In search for rules that secure gains from cooperation: the heuristic value of social dilemmas for normative institutional economics

作者: Martin Petrick , Ingo Pies

DOI: 10.1007/S10657-007-9014-X

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摘要: We ask how normative statements are possible within an economic theory framework that recognises the importance of institutional arrangements. Instead applying established outcome-oriented criteria social welfare, we examine whether rules interaction allow acquisition gains from cooperation. suggest to reconstruct any as existing or repealed dilemma. This approach helps identify common rule interests which create room for improvement all parties involved, and desirable reforms. Our policy applications include unemployment problem rural credit markets.

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