Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/4342 
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dc.contributor.authorVanberg, Viktor J.en
dc.date.accessioned2009-01-29T14:12:13Z-
dc.date.available2009-01-29T14:12:13Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/4342-
dc.description.abstractThe paper approaches the "market versus state" issue from the perspective of constitutional political economy, a research program that has been advanced as a principal alternative to traditional welfare economics and its perspective on the relation between market and state. Constitutional political economy looks at market and state as different kinds of social arenas in which people may realize mutual gains from voluntary exchange and cooperation. The working properties of these arenas depend on their respective constitutions, i.e. the rules of the game that define the constraints under which individuals are allowed, in either arena, to pursue their interests. It is argued that "improving" markets means to adopt and to maintain an economic constitution that enhances consumer sovereignty, and that "improvement" in the political arena means to adopt and to maintain constitutional rules that enhance citizen sovereignty.en
dc.language.isoengen
dc.publisher|aAlbert-Ludwigs-Universität Freiburg, Institut für Allgemeine Wirtschaftsforschung, Abteilung für Wirtschaftspolitik |cFreiburg i. Br.en
dc.relation.ispartofseries|aFreiburger Diskussionspapiere zur Ordnungsökonomik |x04/10en
dc.subject.jelD60en
dc.subject.jelH10en
dc.subject.ddc330en
dc.subject.keywordEconomics of rulesen
dc.subject.keywordwelfare economicsen
dc.subject.keywordconstitution of marketsen
dc.subject.keywordconstitution of politicsen
dc.subject.stwMarktwirtschaften
dc.subject.stwStaatliche Einflussnahmeen
dc.subject.stwVerfassungsökonomiken
dc.subject.stwTheorieen
dc.titleMarket and State: The Perspective of Constitutional Political Economy-
dc.typeWorking Paperen
dc.identifier.ppn471118826en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:aluord:0410en

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