Markets and Democracy: Participation, Accountability and Efficiency - Brossura

Bowles, Samuel

Brossura

ISBN 10: 0521064112 ISBN 13: 9780521064118

Casa editrice: Cambridge University Press, 2008

Riassunto

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.

Su questo libro

Recensione:

"...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

Descrizione del libro:

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.

Su questa edizione

• Editore: Cambridge University Press
• Data di pubblicazione: 2008
• ISBN 10: 0521064112
• ISBN 13: 9780521064118
• Rilegatura: Copertina flessibile
• Numero edizione: 1
• Numero di pagine: 360