Efficiency, Institutions, and Economic Policy
. Ed(S): Pethig, Rudiger; Schlieper, Ulrich
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Description for Efficiency, Institutions, and Economic Policy
Paperback. Editor(s): Pethig, Rudiger; Schlieper, Ulrich. Num Pages: 225 pages, biography. BIC Classification: KC. Category: (P) Professional & Vocational. Dimension: 244 x 170 x 12. Weight in Grams: 421.
In a neoclassical world the existence of non-zero transaction costs, nonconvex technologies, public goods and so on creates inefficiencies which can be dealt with by various institutions. But, institutions can create inefficiencies of their own. This volume addresses the issue of efficiency and institutions from different angles. First, the efficiency of modern welfare states is analyzed on a general level where topics like social justice, redistribution and rent seeking are studied in an environment of pressure groups and self-interested politicians (papers by Streit, Schlieper, Wickstrom). Second, several papers deal with more specific issues like intergenerational transfers in a social insurance ... Read more
In a neoclassical world the existence of non-zero transaction costs, nonconvex technologies, public goods and so on creates inefficiencies which can be dealt with by various institutions. But, institutions can create inefficiencies of their own. This volume addresses the issue of efficiency and institutions from different angles. First, the efficiency of modern welfare states is analyzed on a general level where topics like social justice, redistribution and rent seeking are studied in an environment of pressure groups and self-interested politicians (papers by Streit, Schlieper, Wickstrom). Second, several papers deal with more specific issues like intergenerational transfers in a social insurance ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
225
Condition
New
Number of Pages
225
Place of Publication
Berlin, Germany
ISBN
9783642730665
SKU
V9783642730665
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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