POWER, PHILANTHROPY, AND PRESTIGE: THREE ESSAYS ON THE ECONOMICS OF NON-PRICED ENVIRONMENTS
Date
2013
Authors
Acchiardo, Charity-Joy
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Abstract
Monetary prices provide buyers and sellers with the information they need for economic calculation and direct their resource allocation decisions. However, in some situations these decisions are made in the absence of prices and alternative guides must be used. Decisions may be informed by an elite few or may incorporate knowledge disbursed among many individuals. This dissertation looks at how the political environment influences how information is discovered and used and the subsequent effects on political and economic outcomes.
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Economics, Austrian Economics, Market Process Economics, Non-priced Economics