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Gottfried Haberler. Gottfried Haberler ( German: [ˈhaːbɐlɐ]; July 20, 1900 – May 6, 1995; until 1919 [1] Gottfried von Haberler) was an Austrian-American economist. [2] [3] [4] He worked in particular on international trade. One of his major contributions was reformulating the Ricardian idea of comparative advantage in a neoclassical ...
Illegitimate opportunities is a sociological theory developed in 1960 by Richard Cloward and Lloyd Ohlin. The theory states that crimes result from a high number of illegitimate opportunities and not from a lack of legitimate ones. The theory was created from Merton's strain theory to help address juvenile delinquency.
Political opportunity theory, also known as the political process theory or political opportunity structure, is an approach of social movements that is heavily influenced by political sociology. It argues that success or failure of social movements is affected primarily by political opportunities. Social theorists Peter Eisinger, Sidney Tarrow ...
Equality of outcome, equality of condition, or equality of results is a political concept which is central to some political ideologies and is used in some political discourse, often in contrast to the term equality of opportunity. [2] It describes a state in which all people have approximately the same material wealth and income, or in which ...
v. t. e. Equal opportunity is a state of fairness in which individuals are treated similarly, unhampered by artificial barriers, prejudices, or preferences, except when particular distinctions can be explicitly justified. [1] For example, the intent of equal employment opportunity is that the important jobs in an organization should go to the ...
Justice as Fairness. " Justice as Fairness: Political not Metaphysical " is an essay by John Rawls, published in 1985. [1] In it he describes his conception of justice. It comprises two main principles of liberty and equality; the second is subdivided into fair equality of opportunity and the difference principle .
Economics ( / ˌɛkəˈnɒmɪks, ˌiːkə -/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.
In economics, the theory of imputation, first expounded by Carl Menger, maintains that factor prices are determined by output prices [6] (i.e. the value of factors of production is the individual contribution of each in the final product, but its value is the value of the last contributed to the final product (the marginal utility before ...