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by Edward E. Zajac
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Politics & Government
  • Author:
    Edward E. Zajac
  • ISBN:
    0262240386
  • ISBN13:
    978-0262240383
  • Genre:
  • Publisher:
    The MIT Press (March 23, 1995)
  • Pages:
    344 pages
  • Subcategory:
    Politics & Government
  • Language:
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    1585 kb
  • ePUB format
    1521 kb
  • DJVU format
    1905 kb
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    4.3
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Political Economy of Fairness covers the main advances of fairness theory, providing a vocabulary of concepts and terms that will allow more efficient and informed communication about policy.

Political Economy of Fairness covers the main advances of fairness theory, providing a vocabulary of concepts and terms that will allow more efficient and informed communication about policy.

MIT Press Direct is a distinctive collection of influential MIT Press books .

MIT Press Direct is a distinctive collection of influential MIT Press books curated for scholars and libraries worldwide. Established in 1962, the MIT Press is one of the largest and most distinguished university presses in the world and a leading publisher of books and journals at the intersection of science, technology, art, social science, and design.

In Political Economy of Fairness Edward Zajac seeks not only to raise the level of the fairness-economic . How should the government balance the aims of justice and economic efficiency when intervening in the economy?

In Political Economy of Fairness Edward Zajac seeks not only to raise the level of the fairness-economic efficiency debate, but to show both the importance and the difficulty (illustrated by the ongoing struggle of the Supreme Court to put meaning into the Sherman and Clayton antitrust acts) of getting the economic theory right in executing fairness-motivated policy. How should the government balance the aims of justice and economic efficiency when intervening in the economy?

Zajac, Edward E. Publication, Distribution, et. Cambridge, Mass. The MIT Press, (c)1995.

Zajac, Edward E. book below: (C) 2016-2018 All rights are reserved by their owners. Download book Political economy of fairness, Edward E. Zajac online for free.

Political Economy of Fairness (The MIT Press).

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The political and economic transformation now emerging in Latin America, as some countries eschew rigid ideologies and adopt a more pragmatic combination of neoclassical orthodoxies and progressive social policies

The political and economic transformation now emerging in Latin America, as some countries eschew rigid ideologies and adopt a more pragmatic combination of neoclassical orthodoxies and progressive social policies. Neither socialism nor free-market neoliberalism has been a very helpful model for Latin America.

The Political Economy of Regional Integration

p. cm. Includes bibliographical references and index. The Political Economy of Regional Integration. Economic Theories Political Theories An Eclectic Approach Conclusion. Seminars sponsored by the Dickey Center, the Department of Political Science of MIT, the Department of Political Science at the University of Vermont, the Central European University (Budapest), and the Department of Polit-ical Science at Boston College enabled me to receive outstanding criti-cisms of my ideas.

How should governments balance the aims of justice and economic efficiency when intervening in the economy? This work seeks not only to raise the level of the fairness-economic efficiency debate, but also to show both the importance and the difficulty (illustrated by the ongoing struggle of the American Supreme Court to put meaning into the Sherman and Clayton antitrust acts) of getting the economic theory right in executing fairness-motivated policy. It also reveals both the pervasiveness of government interference in the marketplace and the generality of the stakeholders-fairness-efficiency paradigm as an organizing framework for identifying and analyzing the interaction of the major elements in the policy debates. This text covers the main advances of fairness theory, providing a vocabulary of concepts and terms that will allow more efficient and informed communication about policy. It explains these concepts and reviews the experimental work of economists as well as the more standard approaches of moral philosophers. Part One looks at how economists understand and commonly define the concepts of efficiency, costs, prices, exit/entry, externalities, public goods, firms, risks and incentives and principal-agent theory. Part Two reviews fairness theory, including the basic elements of the theories of John Rawls, Robert Nozick, utilitarianism and superfairness, along with the work of experimental economists to develop positive theories of fairness. Part Three covers economic theories of regulation and government intervention, introducing the concepts of taxation, "cures" for market failures, theories of public choice and rent seeking. The author concludes this part by observing that incentive-compatible regulation appears to economists as the most promising approach to government intervention. The book closes with several case studies that illustrate recurrent themes in regulation and policy. The case studies include progressive taxation, unfair pricing (cross-subsidization and predatory pricing and dumping), mergers and acquisitions, and health, safety and environmental regulation.