On The Poitical Economy of the April Uprising of 1876

2021 ◽  
Vol 29 (4) ◽  
pp. 339-356
Author(s):  
Pencho Penchev
Keyword(s):  
Economic Analysis ◽  
Free Rider ◽  
Time Span ◽  
Primary Sources ◽  
Free Rider Problem ◽  
Political Views ◽  
The Future

Based on a politico-economic analysis, the paper provides answers to important questions about the April Uprising of 1876: why the Bulgarians revolted, why many Bulgarians did not revolt, and why the uprising was relatively short as a time-span. According to the available primary sources the Bulgarians who revolted in April 1876 revolted because they were relatively wealthy and as such they had something to lose. Revolutionary sentiments, however, did not prevail in their political views concerning the Bulgarian question. Here comes the role of the propaganda lie about the authority planned massacre of the Bulgarians. As a result, live and property of the future rebels, were considered as endangered. The response to the threat is a risky and desperate anti-state uprising. The organizers of the uprising did not overcome the free-rider problem. The population in the insurgent settlements was left to pay the price of putting the Bulgarian question before Europe. Additional difficulties in the implementation of a relatively mass riot pose the short deadlines for its preparation. They resulted in high prices of and do not allow the supply of larger quantities of weapons and gunpowder.

Of Law and Economics and Economic Analysis of Law: The Role of the Lawyer

Global Jurist ◽  
2019 ◽  
Vol 19 (3) ◽  
Author(s):  
Guido Calabresi
Keyword(s):  
Economic Analysis ◽  
Law And Economics ◽  
Economic Analysis Of Law ◽  
Yale University ◽  
The Future

Abstract This is the first chapter of The Future of Law and Economics: Essays in Reform and Recollection by Guido Calabresi, first published by Yale University Press in 2016.

scholarly journals A new theoretical analysis of deindustrialisation

2013 ◽  
Vol 38 (6) ◽  
pp. 1373-1390 ◽  
Author(s):  
Fiona Tregenna
Keyword(s):  
Theoretical Analysis ◽  
Economic Analysis ◽  
Surplus Value ◽  
Sectoral Structure ◽  
The Future ◽  
Sectoral Shift

Abstract The analysis of deindustrialisation has been led by heterodox economists, especially those in the structuralist and Kaldorian traditions, based on a conception of sectoral specificity and the role of manufacturing in growth. Sectors are not the units of Marxian economic analysis, but thinking through the meaning of sectors in Marxian terms allows for an analysis of the meaning and implications of a change in sectoral structure. Deindustrialisation is the sectoral shift that has been most prominent in recent decades and which is likely to have significant implications for the future of capitalism. This article develops an original Marxian theorisation of deindustrialisation. This conceptualisation includes a distinction between two forms of deindustrialisation. As well as taking into account changes in sectoral structure, the proposed typology considers whether such changes are associated with a shift between those activities that produce surplus value and those that do not or only a shift in the composition of surplus-value-producing activities. The distinction between different forms of deindustrialisation allows for an arguably richer analysis of this phenomenon than in more narrowly sector-based approaches.

scholarly journals Main lessons for finance of the 2007-2009 crisis

2010 ◽  
Vol 7 (4) ◽  
pp. 62-65
Author(s):  
Tom Berglund
Keyword(s):  
Financial Crisis ◽  
Economic Analysis ◽  
Financial Markets ◽  
Information Asymmetry ◽  
Asset Values ◽  
The Future ◽  
Role Of Information

This paper discusses issues that should receive an increased weight in how finance is being taught in the future, based on the experiences of the financial crisis of 2007-2009. The three specific lessons are: the role of basic economic analysis in understanding the foundations of asset values, the shortcomings of diversification as a method to reduce risks, and the increased role of information asymmetry in crisis stricken financial markets.

Takeover Bidding and Shareholder Information

2012 ◽  
Vol 1 (1) ◽  
pp. 1-27 ◽  
Author(s):  
Robert Marquez ◽  
Bilge Yılmaz
Keyword(s):  
Shareholder Value ◽  
Free Rider ◽  
Precise Information ◽  
Free Rider Problem ◽  
Acquisition Price

We study the role of shareholder information during the acquisition of widely held firms. When target shareholders share the same information about the post-takeover value, increasing the precision of information has no effect on the expected acquisition price. However, more precise information aggravates the free-rider problem, allowing shareholders to better discern when it is worthwhile to hold out rather than tender their shares. By contrast, when information is dispersed among shareholders, providing shareholders with superior information induces the raider to offer higher prices, thus increasing shareholder value. However, in this case, neither prices nor tendering decisions aggregate any information. (JEL G34, D82)

scholarly journals Domestic Policies as Strategic Measures in Multinational Markets

2016 ◽  
Vol 9 (1) ◽  
pp. 1
Author(s):  
Ali Dadpay
Keyword(s):  
Free Rider ◽  
Public Firms ◽  
Free Riders ◽  
Free Rider Problem ◽  
Strategic Measures ◽  
Private And Public ◽  
Domestic Policies

<p>This paper studies the role of privatization and subsidization policies as trade strategies in a single multinational market where private and public firms of different nationalities interact. It finds out when a country subsidizes its industry the rival country would have the incentive to retaliate by adopting a subsidization regime to prevent a free riders’ situation from happening when it moves to liberalize the market. However this step does not eliminate the free rider problem governments are facing in this market when they privatize their public firms unilaterally. </p>

LESS THAN THEY BARGAINED FOR: UNION BARGAINING FEES IN CERTIFIED AGREEMENTS- A MATTER OF LAW, POLITICS OR PUBLIC POLICY?

2005 ◽  
Vol 10 (2) ◽  
pp. 408
Author(s):  
GUY DONOVAN
Keyword(s):  
Public Policy ◽  
Industrial Relations ◽  
Free Rider ◽  
Financial Security ◽  
Freedom Of Association ◽  
High Court ◽  
Free Rider Problem ◽  
Workplace Relations ◽  
The Government

<div class="page" title="Page 1"><div class="layoutArea"><div class="column"><p><span>[</span><span>The High Court of Australia’s decision in </span><span>Electrolux No 3</span><span>, combined with the Australian government’s changes to workplace relations law, has en- sured that unions are prohibited from charging bargaining fees. The gov- ernment claimed to have prohibited the fees on the basis that they offend the principle of “freedom of association”. However, the government failed to consider other policy considerations and considerable international precedents that suggest if bargaining fees are limited to an amount cover- ing bargaining services alone, they provide unions with a beneficial source of financial security, whilst also overcoming the free-rider problem and maintaining respect for the concept of voluntary unionism. Therefore, it is perhaps incorrect to suggest that the prohibition of bargaining fees was prescribed by the government on the basis of some overriding concern for the freedom of association. Rather it seems more realistic to suggest that freedom of association was the guise under which the government was able to further marginalise the role of unions in industrial relations in or- der to promote its own ideological and economic agenda</span><span>.] </span></p></div></div></div>

Challenges of Fear Conditioning Research in the Age of RDoC

2017 ◽  
Vol 225 (3) ◽  
pp. 189-199 ◽  
Author(s):  
Tina B. Lonsdorf ◽  
Jan Richter
Keyword(s):  
Fear Conditioning ◽  
Clinical Diagnosis ◽  
Research Domain Criteria ◽  
Major Focus ◽  
The Future ◽  
Definition Of ◽  
Methodological Considerations ◽  
Research Domain

Abstract. As the criticism of the definition of the phenotype (i.e., clinical diagnosis) represents the major focus of the Research Domain Criteria (RDoC) initiative, it is somewhat surprising that discussions have not yet focused more on specific conceptual and procedural considerations of the suggested RDoC constructs, sub-constructs, and associated paradigms. We argue that we need more precise thinking as well as a conceptual and methodological discussion of RDoC domains and constructs, their interrelationships as well as their experimental operationalization and nomenclature. The present work is intended to start such a debate using fear conditioning as an example. Thereby, we aim to provide thought-provoking impulses on the role of fear conditioning in the age of RDoC as well as conceptual and methodological considerations and suggestions to guide RDoC-based fear conditioning research in the future.

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