The dramatic implosions of the centrally administered, non-democratic political systems in central and eastern Europe in the late 1980s have generated a body of research concerning the transition from public ownership, and the role of the market and other institutions in engendering good incentives for economic actors. The essays collected in this volume study property relations, their associated incentives and the consequent effects on welfare: the ubiquitous theme is that efficiency cannot be divorced from the distribution of productive assets.
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About the Author
John E. Roemer is Professor of Economics at the University of California, Davis, where he is also Director of the Program on Economy, Justice and Society. He is the author of over 90 academic articles and eight books including Egalitarian Perspectives: Essays in Philosphical Economics and A Future for Socialism. Roemer is on the board of several academic journals, and is associate editor of the Journal of Economic Perspectives, the Journal of Economic Literature and Economic Design. He has been a Fellow of the Econometric Society since 1986.
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Inside This Book
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First Sentence:
The institution of sharecropping tenancy and its inefficiency has long fascinated development economists, especially following the famous footnotes on the subject in Marshall (1920). Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
continuation finance, standard property rights theory, democratic firm, low unemployment equilibrium, landlord monopoly, worker wealth, farmer monopoly, informational rents, residual claimancy, composite explanation, farmer ownership, vaguely defined cooperatives, financial transition, feasible contracts, restructured firm, auditing costs, privatization funds, ante investments, positive surplus, enterprise restructuring, bad firms, labour shedding, ownership modes, effort incentives, insider control Key Phrases - Capitalized Phrases (CAPs): (learn more)
Journal of Political Economy, New York, East Germany, American Economic Review, Czech Republic, Review of Economic Studies, Cambridge University Press, Oxford University Press, West German, University of California, Quarterly Journal of Economics, World Bank, Journal of Finance, Columbia University, Harvard University Press, University of Chicago Press, China's Rural Industry, Clarendon Press, Die Wirtschaft, Journal of Economic Literature, Journal of Economic Perspectives, Journal of Economic Theory, References Aghion, Soviet Union, The Free Press New!
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
The institution of sharecropping tenancy and its inefficiency has long fascinated development economists, especially following the famous footnotes on the subject in Marshall (1920). Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
continuation finance, standard property rights theory, democratic firm, low unemployment equilibrium, landlord monopoly, worker wealth, farmer monopoly, informational rents, residual claimancy, composite explanation, farmer ownership, vaguely defined cooperatives, financial transition, feasible contracts, restructured firm, auditing costs, privatization funds, ante investments, positive surplus, enterprise restructuring, bad firms, labour shedding, ownership modes, effort incentives, insider control Key Phrases - Capitalized Phrases (CAPs): (learn more)
Journal of Political Economy, New York, East Germany, American Economic Review, Czech Republic, Review of Economic Studies, Cambridge University Press, Oxford University Press, West German, University of California, Quarterly Journal of Economics, World Bank, Journal of Finance, Columbia University, Harvard University Press, University of Chicago Press, China's Rural Industry, Clarendon Press, Die Wirtschaft, Journal of Economic Literature, Journal of Economic Perspectives, Journal of Economic Theory, References Aghion, Soviet Union, The Free Press New!
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Citations (learn more)
This book cites 59
books:
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3
books
cite this book:
- The Economic Institutions of Capitalism by Oliver E. Williamson on 4 pages
- Game Theory by Drew Fudenberg on page 350, and page 388
- The Modern Corporation and Private Property by Adolph A. Berle on page 164, and page 210
- European Financial Integration by Alberto Giovannini on page 189
- Modern labor economics by Ronald G Ehrenberg on page 388
See all 59 books this book cites
- Economies in Transition: Comparing Asia and Europe by Wing Thye Woo in Back Matter
- Recasting East Germany: Social Transformation after the GDR by Chris Flockton on page 31
- Corporate Governance and Economic Performance by Klaus Gugler on page 59
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