Homo Oeconomicus
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A Comment on “What Is Wrong with the West’s Economies?” by Edmund Phelps
Homo Oeconomicus - Tập 33 - Trang 37-41 - 2016
Professor Phelps has written a plea for social, technological, and economic
innovation as the key to human flourishing. I cannot see how the middle class
drab life could be alleviated by innovation. This paper criticises his views and
argues that people need what I call openings (opportunities) that channel their
natural activities in the right way.
Some Impossibility Results on the Converse Consistency Principle in Bargaining
Homo Oeconomicus - Tập 37 - Trang 59-65 - 2020
We investigate the existence of solutions satisfying converse consistency
together with other well-known axioms in the context of bargaining. Our results
are negative. First, we show that there is no solution satisfying converse
consistency together with Pareto optimality and contraction independence.
Second, we show that there is no solution satisfying converse consistency
together with Pareto op...
Land Grabbing and Ethnic Conflict
Homo Oeconomicus - Tập 33 - Trang 243-260 - 2016
We study the effect of large-scale land acquisitions on the risk of ethnic
tensions for a sample of 133 countries for the 2000–2012 period. Running a
series of fractional response models, we find that more land grabbing activity
is associated with a higher risk of ethnic tensions, indicating that the
negative effects of land deals outweigh their potential benefits. In addition to
that, we also sho...
Historical Migration and Geographic Clustering of Prominent Western Philosophers
Homo Oeconomicus - - 2017
Anti-Western Conspiracy Thinking in China and Russia: Empirical Evidence and its Link to Expectations of Collusion
Homo Oeconomicus - Tập 36 - Trang 135-163 - 2019
We report some preliminary evidence on the spread of anti-Western conspiracy
thinking in Russia and China as well as on whether it correlates with decisions
made in nonpolitical settings. We conduct a survey of students at two
universities in Moscow and Beijing, as well as an implement experimental game in
which participants make costly decisions as to whether they expect (pairs of)
other particip...
The Democracy of the Future: Do Voters Want It?
Homo Oeconomicus - Tập 35 - Trang 133-141 - 2018
Frey (Homo Oeconomicus 34(1):1–9, 2017) makes several proposals to reform and
extend democracy. In this contribution, we first consider the desirability of
these proposals from the point of view of a rational self-interested individual.
We then conduct a questionnaire to quantify the actual support among voters. It
turns out that many proposals lack support in both cases. We conclude that in
makin...
Public Economies and the Endogenous Choice of Institutions
Homo Oeconomicus - Tập 35 - Trang 185-206 - 2018
In this paper we provide a framework in which to formalize the seminal work of
Elinor Ostrom on the study of public economies, a prominent theoretical
construct aimed at providing answers to the following questions: (1) why are
some societies able to solve their collective action problems and others are
not? and (2) why do societies choose the particular institutions they choose
from a vast array ...
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