The market does not spontaneously generate democratic or participatory economic institutions. This book asks whether a modern, efficient economy can be rendered democratically accountable and, if so, what strategic changes might be required to regulate the market-mediated interaction of economic agents. The contributors bring contemporary microeconomic theory to bear on a range of related issues, including the relationship between democratic firms and efficiency in market economies; incentives and the relative merits of various forms of internal democratic decision-making; and the effects of democratically accountable firms on innovation, saving, investment, and on the informational and disciplinary aspects of markets. Various approaches to the study of economic interaction (game theory, transactions' cost analysis, social choice theory, rent-seeking, etc.) are considered in an attempt to understand the relationship between power and efficiency in market economies.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
The market does not spontaneously generate democratic or participatory economic institutions. This book asks whether a modern, efficient economy can be rendered democratically accountable and, if so, what strategic changes might be required to regulate the market-mediated interaction of economic agents. The contributors bring contemporary microeconomic theory to bear on a range of related issues, including the relationship between democratic firms and efficiency in market economies; incentives and the relative merits of various forms of internal democratic decision-making; and the effects of democratically accountable firms on innovation, saving, investment, and on the informational and disciplinary aspects of markets. Various approaches to the study of economic interaction (game theory, transactions' cost analysis, social choice theory, rent-seeking, etc.) are considered in an attempt to understand the relationship between power and efficiency in market economies.
"...Markets and Democracy is the sort of collection many readers will find useful." Journal of Economic Literature
"The book contains much else of interest including a substantial, unified bibliography. In spite of the game-theoretic approach, I learned a lot from it. Because of the game-theoretic approach, orthodox economists will too." William M. Dugger, Journal of Economic Issues
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Paperback. Etat : new. Paperback. The market does not spontaneously generate democratic or participatory economic institutions. This book asks whether a modern, efficient economy can be rendered democratically accountable and, if so, what strategic changes might be required to regulate the market-mediated interaction of economic agents. The contributors bring contemporary microeconomic theory to bear on a range of related issues, including the relationship between democratic firms and efficiency in market economies; incentives and the relative merits of various forms of internal democratic decision-making; and the effects of democratically accountable firms on innovation, saving, investment, and on the informational and disciplinary aspects of markets. Various approaches to the study of economic interaction (game theory, transactions' cost analysis, social choice theory, rent-seeking, etc.) are considered in an attempt to understand the relationship between power and efficiency in market economies. The market does not spontaneously generate democratic or participatory economic institutions. The contributors to this book use contemporary microeconomic theory to study whether a modern, efficient economy can be rendered democratically accountable and, if so, what strategic changes might be required to regulate the market-mediated interaction of economic agents. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9780521064118
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Etat : New. This book asks whether a modern, efficient economy can be rendered democratically accountable. Editor(s): Bowles, Samuel; Gintis, Herbert; Gustafsson, Bo. Num Pages: 360 pages, 5 tables. BIC Classification: KCA; KCP. Category: (P) Professional & Vocational. Dimension: 153 x 229 x 26. Weight in Grams: 544. . 2008. 1st Edition. paperback. . . . . N° de réf. du vendeur V9780521064118
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Etat : New. This book asks whether a modern, efficient economy can be rendered democratically accountable. Editor(s): Bowles, Samuel; Gintis, Herbert; Gustafsson, Bo. Num Pages: 360 pages, 5 tables. BIC Classification: KCA; KCP. Category: (P) Professional & Vocational. Dimension: 153 x 229 x 26. Weight in Grams: 544. . 2008. 1st Edition. paperback. . . . . Books ship from the US and Ireland. N° de réf. du vendeur V9780521064118
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