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基本説明
This book reveals the power of economic thought to offer innovative solutions to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, etc.
Full Description
This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.
Contents
Steven Landsburg: Foreword
1: Alexander Tabarrok: Introduction
Part I. Wealth and Health Insurance
2: Stefano Athanasoulis, Robert Shiller, and Eric van Wincoop: Macro Markets and Financial Security
3: Alexander Tabarrol: Gene Insurance
4: John H. Cochrane: Time-Consistent Health Insurance
Part II. The Use of Information in Markets
5: Robin D. Hanson: Decision Markets
Part III. The Shortage of Human Organs
6: Andy H. Barnett, Roger D. Blair, and David L. Kaserman: A Market for Organs
7: Alexander Tabarrok: The Organ Shortage: A Tragedy of the Commons?
Part IV. Efficient Justice
8: Steven Landsburg: A Modest Proposal to Improve Judicial Incentives
9: Morgan Reynolds: Privatizing Probation and Parole
10: David Friedman: More Justice for Less Money: A Step beyond Cimino
Part V. Bankruptcy and Securities Regulation
11: Philippe Aghion, Oliver Hart, and John Moore: Improving Bankruptcy Procedure
12: Roberta Romano: Empowering Investors: A Market Approach to Securities Regulation
Part VI. Patents without Monopoly
13: Michael Kremer: Patent Buyouts: A Mechanism for Encouraging Innovation
VII. Urban Transit
14: Daniel B. Klein, Adrian T. Moore, and Binyam Reja: Curb Rights: Eliciting Competition and Entrepreneurship in Urban Transit
Index
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