Table of contents
Disincentives to Work under the UK Industrial Injuries Scheme
N.A. DohertyA well known feature of insurance systems is that they reduce incentives to avoid loss. This feature is known as moral hazard. Unfortunately the term has normative overtones; this…
The Structure of Unemployment in Britain
Chris PondThe recent increase in unemployment has been accompanied by much discussion of the structure of unemployment. Many have occupied themselves by trying to allocate the increase…
The Pareto Optimum: Reconcilable with Social Thought?
Arnold F. McKeeThe Pareto optimum is usually described as a production or an exchange situation, or some combination, where no further improvement can be made to the position of one participant…
Theoretical Approaches to Segmented Labour Markets
Raymond Loveridge, Albert MokIn neo‐classical economic theory labour is a commodity and the ultimate value of the employer's services is determined by the sales value of the product of these services: the…
ISSN:
0306-8293Online date, start – end:
1974Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Terence Garrett