- A-Z
- Jena Economic Resea...
- Volume 7
- Fairness That Money...
- Abgebildete Person
- Erschienen
- 10. Januar 2013
- Nummer des Discussion-Papers
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2013-003
- Schlagwort(e)
-
Constitutional Political Economy
Crowding Out
Egalitarian Mechanisms
Fair Procedures
Governing the Commons
Non-State Communities
Unanimity
- Zusammenfsg.
-
We suggest that procedures of monetarized bidding can facilitate co-operation in Elinor Ostrom type common(s) projects without crowding out communitarian faculties of "self-governance". Axioms securing procedurally egalitarian bidding on the basis of declared monetary evaluations are introduced. They guarantee that all realized changes of a status quo are in an "objective" (pecuniary) sense equally advantageous for all members of the community. Some empirical evidence that procedurally fair bidding can promote communitarian co-operation rather than crowding it out, is presented. The practical scope and limits of procedural egalitarianism need further empirical exploration, though.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- H4 - Publicly Provided Goods; H61 - Budget; Budget Systems ; D62 - Externalities ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D71 - Social Choice; Clubs; Committees; Associations