Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/4342
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dc.contributor.authorVanberg, Viktor J.en_US
dc.date.accessioned2009-01-29T14:12:13Z-
dc.date.available2009-01-29T14:12:13Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/4342-
dc.description.abstractThe paper approaches the "market versus state" issue from the perspective ofconstitutional political economy, a research program that has been advanced as a principalalternative to traditional welfare economics and its perspective on the relation between marketand state. Constitutional political economy looks at market and state as different kinds of socialarenas in which people may realize mutual gains from voluntary exchange and cooperation. Theworking properties of these arenas depend on their respective constitutions, i.e. the rules of thegame that define the constraints under which individuals are allowed, in either arena, to pursuetheir interests. It is argued that "improving" markets means to adopt and to maintain an economicconstitution that enhances consumer sovereignty, and that "improvement" in the political arenameans to adopt and to maintain constitutional rules that enhance citizen sovereignty.en_US
dc.language.isoengen_US
dc.relation.ispartofseries|aFreiburg discussion papers on constitutional economics |x04/10en_US
dc.subject.jelD60en_US
dc.subject.jelH10en_US
dc.subject.ddc330en_US
dc.subject.keywordEconomics of rulesen_US
dc.subject.keywordwelfare economicsen_US
dc.subject.keywordconstitution of marketsen_US
dc.subject.keywordconstitution of politicsen_US
dc.subject.stwMarktwirtschaften_US
dc.subject.stwStaatliche Einflussnahmeen_US
dc.subject.stwVerfassungsökonomiken_US
dc.subject.stwTheorieen_US
dc.titleMarket and State: The Perspective of Constitutional Political Economyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn471118826en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:aluord:0410-

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