Year: 1981
Author: Frey, Bruno S.
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 101 (1981), Iss. 4 : pp. 361–377
Abstract
In the current theory of economic policy one can distinguish a quantitative, an economic order (Ordnungspolitik), and a pragmatic variant. The following building stones can be derived for a future theory: (1) The levels of the constitutional consensus (where rules are determined behind the veil of uncertainty) and of current politico-economic process; (2) The emphasis on incentives and constraints of individuals as decision-makers (economic model of behaviour); (3) The development of a theoretical and empirical analysis of democratic political processes and institutions. The integration of these aspects leads to a "theory of democratic policy".
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.101.4.361
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 101 (1981), Iss. 4 : pp. 361–377
Published online: 1981-04
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 17
Author Details
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Wirtschaftspolitik der Systemtransformation
Systemtransformation als Wandel von Ordnungen
Bleuel, Hans-H.
1996
https://doi.org/10.1007/978-3-663-09142-4_3 [Citations: 0]