting the main literature on public goods, both theoretical and empirical, in a systematic manner. The breadth and depth of the book's coverage extends the existing literature in many ways.