Markets vs. government when rationality is unequally bounded: some consequences of cognitive inequalities for theory and policy

Pelikan, Pavel

[working paper]

dc.contributor.author	Pelikan, Pavel	de
dc.date.accessioned	2011-10-10T13:52:00Z	de
dc.date.accessioned	2015-05-05T09:40:19Z
dc.date.available	2015-05-05T09:40:19Z
dc.date.issued	2006	de
dc.identifier.issn	1437-1510	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/42897
dc.description.abstract	"Recognizing that human rationality has bounds that are unequal across individuals entails treating it as a special scarce resource, tied to individuals and used for deciding on its own uses. This causes a meta-mathematical difficulty to the axiomatic theories of human capital and resource allocation, and raises a new problem for comparative institutional analysis, allowing it to explain some so far little understood differences between markets and government. The policy implications strengthen the case against national planning, selective industrial policies, and government ownership of enterprises, but weaken the case against paternalism." (author's abstract)	en
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.title	Markets vs. government when rationality is unequally bounded: some consequences of cognitive inequalities for theory and policy	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.volume	06/5	de
dc.publisher.country	DEU
dc.publisher.city	Freiburg	de
dc.source.series	Freiburger Diskussionspapiere zur Ordnungsökonomik
dc.subject.classoz	Wirtschaftspolitik	de
dc.subject.classoz	Economic Policy	en
dc.subject.thesoz	Rationalität	de
dc.subject.thesoz	rationality	en
dc.subject.thesoz	Ressourcen	de
dc.subject.thesoz	resources	en
dc.subject.thesoz	Kapital	de
dc.subject.thesoz	capital	en
dc.subject.thesoz	Markt	de
dc.subject.thesoz	market	en
dc.subject.thesoz	Wirtschaft	de
dc.subject.thesoz	economy	en
dc.subject.thesoz	Regierung	de
dc.subject.thesoz	government	en
dc.subject.thesoz	Vergleich	de
dc.subject.thesoz	comparison	en
dc.subject.thesoz	Wirtschaftspolitik	de
dc.subject.thesoz	economic policy	en
dc.subject.thesoz	Metatheorie	de
dc.subject.thesoz	metatheory	en
dc.subject.thesoz	Mathematik	de
dc.subject.thesoz	mathematics	en
dc.subject.thesoz	Institution	de
dc.subject.thesoz	institution	en
dc.date.modified	2012-05-04T12:20:00Z	de
dc.rights.licence	Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung	de
dc.rights.licence	Deposit Licence - No Redistribution, No Modifications	en
ssoar.contributor.institution	USB Köln	de
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10055950
internal.identifier.thesoz	10039665
internal.identifier.thesoz	10041542
internal.identifier.thesoz	10034440
internal.identifier.thesoz	10053629
internal.identifier.thesoz	10040090
internal.identifier.thesoz	10047774
internal.identifier.thesoz	10034826
internal.identifier.thesoz	10052177
internal.identifier.thesoz	10045047
internal.identifier.thesoz	10047601
dc.type.stock	monograph	de
dc.type.document	Arbeitspapier	de
dc.type.document	working paper	en
dc.rights.copyright	f	de
dc.source.pageinfo	39	de
internal.identifier.classoz	1090302
internal.identifier.document	3
dc.contributor.corporateeditor	Walter Eucken Institut e.V.
internal.identifier.corporateeditor	498
internal.identifier.ddc	330
dc.description.pubstatus	Veröffentlichungsversion	de
dc.description.pubstatus	Published Version	en
internal.identifier.licence	3
internal.identifier.pubstatus	1
internal.identifier.review	2
dc.description.misc	false	de
internal.identifier.series	750
dc.subject.classhort	10900	de
dc.identifier.handle	https://hdl.handle.net/10419/4365
internal.check.abstractlanguageharmonizer	CERTAIN

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Wirtschaftspolitik
Economic Policy

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