Human agency and material welfare: revisions in microeconomics and their implications for public policy
Human agency means the ability and desire of individuals to choose how well they work and how they work. The central role of agency can be traced to the work of the late Harvey Leibenstein, inventor of x-efficiency theory and contributor to principal-agent theory
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Boston [u.a.]
Kluwer
1996
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Schlagworte: | |
Zusammenfassung: | Human agency means the ability and desire of individuals to choose how well they work and how they work. The central role of agency can be traced to the work of the late Harvey Leibenstein, inventor of x-efficiency theory and contributor to principal-agent theory In this book, the author extends the basic agency model where choice of effort affects productivity and efficiency to one in which choice of effort also affects choice of technology. Further, the author argues that higher wages do not necessarily mean lower profits - for instance, higher wages may "shock" a firm into becoming more x-efficient, thus raising its marginal-product-of-labor curve. The book argues against traditional neoclassical beliefs including such ideas as competitive markets erode discrimination and that the integration of firms through mergers and acquisitions can save substantial transaction costs. In summary, this book calls for a new approach to the study of economics from a socio-economic and behavioral perspective |
Beschreibung: | XII, 133 S. graph. Darst. |
ISBN: | 0792398181 |
Internformat
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520 | 3 | |a Human agency means the ability and desire of individuals to choose how well they work and how they work. The central role of agency can be traced to the work of the late Harvey Leibenstein, inventor of x-efficiency theory and contributor to principal-agent theory | |
520 | |a In this book, the author extends the basic agency model where choice of effort affects productivity and efficiency to one in which choice of effort also affects choice of technology. Further, the author argues that higher wages do not necessarily mean lower profits - for instance, higher wages may "shock" a firm into becoming more x-efficient, thus raising its marginal-product-of-labor curve. The book argues against traditional neoclassical beliefs including such ideas as competitive markets erode discrimination and that the integration of firms through mergers and acquisitions can save substantial transaction costs. In summary, this book calls for a new approach to the study of economics from a socio-economic and behavioral perspective | ||
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Datensatz im Suchindex
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---|---|
any_adam_object | |
author | Altman, Morris |
author_facet | Altman, Morris |
author_role | aut |
author_sort | Altman, Morris |
author_variant | m a ma |
building | Verbundindex |
bvnumber | BV011579780 |
callnumber-first | H - Social Science |
callnumber-label | HB95 |
callnumber-raw | HB95.A47 1996 |
callnumber-search | HB95.A47 1996 |
callnumber-sort | HB 295 A47 41996 |
callnumber-subject | HB - Economic Theory and Demography |
classification_rvk | QC 100 QC 160 |
ctrlnum | (OCoLC)35574581 (DE-599)BVBBV011579780 |
dewey-full | 338.520 338.5 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 338 - Production |
dewey-raw | 338.5 20 338.5 |
dewey-search | 338.5 20 338.5 |
dewey-sort | 3338.5 220 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Book |
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id | DE-604.BV011579780 |
illustrated | Illustrated |
indexdate | 2024-07-09T18:12:10Z |
institution | BVB |
isbn | 0792398181 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007797900 |
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physical | XII, 133 S. graph. Darst. |
publishDate | 1996 |
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publisher | Kluwer |
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spelling | Altman, Morris Verfasser aut Human agency and material welfare revisions in microeconomics and their implications for public policy Morris Altman Boston [u.a.] Kluwer 1996 XII, 133 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Human agency means the ability and desire of individuals to choose how well they work and how they work. The central role of agency can be traced to the work of the late Harvey Leibenstein, inventor of x-efficiency theory and contributor to principal-agent theory In this book, the author extends the basic agency model where choice of effort affects productivity and efficiency to one in which choice of effort also affects choice of technology. Further, the author argues that higher wages do not necessarily mean lower profits - for instance, higher wages may "shock" a firm into becoming more x-efficient, thus raising its marginal-product-of-labor curve. The book argues against traditional neoclassical beliefs including such ideas as competitive markets erode discrimination and that the integration of firms through mergers and acquisitions can save substantial transaction costs. In summary, this book calls for a new approach to the study of economics from a socio-economic and behavioral perspective Arbeidsmarkt gtt Instituties gtt Micro-economie gtt Neoklassieke school gtt Technologie gtt Arbeitsmarkt Free enterprise Neoclassical school of economics Labor costs Labor market Competition, Imperfect Wohlstand (DE-588)4128492-6 gnd rswk-swf Wirtschaftliches Verhalten (DE-588)4197971-0 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content Wohlstand (DE-588)4128492-6 s Wirtschaftliches Verhalten (DE-588)4197971-0 s DE-604 |
spellingShingle | Altman, Morris Human agency and material welfare revisions in microeconomics and their implications for public policy Arbeidsmarkt gtt Instituties gtt Micro-economie gtt Neoklassieke school gtt Technologie gtt Arbeitsmarkt Free enterprise Neoclassical school of economics Labor costs Labor market Competition, Imperfect Wohlstand (DE-588)4128492-6 gnd Wirtschaftliches Verhalten (DE-588)4197971-0 gnd |
subject_GND | (DE-588)4128492-6 (DE-588)4197971-0 (DE-588)4143413-4 |
title | Human agency and material welfare revisions in microeconomics and their implications for public policy |
title_auth | Human agency and material welfare revisions in microeconomics and their implications for public policy |
title_exact_search | Human agency and material welfare revisions in microeconomics and their implications for public policy |
title_full | Human agency and material welfare revisions in microeconomics and their implications for public policy Morris Altman |
title_fullStr | Human agency and material welfare revisions in microeconomics and their implications for public policy Morris Altman |
title_full_unstemmed | Human agency and material welfare revisions in microeconomics and their implications for public policy Morris Altman |
title_short | Human agency and material welfare |
title_sort | human agency and material welfare revisions in microeconomics and their implications for public policy |
title_sub | revisions in microeconomics and their implications for public policy |
topic | Arbeidsmarkt gtt Instituties gtt Micro-economie gtt Neoklassieke school gtt Technologie gtt Arbeitsmarkt Free enterprise Neoclassical school of economics Labor costs Labor market Competition, Imperfect Wohlstand (DE-588)4128492-6 gnd Wirtschaftliches Verhalten (DE-588)4197971-0 gnd |
topic_facet | Arbeidsmarkt Instituties Micro-economie Neoklassieke school Technologie Arbeitsmarkt Free enterprise Neoclassical school of economics Labor costs Labor market Competition, Imperfect Wohlstand Wirtschaftliches Verhalten Aufsatzsammlung |
work_keys_str_mv | AT altmanmorris humanagencyandmaterialwelfarerevisionsinmicroeconomicsandtheirimplicationsforpublicpolicy |