Stefan Traub - Böcker

Almost all advanced democracies have launched significant privatization programs over the last three decades. However, while there was a global run into privatization, substantial cross-national differences in the divesture of state-owned enterprises can be observed. This book focuses on the political economy of privatization, and addresses the questions 'What are the driving forces behind this development and how can the variation be explained?' which are of both theoretical and empirical interest. While the topic itself is not new, the existing comparative literature on the political economy of privatization suffers from at least two major shortcomings: First, recent macro-quantitative analysis in political science and economics has only focused on material privatization; formal privatization has hitherto been neglected due to an absence of data, even though this type of privatization is of eminent relevance in the public utility sectors. Second, most of the empirical studies in this area treat countries as independent units. In reality, however, policy decisions are likely to be interdependent. Policy decisions taken in one country influence the decision-making process in others. Given these shortcomings in the existing literature, the idea of this volume is to supply a fresh and comprehensive overview of the political economy of privatization using a new data set, the REST database. The empirical analysis covers 20 OECD countries in the period between 1980 and the advent of the global economic crisis in 2008. The recent economic crisis provides a good opportunity to take stock of the changing role of government in economic over the last three decades.

This Festschrift in honor ofChristian Seidl combines a group of prominent authors who are experts in areas like public economics, welfare economic, decision theory, and experimental economics in a unique volume. Christian Seidl who has edited together with Salvador Barber` a ` and Peter Hammond the Handbook of Utility Theory (appearing at Kluwer Academic Publishers/Springer Economics), has dedicated most of his research to utility and decision theory, social choice theory, welfare economics, and public economics. During the last decade, he has turned part of his attention to a research tool that is increasingly gaining in importance in economics: the laboratory experiment. This volume is an attempt to illuminate all facets of Christian Seidl’s ambitious research agenda by presenting a collection of both theoretical and expe- mental papers on Utility,Choice,andWelfare written by his closest friends, former students, and much valued colleagues. Christian Seidl was born on August 5, 1940, in Vienna, Austria. Beginning Winter term 1962/63, he studied Economics and Business Administration at the Vienna School of Economics (then “Hochschule fff¨ ur ¨ Welthandel”). 1966 he was awarded an MBA by the Vienna School of Economics and 1969 a doctoral degree in Economics. In October 1968 Christian became a research assistant at the Institute of Economics at the University of Vienna. 1973 he acquired his habilitation (right to teach) in Economics — supervised by Wilhelm Weber — from the Department of Law and Economics of the University of Vienna. He was awarded the Dr.

"The Festschrift in honor of Christian Seidl" gathers a group of prominent authors being experts in areas like Public Economics, Welfare Economics, Social Choice Theory, Public Choice Theory, Decision Theory and Experimental Economics. Christian Seidl, known as one of the editors of the three-volume "Handbook of Utility Theory", has dedicated his research to utility-theoretic fundamentals, and the welfare implications of individual and group decision making. During the last decade, he has turned part of his attention to a research tool that has gained a lot of importance in economics: the laboratory experiment. The Advances in Public Economics: Utility Choice and Welfare is an attempt to illuminate all facets of Christian Seidl's research agenda by presenting an ambitious collection of both purely theoretical and experimental papers on utility, choice and welfare, written by his closest friends and colleagues.

This book explores the foundations and potential of a theory of need-based distributive justice, supported by experimental evidence. The core idea is that need-based distributive justice may have some legitimatory advantages over other important principles of distribution, like equality and equity, and therefore involves less dispute over the distribution and redistribution of scarce resources.In seven chapters, eleven scholars from the fields of philosophy, psychology, sociology, political science and economics outline the normative and positive building blocks of such a theory by critically reviewing the literature on distributive justice from their respective disciplinary perspectives. They address important theoretical and practical issues concerning the rationality of needs identification at the individual level and the recognition of needs at the societal level. They also investigate whether and how the dynamics of distribution procedures that allocate resourcesaccording to the need principle leads to social stability, focusing on the economic incentives that arise from need-based redistribution. The final chapter provides a synthesis and outlines a framework for a theory of justice based on ten hypotheses derived from the insights presented.

This book explores the foundations and potential of a theory of need-based distributive justice, supported by experimental evidence. The core idea is that need-based distributive justice may have some legitimatory advantages over other important principles of distribution, like equality and equity, and therefore involves less dispute over the distribution and redistribution of scarce resources.In seven chapters, eleven scholars from the fields of philosophy, psychology, sociology, political science and economics outline the normative and positive building blocks of such a theory by critically reviewing the literature on distributive justice from their respective disciplinary perspectives. They address important theoretical and practical issues concerning the rationality of needs identification at the individual level and the recognition of needs at the societal level. They also investigate whether and how the dynamics of distribution procedures that allocate resourcesaccording to the need principle leads to social stability, focusing on the economic incentives that arise from need-based redistribution. The final chapter provides a synthesis and outlines a framework for a theory of justice based on ten hypotheses derived from the insights presented.

This book develops an empirically informed normative theory of need-based justice, summarizing core findings of the DFG research group FOR2104 “Need-based Justice and Distributive Procedures”. In eleven chapters scholars from the fields of economics, political science, philosophy, psychology, and sociology cover the identification and rationale of needs, the recognition and legitimacy of needs, the dynamics and stability of procedures of distributions according to needs, and the consequences and sustainability of need-based distributions. These four areas are studied from the perspective of two mechanisms of need objectification, the social objectification by the discursive generation of mutual understanding (transparency) and the factual objectification by the transfer of decisions to uninvolved experts (expertise). The volume addresses academics in the fields of justice research, ethics, political theory, social choice and welfare, framing, individual and group decision making, inequality and redistribution, as well as advanced students in the contributing disciplines.

This book develops an empirically informed normative theory of need-based justice, summarizing core findings of the DFG research group FOR2104 “Need-based Justice and Distributive Procedures”.

​This is the first book that performs international and intertemporal comparisons of uniform tax progression with empirical data. While conventional measures of tax progression suffer from serious disadvantages for empirical analyses, this book extends uniform measures to progression comparisons of countries with different income distributions. Tax progression is analyzed in terms of Lorenz curve and Suits curve equivalents of net incomes and taxes. The authors derive six distinct definitions of the relation "is more progressive than", which are then utilized for an empirical analysis of 13 countries included in the Luxembourg Income Study (LIS). In two thirds of all international comparisons of tax progression, the authors report a clear ranking of the respective countries in terms of progression dominance. Tax based definitions of greater progressivity perform best. These observations are yet reinforced by statistical tests. The book also provides an account of the institutional background of the involved countries in order to facilitate the interpretation of the data. Moreover, the authors conduct intertemporal comparisons of tax progression for selected countries and perform a sensitivity analysis with respect to the parameterization of the equivalence scale.

​This is the first book that performs international and intertemporal comparisons of uniform tax progression with empirical data. While conventional measures of tax progression suffer from serious disadvantages for empirical analyses, this book extends uniform measures to progression comparisons of countries with different income distributions. Tax progression is analyzed in terms of Lorenz curve and Suits curve equivalents of net incomes and taxes. The authors derive six distinct definitions of the relation "is more progressive than", which are then utilized for an empirical analysis of 13 countries included in the Luxembourg Income Study (LIS). In two thirds of all international comparisons of tax progression, the authors report a clear ranking of the respective countries in terms of progression dominance. Tax based definitions of greater progressivity perform best. These observations are yet reinforced by statistical tests. The book also provides an account of the institutional background of the involved countries in order to facilitate the interpretation of the data. Moreover, the authors conduct intertemporal comparisons of tax progression for selected countries and perform a sensitivity analysis with respect to the parameterization of the equivalence scale.