A contractarian view on homann's ethical approach: The vision of "new ordoliberalism"

Clem Davies, Marcel Franke, Lida Kuang and Karl Justus Bernhard Neumärker

No 01-2022, The Constitutional Economics Network Working Papers from University of Freiburg, Department of Economic Policy and Constitutional Economic Theory

Abstract: Homann's method is a sophisticated theoretical model. As a result, it contains a normative foundation upon which Homann bases his endeavor, as well as numerous conclusions following his positive analysis. We propose extensions to both the normative and positive aspects of Homann's theory in this article. On a normative basis, we recommend taking into account our approach of New Ordoliberalism. In addition to the prisoner's dilemma, we consider the moral dilemma of the hawk-dove game on a positive footing. Additionally, we also present an experimental design.

Keywords: constitutional economics; game theory; New Ordoliberalism; social contract experiment; strategy-proofness; renegotiation-proofness; Ordnungsökonomie; Spieltheorie; Neuer Ordoliberalismus; Sozialvertragsexperiment; Manipulationssicherheit; Nachverhandlungsstabilität (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-exp, nep-gth, nep-hme and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/262011/1/1811459927.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:cenwps:012022

Access Statistics for this paper

More papers in The Constitutional Economics Network Working Papers from University of Freiburg, Department of Economic Policy and Constitutional Economic Theory Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().