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Full Description
First published in 1987, Incentives and Economic Systems is a selection of papers presented at the Eighth Arne Ryde Symposium at Frostavallen, Sweden on how institutions attempt to guide individual behaviour by manipulating the social and economic incentive system. These economic and social aspects of incentives determine 'rational' and 'irrational' behaviour by individuals and organizations across various economic systems. The essays in the volume deal with various aspects of the incentive problems and the various manifestations of such problems, along with moral and ethical issues. The essays will be an enlightening read for students of economics, policymaking and international politics.
Contents
List of Contributors Preface Introduction 1. The Formation of Incentive Mechanisms in different Economic Systems 2. Incentives to Share Knowledge and Risk: An Aspect of the Japanese Industrial Organization 3. Labour Incentives and Collective Wage Systems in Soviet Industry 4. Labour Hoarding and Attempts at Labour Saving in the Soviet Economy 5. Soft Options in Central Control 6. Economic Incentives in Soviet Pre-War Economic Thought 7. Chinese Reforms from a Soviet Perspective 8. Market-related Incentives and Food Production in Tanzania: Theory and Experience 9. Kibbutz Efficiency and the Incentive Conundrum 10. The Share Economy: Plausibility and Viability of Weitzman's Model 11. An Economic Theory of Workfare 12. British Work Incentives and the IR/DHSS Effective Tax System: An Essay Designed to Provoke Discussion 13. 'Productive' and 'Non-Productive' Economic Activities: A Note on Haavelmo Index
