Distribution of Scarce Goods

Distribution of Scarce Goods
Author :
Publisher :
Total Pages : 62
Release :
ISBN-10 : IND:30000090277140
ISBN-13 :
Rating : 4/5 (40 Downloads)

Synopsis Distribution of Scarce Goods by : Edward Russell Hawkins

Local Justice

Local Justice
Author :
Publisher : Russell Sage Foundation
Total Pages : 294
Release :
ISBN-10 : 9781610441834
ISBN-13 : 1610441834
Rating : 4/5 (34 Downloads)

Synopsis Local Justice by : Jon Elster

The well-being of individuals routinely depends on their success in obtaining goods and avoiding burdens distributed by society. Local Justice offers the first systematic analysis of the principles and procedures used in dispensing "local justice" in situations as varied as the admission of students to college, the choice of patients for organ transplants, the selection of workers for layoffs, and the induction of men into the army. A prominent theorist in the field of rational choice and decision making, Jon Elster develops a rich selection of empirical examples and case studies to demonstrate the diversity of procedures used by institutions that mete out local justice. From this revealing material Elster fashions a conceptual framework for understanding why institutions make these crucial allocations in the ways they do. Elster's investigation discloses the many complex and varied approaches of such decision-making bodies as selective service and adoption agencies, employers and universities, prison and immigration authorities. What are the conflicting demands placed on these institutions by the needs of applicants, the recommendations of external agencies, and their own organizational imperatives? Often, as Elster shows, methods of allocation may actually aggravate social problems. For instance, the likelihood that handicapped or minority infants will be adopted is further decreased when agencies apply the same stringent screening criteria—exclusion of people over forty, single parents, working wives, and low-income families—that they use for more sought-after babies. Elster proposes a classification of the main principles and procedures used to match goods with individuals, charts the interactions among these mechanisms of local justice, and evaluates them in terms of fairness and efficiency. From his empirical groundwork, Elster builds an innovative analysis of the historical processes by which, at given times and under given circumstances, preferences become principles and principles become procedures. Local Justice concludes with a comparison of local justice systems with major contemporary theories of social justice—utilitarianism, John Rawls's A Theory of Justice, Robert Nozick's Anarchy, State, and Utopia—and discusses the "common-sense conception of justice" held by professional decision makers such as lawyers, economists, and politicians. The difference between what we say about justice and how we actually dispense it is the illuminating principle behind Elster's book. A perceptive and cosmopolitan study, Local Justice is a seminal work for all those concerned with the formation of ethical policy and social welfare—philosophers, economists, political scientists, health care professionals, policy makers, and educators.

The Distribution of Wealth – Growing Inequality?

The Distribution of Wealth – Growing Inequality?
Author :
Publisher : Edward Elgar Publishing
Total Pages : 229
Release :
ISBN-10 : 9781783476442
ISBN-13 : 1783476443
Rating : 4/5 (42 Downloads)

Synopsis The Distribution of Wealth – Growing Inequality? by : Michael Schneider

This book answers a number of important questions about the distribution of wealth among people and the way that this distribution has changed over time. It provides a comprehensive analysis of the personal distribution of wealth from many dimensions: economic, statistical, ethical, political, sociological and legal. Using data from 21 countries, this book demonstrates how inequality in the distribution of wealth varies between different parts of the world and how it evolves, with particular emphasis on the claim that there has been a long-term and continued increase in inequality since the 1970s in most countries. It discusses alternative ways of measuring the degree of inequality, analyses Thomas Piketty's claim that society has become more unequal in recent decades, and assesses the relative importance of the various determinants of the distribution of wealth. The authors explain why the distribution of wealth is unequal, and discuss how it could be changed with alternative policies and the possible consequences of these policies for economic efficiency. The authors also compare the different distributions of wealth that are implied by alternative views of society. This is a valuable resource for students and academics in economics, political science and sociology seeking a state-of-the-art account of the theory and evidence surrounding inequality in the distribution of wealth.

Voluntary National Content Standards in Economics

Voluntary National Content Standards in Economics
Author :
Publisher : Council for Economic Educat
Total Pages : 122
Release :
ISBN-10 : 1561834335
ISBN-13 : 9781561834334
Rating : 4/5 (35 Downloads)

Synopsis Voluntary National Content Standards in Economics by : National Council on Economic Education

This essential guide for curriculum developers, administrators, teachers, and education and economics professors, the standards were developed to provide a framework and benchmarks for the teaching of economics to our nation's children.

Governing Access to Essential Resources

Governing Access to Essential Resources
Author :
Publisher : Columbia University Press
Total Pages : 390
Release :
ISBN-10 : 9780231540766
ISBN-13 : 0231540760
Rating : 4/5 (66 Downloads)

Synopsis Governing Access to Essential Resources by : Katharina Pistor

Essential resources do more than satisfy people's needs. They ensure a dignified existence. Since the competition for essential resources, particularly fresh water and arable land, is increasing and standard legal institutions, such as property rights and national border controls, are strangling access to resources for some while delivering prosperity to others, many are searching for ways to ensure their fair distribution. This book argues that the division of essential resources ought to be governed by a combination of Voice and Reflexivity. Voice is the ability of social groups to choose the rules by which they are governed. Reflexivity is the opportunity to question one's own preferences in light of competing claims and to accommodate them in a collective learning process. Having investigated the allocation of essential resources in places as varied as Cambodia, China, India, Kenya, Laos, Morocco, Nepal, the arid American West, and peri-urban areas in West Africa, the contributors to this volume largely concur with the viability of this policy and normative framework. Drawing on their expertise in law, environmental studies, anthropology, history, political science, and economics, they weigh the potential of Voice and Reflexivity against such alternatives as pricing mechanisms, property rights, common resource management, political might, or brute force.

The Rate and Direction of Inventive Activity

The Rate and Direction of Inventive Activity
Author :
Publisher : Princeton University Press
Total Pages : 647
Release :
ISBN-10 : 9781400879762
ISBN-13 : 1400879760
Rating : 4/5 (62 Downloads)

Synopsis The Rate and Direction of Inventive Activity by : National Bureau of Economic Research

The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Laplace Distribution and Generalizations

The Laplace Distribution and Generalizations
Author :
Publisher : Springer Science & Business Media
Total Pages : 358
Release :
ISBN-10 : 9781461201731
ISBN-13 : 146120173X
Rating : 4/5 (31 Downloads)

Synopsis The Laplace Distribution and Generalizations by : Samuel Kotz

This book describes the inferential and modeling advantages that this distribution, together with its generalizations and modifications, offers. The exposition systematically unfolds with many examples, tables, illustrations, and exercises. A comprehensive index and extensive bibliography also make this book an ideal text for a senior undergraduate and graduate seminar on statistical distributions, or for a short half-term academic course in statistics, applied probability, and finance.

Allocation of Scarce Commodities Through Voluntary Agreements

Allocation of Scarce Commodities Through Voluntary Agreements
Author :
Publisher :
Total Pages : 64
Release :
ISBN-10 : UCAL:B4806961
ISBN-13 :
Rating : 4/5 (61 Downloads)

Synopsis Allocation of Scarce Commodities Through Voluntary Agreements by : United States. Department of Commerce. Office of Industry Cooperation

Income Distribution in Macroeconomic Models

Income Distribution in Macroeconomic Models
Author :
Publisher : Princeton University Press
Total Pages : 440
Release :
ISBN-10 : 9781400865093
ISBN-13 : 1400865093
Rating : 4/5 (93 Downloads)

Synopsis Income Distribution in Macroeconomic Models by : Giuseppe Bertola

This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.

Scarce Goods

Scarce Goods
Author :
Publisher : Bloomsbury Publishing USA
Total Pages : 270
Release :
ISBN-10 : 9780313390807
ISBN-13 : 0313390800
Rating : 4/5 (07 Downloads)

Synopsis Scarce Goods by : Tom Koch

In 1841 the American sailing ship William Brown struck an iceberg. About half of the passengers and all of the crew were saved in two small, open boats. The next night, half of the passengers in the larger long-boat were thrown overboard because the boat was overfull. This was the first case of lifeboat ethics, of hard choices in the face of scarcity. Since then the question has been who should die so that others, equally needy, might live? Both the case of the William Brown and the ethics it spawned have been used in recent years to describe the problem of health care rationing generally, and organ transplantation specifically. Koch reexamines and reinterpretes the paradigm case of lifeboat ethics, the story of the William Brown, not as an unavoidable tragedy, but as an avoidable series of errors. Its relation to more general issues of distributive justice are then considered. The lessons learned from both the historical review and its application to distributive principles are then applied to the problem of graft organ distribution in the United States. Through the use of maps, the problem of organ distribution is considered at a range of scales, from the international to the urban. The contextual issues become more evident as one moves from international to hemispheric, fron national to regional, and then local systems. Finally, Koch reviews the lessons in light of other problems of distribution in the face of scarcity. The central lesson-that scarcity is exacerbated where it is not in fact created by our distributive programs-is explored thoroughly. The result is no good choices for anyone and the continuation of the scarcity that for most seems inevitable, but, from the evidence provided, is itself an outcome of inequalities of distribution at different scales of society. Of particular interest to students, scholars, and policymakers involved with issues of planning and health care economics, medical geography, and concepts of justice.