全球智库信息集成服务系统(G2TT): The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency
	Etienne Farvaque; Alexander Mihailov; Alireza Naghavi
发表日期	2011
出处	Economy and Society
出版年	2011
语种	英语
摘要	This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and social preferences transmitted by ideology. We introduce inequality-averse and inefficiency-averse agents and analyze their conflict through the interaction between leaders with economic power and followers with ideological determination. The socioeconomic dynamics of our model generate a pendulum-like switch from markets to a centrally-planned economy abolishing private ownership, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the discovery of a trade-o¤ between equality and efficiency at the scale of alternative economic systems. While our focus is on the long-run transitions from capitalism to communism and back observed in the course of the 20-th century, the model also derives conditions under which each of the systems can remain stable.
特色分类	C72;D31;D63;D74;D83;P51
关键词	Capitalism Communism Inequality Inefficiency Ideology Transmission Economic Transitions
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-grand-experiment-of-communism-discovering-the-trade-off-between-equality-and-efficiency/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118001
推荐引用方式 GB/T 7714	Etienne Farvaque,Alexander Mihailov,Alireza Naghavi. The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency. 2011.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
20119191251241Nota_d（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
20134811484NDL2011-0（1381KB）	智库出版物		限制开放	CC BY-NC-SA	浏览