Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 10 of 10

Full-Text Articles in Social and Behavioral Sciences

How Not To Prevent Oil Crises: Challenge For An Education President Aug 1997

How Not To Prevent Oil Crises: Challenge For An Education President

International Bulletin of Political Psychology

This article describes several problematic approaches that are components of lay psychology.


Adam Smith On The Virtues: A Partial Resolution Of The Adam Smith Problem, Spencer J. Pack Mar 1997

Adam Smith On The Virtues: A Partial Resolution Of The Adam Smith Problem, Spencer J. Pack

Economics Faculty Publications

Adam Smith's definition of justice as a moral virtue based on the "passion" of resentment in 'The Theory of Moral Sentiments' (1759), despite seeming contradictions, supports his analysis of an acquisitive, commercial society in 'The Wealth of Nations' (1774) partly by precluding the concept of a just price.


Relativism, Reflective Equilibrium, And Justice, Justin Schwartz Jan 1997

Relativism, Reflective Equilibrium, And Justice, Justin Schwartz

Justin Schwartz

THIS PAPER IS THE CO-WINNER OF THE FRED BERGER PRIZE IN PHILOSOPHY OF LAW FOR THE 1999 AMERICAN PHILOSOPHICAL ASSOCIATION FOR THE BEST PUBLISHED PAPER IN THE PREVIOUS TWO YEARS.

The conflict between liberal legal theory and critical legal studies (CLS) is often framed as a matter of whether there is a theory of justice that the law should embody which all rational people could or must accept. In a divided society, the CLS critique of this view is overwhelming: there is no such justice that can command universal assent. But the liberal critique of CLS, that it degenerates into ...


Dividends, Noncontractibility, And Corporate Law, William W. Bratton Jan 1997

Dividends, Noncontractibility, And Corporate Law, William W. Bratton

Faculty Scholarship at Penn Law

No abstract provided.


Generalized Corner Solution Models In Recreation Demand , Daniel James Phaneuf Jan 1997

Generalized Corner Solution Models In Recreation Demand , Daniel James Phaneuf

Retrospective Theses and Dissertations

When examining consumer behavior using household level data, it is typical in many applications to find that consumers consume only a subset of the available goods, setting their demand to zero for the remaining goods. Examples of this include labor supply and food demand, as well as the demand for Leisure Studies; In multiple site recreation demand data sets, one usually observes that individuals visit only a subset of the available recreation sites, yet visit these sites multiple times during a season. Theoretically, these corner solutions are effectively modeled using non-negativity constraints in the utility maximization problem. Empirically estimating such ...


Credibility Of Economic Reform And Foreign Direct Investment In The Former Soviet Union Region , Yuri Y. Yermakov Jan 1997

Credibility Of Economic Reform And Foreign Direct Investment In The Former Soviet Union Region , Yuri Y. Yermakov

Retrospective Theses and Dissertations

Economic transition from socialist to market-based economy has been the subject of intense economic research in the last two decades. However, there are very few publications that address the transitional issues from the traditional microeconomics theory prospective. This dissertation focuses on several transitional issues. The first topic is: what is the economic nature and major characteristics of economic reform? Secondly, the dissertation focuses on the relationship between the government and private sector in the reform environment. In the end, the focus of the dissertation shifts to the question of economic reform credibility and of finding the most efficient ways to ...


Gatt, Dispute Settlement And Cooperation: A Reply, Dan Kovenock, Marie Thursby Jan 1997

Gatt, Dispute Settlement And Cooperation: A Reply, Dan Kovenock, Marie Thursby

Economics Faculty Articles and Research

In our 1992 paper, we analyzed GATT and its dispute settlement procedure (DSP) in the context of a supergame model of international trade featuring both explicit (GATT) and implicit (non-GATT) agreements. Our paper departed from the previous economics literature on GATT enforcement (see, for instance Hungerford (1991) and Ludema (1990)) by incorporating the ``twin engines of international obligation and retaliation'' (Hudec, 1990). International obligation imposed a cost of violating an explicit international agreement, such as GATT, while retaliation could take place either within the rules stipulated by the international agreement or by punishment outside of the agreement. In Section 2 ...


A Spatial Econometric Model For Transboundary Air Pollution Control Treaties: An Analysis Of Noncooperative International Behavior , Keith Allen Sargent Jan 1997

A Spatial Econometric Model For Transboundary Air Pollution Control Treaties: An Analysis Of Noncooperative International Behavior , Keith Allen Sargent

Retrospective Theses and Dissertations

This dissertation develops a theoretical model that explains differences in emission reductions of transboundary air pollutants among nations based on national income, political freedom, the cost of emission reductions, emissions from other countries, the type of pollutant, and the pollutant's dispersion characteristics. The model is based on the theory of the private provision of impure public goods. This theoretical model is then used to derive a reduced form demand equation for emission reductions that can be econometrically estimated using spatial autoregressive techniques for time-series cross-section data;The econometric model is applied to 25 European nations and covers the period ...


External Shocks And The Real Exchange Rate: A Simulation Model For Egypt , Khalifa Hassanain Jan 1997

External Shocks And The Real Exchange Rate: A Simulation Model For Egypt , Khalifa Hassanain

Retrospective Theses and Dissertations

In March 1990, the Government of Egypt (GOE) launched a comprehensive economic and social reform program (ERSAP) to strengthen Egypt's ongoing adjustment program. The reform program constituted a major break from the policies pursued in the past, and had the underlying objective of modernizing the country and improving living standards. While the program has scored many successes, many observers of the Egyptian economy believe that the real exchange rate (RE) is currently out of equilibrium;The RE prevailing in a country at any point in time is determined by two main factors: structural (e.g., external capital flows, changes ...


The Measurement Of Market Power: Short-Run, Long-Run, And Dynamic Adjustment Models , Moon Mo Goo Jan 1997

The Measurement Of Market Power: Short-Run, Long-Run, And Dynamic Adjustment Models , Moon Mo Goo

Retrospective Theses and Dissertations

This study presents an industry analysis of market structure and demonstrates the use of theory-consistent models following the NEIO tradition. The objective of this dissertation is to measure the degree of market power within the context of each of three models: short-run, and long-run equilibrium models, and a dynamic cost of adjustment model with strategic capital investment; and to see how inferences of market power differ across the three cases. The models' differences in this dissertation center on the role of investment in capital. Specification tests are conducted between the short-run versus the long-run, and the short-run versus the dynamic ...