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Written by leading scholars from various disciplines, this book presents current research on topics such as public choice, game theory, and political economy. It features contributions on fundamental, methodological, and empirical issues around the concepts of power and responsibility that strive to bridge the gap between different disciplinary approaches. The contributions fall into roughly four sub-disciplines: voting and voting power, public economics and politics, economics and philosophy, as well as labor economics.
On the occasion of his 75th birthday, this book is written in honor of Manfred J. Holler, an economist by training and profession whose work as a guiding light has helped advance our understanding of the interdisciplinary connections of concepts of power and responsibility. He has written many articles and books on game theory, and worked extensively on questions of labor economics, politics, and philosophy.
List of contents
Chapter 1. Instead of an introduction - Manfred on his 75th Birthday (Heinz Kurz).- Part I. Economics and Philosophy.- Chapter 2. Three Types of Dramatic Irony (Timo Airaksinen).- Chapter 3. Defence is of Much More Importance than Opulence: Adam Smith on the Political Economy of War (Heinz Kurz).- Part II. Labor Economics.- Chapter 4. Relative Absence Concerns, Positional Consumption Preferences and Working Hours (Laszlo Goerke).- Chapter 5. Power, Responsibility and Social Policy: The Impact of Basic Income in a Competitive Experimental Labor Market (Veera Jokipalo).- Part III. Voting and Voting Power.- Chapter 6. Computing the Public Good index for weighted voting games with precoalitions using dynamic programming (Jochen Staudacher).- Chapter 7. The Art and Beauty of Voting Power (Sascha Kurz).- Chapter 8. An application of power indices for the family of weighted majority games in partition function form (José Alonso Meijide).- Chapter 9. Measuring Voting Power in Complex Shareholding Structures: a Public Good Index Approach (Izabella Stach).
About the author
Martin Leroch is a Professor of Economics and Ethics for Economics and Business at Pforzheim University (Germany). His research focuses on Philosophy & Economics, Behavioral Economics and Law & Economics.
Florian Rupp is a Professor of Mathematics at the Kutaisi International University (Germany). His research interests comprise dynamical systems, their stability and bifurcations, and applications in Biology and in the Social Sciences.
