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On Custom in the Economy

Ekkehart Schlicht

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198292241
eISBN:
9780191596865
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198292244.001.0001
Subject:
Economics and Finance, Microeconomics, History of Economic Thought

Custom is an integral part of the institutional matrix of modern economies. Market processes hinge crucially on custom, which in turn affect these processes. The book proposes a theory of custom that ... More


Entitlements and Obligations

Ekkehart Schlicht

in On Custom in the Economy

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198292241
eISBN:
9780191596865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292244.003.0003
Subject:
Economics and Finance, Microeconomics, History of Economic Thought

Market interactions are brought about by the interplay of entitlements and obligations. Entitlements are rights, as perceived by the individuals. They are subjectively perceived rights that go along ... More


Why Give Away Your Wealth? An Analysis of the Billionaires’ View

Jana Sadeh, Mirco Tonin, and Michael Vlassopoulos

in Social Economics: Current and Emerging Avenues

Published in print:
2017
Published Online:
September 2017
ISBN:
9780262035651
eISBN:
9780262337915
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262035651.003.0004
Subject:
Economics and Finance, History of Economic Thought

We explore what motivates the philanthropic activity of extremely wealthy individuals and families. We focus on a recent large-scale philanthropic initiative by billionaires, the Giving Pledge, a ... More


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