Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Arrow Theorem (1)
- Climate Change (1)
- Collective irrationality (1)
- Condorcet cycling (1)
- Constitutional Law (1)
-
- Democractic decisionmaking (1)
- Economics (1)
- Energy (1)
- Energy Efficiency (1)
- Facilities (1)
- General Law (1)
- Greenhouse Gas Emissions (1)
- Impossibility Theorem (1)
- Individuals with disabilites education act (IDEA) (1)
- Interpersonal Comparison of Utilities (1)
- Jurisprudence (1)
- Justice (1)
- Kenneth J. Arrow (1)
- Law and Economics (1)
- Law and Society (1)
- Politics (1)
- Poverty (1)
- Private enforcement (1)
- Public (1)
- Public Law and Legal Theory (1)
- Public enforcement (1)
- Social Choice Theory (1)
- Special education (1)
- Sports (1)
- Stadiums (1)
- Publication
- Publication Type
Articles 1 - 4 of 4
Full-Text Articles in Other Economics
Collective Choice, Justin Schwartz
Collective Choice, Justin Schwartz
Justin Schwartz
This short nontechnical article reviews the Arrow Impossibility Theorem and its implications for rational democratic decisionmaking. In the 1950s, economist Kenneth J. Arrow proved that no method for producing a unique social choice involving at least three choices and three actors could satisfy four seemingly obvious constraints that are practically constitutive of democratic decisionmaking. Any such method must violate such a constraint and risks leading to disturbingly irrational results such and Condorcet cycling. I explain the theorem in plain, nonmathematical language, and discuss the history, range, and prospects of avoiding what seems like a fundamental theoretical challenge to the possibility …
Public Dollar Private Owners; Tax Subsidies For New Stadiums In Professional Sports, Grant J. Bunnage
Public Dollar Private Owners; Tax Subsidies For New Stadiums In Professional Sports, Grant J. Bunnage
CMC Senior Theses
The growing popularity of North American professional sports over the last twenty years directly coincides with the recent trend of urban communities using tax dollars to publically subsidize professional football, baseball, and basketball stadiums. Communities across North America invest substantial amount of public tax dollars in private facilities in light of a consensus among policy analysts that the economic impact of the new stadium is greatly exaggerated. The economic impact of new stadiums has been extensively researched, the focus of this paper rather, is to examine the impact publically subsidized facilities built in the last twenty years have on the …
Energy Efficiency Technologies For Buildings: Potential For Energy, Cost, And Carbon Emission Savings, Bukola S. Jimoh
Energy Efficiency Technologies For Buildings: Potential For Energy, Cost, And Carbon Emission Savings, Bukola S. Jimoh
CMC Senior Theses
Buildings are a significant energy consumer and are responsible for an increasingly large percent of worldwide greenhouse gas emissions, currently between 30 and 40 percent. Energy efficiency presents unique opportunities for building owners to reduce their environmental footprint and add value through cost savings, tax deductions, and increased market value. An analysis of 183 samples of efficiency measures in seven technology categories found that 74% of efficiency investments had a positive net present value. Building automation system and chiller plant improvements had the highest mean energy and carbon dioxide savings per square foot. Additionally, building automation systems had, on average …
Special Education, Poverty, And The Limits Of Private Enforcement, Eloise Pasachoff
Special Education, Poverty, And The Limits Of Private Enforcement, Eloise Pasachoff
Georgetown Law Faculty Publications and Other Works
This Article examines the appropriate balance between public and private enforcement of statutes seeking to distribute resources or social services to a socioeconomically diverse set of beneficiaries through a case study of the federal special education law, the Individuals with Disabilities Education Act (IDEA). It focuses particularly on the extent to which the Act’s enforcement regime sufficiently enforces the law for the poor. The Article responds to the frequent contention that private enforcement of statutory regimes is necessary to compensate for the shortcomings of public enforcement. Public enforcement, the story goes, is inefficient and relies on underfunded, captured, or impotent …