John Quiggin
Biographic Data
| ID | 382846 |
|---|---|
| NAME | John Quiggin |
| GIVEN NAMES | John |
| FAMILY NAME | Quiggin |
| SIGNATURE | QUIGGIN J |
| AFFILIATIONS | The University of Queensland |
| ORCID | 0000-0003-0398-8280 |
| VERIFIED | Yes |
| TOTAL WORKS | 39 |
| TOTAL CITATIONS | 126 |
| AUTHOR COUNT | 39 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1982 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 5 |
Western Welfare Capitalisms in Good Times and Bad
Worlds of welfare capitalism
What are the distinctive features of social democratic, liberal, corporatist and proto-corporatist regimes? In this chapter we describe key features of the Swedish social democratic regime, the American liberal regime, the German corporatist regime and the Italian proto-corporatist regime. The focus is on political and policy values/priorities, welfare state programs, the labour market and industrial relations. The first part of the chapter consi…
Production under uncertainty and choice under uncertainty in the emergence of generalized expected utility theory
Interest in the foundations of the theory of choice under uncertainty was stimulated by applications of expected utility theory such as the Sandmo model of production under uncertainty. The development of generalized expected utility models raised the question of whether such models could be used in the analysis of applied problems such as those involving production under uncertainty. Finally, the revival of the state-contingent approach led to t…
Identity economics meets identity leadership: Exploring the consequences of elevated CEO pay
Transformative Education
Universities aspire to offer students a transformative experience, but rarely spell out the nature of this transformation. In this essay, L. A. Paul and John Quiggin frame the successful university education as transformative in the philosophical sense. They explain the way that a successful college education can be understood as generating an individual conceptual revolution, and thus, as a transformative experience. Education can create epistem…
The diffusion of public private partnerships: A world systems analysis
This paper analyzes the diffusion of neoliberal policies from the UK to Australia and New Zealand, and then to the Asia-Pacific region. The analytical framework employed is the world systems model developed by Immanuel Wallerstein. The primary focus of attention is the spread of public-private partnerships (PPPs) modelled on the UK Private Finance Initiative (PFI). Despite the demise of the PFI in its country of origin, and repeated failures in A…
The evolution of awareness
Consensus, Dissensus, and Economic Ideas: Economic Crisis and the Rise and Fall of Keynesianism
During the recent economic crisis, Keynesian ideas about fiscal stimulus briefly seemed to form the basis of a new expert consensus about how to deal with demand shocks. However, this apparent consensus soon collapsed into a continuing dissensus, with important consequences for policy. Neither conventional bargaining accounts nor existing theories of the role of ideas in policy outcomes easily explain the arc of international responses to the Gre…
The poverty burden: A measure of the difficulty of ending extreme poverty
The commonly used poverty gap measure is extended to derive and analyse the properties of a poverty burden measure to address the question of whether the elimination of poverty is a feasible objective, given sufficient political commitment. The resources potentially available to address poverty may be measured by the total amount by which the incomes of the non-poor exceed the same poverty line. The ratio of the poverty gap to the resources poten…
Australian Public Policy: Progressive Ideas in the Neoliberal Ascendency
Water Planning and Hydro-Climatic Change in the Murray-Darling Basin, Australia
Financial Markets: Masters or Servants
Throughout the history of capitalism, there have been tensions between financial institutions and the state, and between financial capital and the firms and households engaged in the production and consumption of physical goods and services. Periods of financial sector dominance have regularly ended in spectacular panics and crashes, often resulting in the liquidation of large numbers of financial institutions and the reimposition of regulatory c…
Agricultural intensification, irrigation and the environment in South Asia: Issues and policy options
Economics of Non-Market Innovation and Digital Literacy
This article is an abbreviated version of a debate between two economists holding somewhat different perspectives on the nature of non-market production in the space of new digital media. While the ostensible focus here is on the role of markets in the innovation of new technologies to create new economic value, this context also serves to highlight the private and public value of digital literacy
The limits of markets: The politics of water management in rural Australia
The intensity of conflict over water and water management has been increasing. Focusing on the recent federalist compact, the National Water Initiative (NWI), the use of market and property rights instruments in water governance in Australia are explored. Does the use of such instruments imply a reduced role for the state, as new instruments displace previous top down or regulatory modes of governance? The view that the new market-based system of…
Accommodating indigenous cultural heritage values in resource assessment: Cape York Peninsula and the Murray–Darling Basin, Australia
The Political Economy of Privatization in the Thai Electricity Industry
The object of this paper is to consider the evolution of policy regarding public ownership and privatization of the Thai electricity industry and the extent to which it can be explained by competing theories of political economy. Public interest, private interest and ideological theories are considered
Dual Approaches to the Analysis of Risk Aversion
We present a dual formulation of choice under uncertainty based on a few simple assumptions about preferences. It is shown that the additive separability restriction on preferences, key to expected‐utility theory, can be dropped with little loss of analytic power for a broad class of choice problems. Dual risk premiums are characterized, and it is shown that placing various invariance restrictions on them leads naturally to generalizations of the…
Blogs, wikis and creative innovation
In this article, recent developments in the creation of web content, such as blogs and wikis, are surveyed with a focus on their role in technological and social innovation. The innovations associated with blogs and wikis are important in themselves, and the process of creative collaboration they represent is becoming central to technological progress in general. The internet and the world wide web, which have driven much of the economic growth o…
Supermodularity and risk aversion
No more free beer tomorrow? Economic policy and outcomes in Australia and New Zealand since 1984
There are no controlled experiments in macroeconomic policy, nor in systematic programs of microeconomic reform, but a comparison between New Zealand and Australia over the period since 1984 provides as close an approach to such an experiment as is ever likely to be possible. From quite similar starting points the two countries pursued liberal reform programs that differed sharply, mainly as a result of exogenous differences in constitutional str…
The Y2K scare: Causes, Costs and Cures
The worldwide scare over the ‘Y2K bug’ resulted in the expenditure of hundreds of billions of dollars on Y2K compliance and conversion policies. Most of this expenditure can be seen, in retrospect, to have been unproductive or, at least, misdirected. In this article, the technological and institutional factors leading to the adoption of these policies are considered, along with suggestions as to how such policy failures could be avoided in future
Increasing uncertainty: A definition
Using the tax system to collect fines
In this article we consider the possibility that fines could be collected through the tax and social welfare systems in the same way as higher education contributions and child support payments are currently administered. We argue that the existing system of fine collection and enforcement leads to high default rates and reduces the usefulness of fines as a sanction. We consider a range of models for the implementation of an income‐related fine c…
A Technological and Organisational Explanation for the Size Distribution of Firms
Consensus, Dissensus, and Economic Ideas: Economic Crisis and the Rise and Fall of Keynesianism
During the recent economic crisis, Keynesian ideas about fiscal stimulus briefly seemed to form the basis of a new expert consensus about how to deal with demand shocks. However, this apparent consensus soon collapsed into a continuing dissensus, with important consequences for policy. Neither conventional bargaining accounts nor existing theories of the role of ideas in policy outcomes easily explain the arc of international responses to the Gre…
Common property, equality, and development
The limits of markets: The politics of water management in rural Australia
The intensity of conflict over water and water management has been increasing. Focusing on the recent federalist compact, the National Water Initiative (NWI), the use of market and property rights instruments in water governance in Australia are explored. Does the use of such instruments imply a reduced role for the state, as new instruments displace previous top down or regulatory modes of governance? The view that the new market-based system of…
No more free beer tomorrow? Economic policy and outcomes in Australia and New Zealand since 1984
There are no controlled experiments in macroeconomic policy, nor in systematic programs of microeconomic reform, but a comparison between New Zealand and Australia over the period since 1984 provides as close an approach to such an experiment as is ever likely to be possible. From quite similar starting points the two countries pursued liberal reform programs that differed sharply, mainly as a result of exogenous differences in constitutional str…
Social indicators and comparisons of living standards
Globalization and Economic Sovereignty
In this paper, attention will focus primarily on economic and financial aspects of the globalization debate, and on their implications for public policy. Nevertheless, these issues cannot be separated from their historical and political context. The current discussion of globalization can only be understood in relation to the development of economic and political institutions over the past century. Globalization is frequently discussed as a count…
The Future of Government: Mixed Economy or Minimal State
After nearly a century of expansion, the role of government has contracted, at least in qualitative terms, over the past 20 years. The assumption that this is a natural and inevitable trend is mistaken. The success of the 'mixed economy' in the period from 1945 to 1970, and the limited benefits generated so far by reforms aimed at a contraction of the role of government, suggest that radical contraction of the role of government is unlikely to be…
Blogs, wikis and creative innovation
In this article, recent developments in the creation of web content, such as blogs and wikis, are surveyed with a focus on their role in technological and social innovation. The innovations associated with blogs and wikis are important in themselves, and the process of creative collaboration they represent is becoming central to technological progress in general. The internet and the world wide web, which have driven much of the economic growth o…
Water Planning and Hydro-Climatic Change in the Murray-Darling Basin, Australia
Competitive Tendering and Contracting in the Australian Public Sector
The Hilmer reforms, and recent reports from the Industry Commission, advocate a significant shift toward competitive tendering for Australian public services. This article discusses the policy debate in the light of recent developments in the economic theory of contracts. It will be argued that, although more intense competition can, on some occasions, generate apparent efficiency gains, it can also generate efficiency losses. Following Stigler, …
Financial Markets: Masters or Servants
Throughout the history of capitalism, there have been tensions between financial institutions and the state, and between financial capital and the firms and households engaged in the production and consumption of physical goods and services. Periods of financial sector dominance have regularly ended in spectacular panics and crashes, often resulting in the liquidation of large numbers of financial institutions and the reimposition of regulatory c…
Using the tax system to collect fines
In this article we consider the possibility that fines could be collected through the tax and social welfare systems in the same way as higher education contributions and child support payments are currently administered. We argue that the existing system of fine collection and enforcement leads to high default rates and reduces the usefulness of fines as a sanction. We consider a range of models for the implementation of an income‐related fine c…
Generalized Expected Utility Theory: The Rank-Dependent Model
Journal Article Generalized Expected Utility Theory: The Rank-Dependent Model. Get access Generalized Expected Utility Theory: The Rank-Dependent Model. By Quiggin (John). (Dordrecht and London: Kluwer Academic Publishers, 1993. Pp. xii + 208. £46.75 hardback, US 869.95 hardback. ISBN 0 7923 9302 3.) David Kelsey David Kelsey University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Vo…
On the Optimal Design of Lotteries
In recent years the Expected Utility model of choice under risk has been generalized to cope with phenomena such as probability weighting. In the present paper, one such generalized approach, the Rank-Dependent Expected Utility model, is applied to the problem of lottery gambling. The model is used to derive an optimal prize structure for lotteries, involving a few large prizes and a large number of small prizes. Other forms of gambling, such as …
The evolution of awareness
The poverty burden: A measure of the difficulty of ending extreme poverty
The commonly used poverty gap measure is extended to derive and analyse the properties of a poverty burden measure to address the question of whether the elimination of poverty is a feasible objective, given sufficient political commitment. The resources potentially available to address poverty may be measured by the total amount by which the incomes of the non-poor exceed the same poverty line. The ratio of the poverty gap to the resources poten…
Economics of Non-Market Innovation and Digital Literacy
This article is an abbreviated version of a debate between two economists holding somewhat different perspectives on the nature of non-market production in the space of new digital media. While the ostensible focus here is on the role of markets in the innovation of new technologies to create new economic value, this context also serves to highlight the private and public value of digital literacy
Increasing uncertainty: A definition
Demography and the new economy
Existence Value and Benefit-Cost Analysis: A Third View
Testing the Implications of the Olson Hypothesis
Considerable attention has been paid to the hypothesis, advanced by Olson, that accumulations of interest groups build up over time and retard economic performance. Most previous tests of this hypothesis have been based on comparisons of growth rates. In this paper, it is argued that comparisons of income levels yield a superior test. Strong forms of the Olson hypothesis, in which shocks such as revolution and war yield positive benefits are reje…
A theory of anticipated utility
On the Optimal Design of Lotteries
In recent years the Expected Utility model of choice under risk has been generalized to cope with phenomena such as probability weighting. In the present paper, one such generalized approach, the Rank-Dependent Expected Utility model, is applied to the problem of lottery gambling. The model is used to derive an optimal prize structure for lotteries, involving a few large prizes and a large number of small prizes. Other forms of gambling, such as …
The Economics of Farm Fragmentation: Evidence from Ghana and Rwanda
Farm fragmentation, in which a household operates more than one separate parcel of land, is a common phenomenon in Sub-Saharan Africa. Concerned by the perceived costs of fragmented as opposed to consolidated holdings, several countries have implemented land consolidation programs. But these interventions overlook the benefits that land fragmentation can offer farmers in managing risk, in overcoming seasonal labor bottlenecks, and in better match…
Testing the Implications of the Olson Hypothesis
Considerable attention has been paid to the hypothesis, advanced by Olson, that accumulations of interest groups build up over time and retard economic performance. Most previous tests of this hypothesis have been based on comparisons of growth rates. In this paper, it is argued that comparisons of income levels yield a superior test. Strong forms of the Olson hypothesis, in which shocks such as revolution and war yield positive benefits are reje…
Common property, equality, and development
Existence Value and Benefit-Cost Analysis: A Third View
Estimation Using Contingent Valuation Data from a "Dichotomous Choice with Follow-Up" Questionnaire
Generalized Expected Utility Theory: The Rank-Dependent Model
Journal Article Generalized Expected Utility Theory: The Rank-Dependent Model. Get access Generalized Expected Utility Theory: The Rank-Dependent Model. By Quiggin (John). (Dordrecht and London: Kluwer Academic Publishers, 1993. Pp. xii + 208. £46.75 hardback, US 869.95 hardback. ISBN 0 7923 9302 3.) David Kelsey David Kelsey University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Vo…
Competitive Tendering and Contracting in the Australian Public Sector
The Hilmer reforms, and recent reports from the Industry Commission, advocate a significant shift toward competitive tendering for Australian public services. This article discusses the policy debate in the light of recent developments in the economic theory of contracts. It will be argued that, although more intense competition can, on some occasions, generate apparent efficiency gains, it can also generate efficiency losses. Following Stigler, …
The Future of Government: Mixed Economy or Minimal State
After nearly a century of expansion, the role of government has contracted, at least in qualitative terms, over the past 20 years. The assumption that this is a natural and inevitable trend is mistaken. The success of the 'mixed economy' in the period from 1945 to 1970, and the limited benefits generated so far by reforms aimed at a contraction of the role of government, suggest that radical contraction of the role of government is unlikely to be…
Demography and the new economy
Globalization and Economic Sovereignty
In this paper, attention will focus primarily on economic and financial aspects of the globalization debate, and on their implications for public policy. Nevertheless, these issues cannot be separated from their historical and political context. The current discussion of globalization can only be understood in relation to the development of economic and political institutions over the past century. Globalization is frequently discussed as a count…
A Technological and Organisational Explanation for the Size Distribution of Firms
Social indicators and comparisons of living standards
Public Investment and the Risk Premium for Equity
Analysis of the equity premium puzzle has focused on private‐sector capital markets. However, the existence of an anomalous equity premium raises important issues in the evaluation of public‐sector investment projects. These issues are explored below. We begin by formalizing the argument that an equity premium may arise from uninsurable systematic risk in labour income, and show that, other things being equal, increases in public ownership of equ…
Using the tax system to collect fines
In this article we consider the possibility that fines could be collected through the tax and social welfare systems in the same way as higher education contributions and child support payments are currently administered. We argue that the existing system of fine collection and enforcement leads to high default rates and reduces the usefulness of fines as a sanction. We consider a range of models for the implementation of an income‐related fine c…
The Y2K scare: Causes, Costs and Cures
The worldwide scare over the ‘Y2K bug’ resulted in the expenditure of hundreds of billions of dollars on Y2K compliance and conversion policies. Most of this expenditure can be seen, in retrospect, to have been unproductive or, at least, misdirected. In this article, the technological and institutional factors leading to the adoption of these policies are considered, along with suggestions as to how such policy failures could be avoided in future
Increasing uncertainty: A definition
Blogs, wikis and creative innovation
In this article, recent developments in the creation of web content, such as blogs and wikis, are surveyed with a focus on their role in technological and social innovation. The innovations associated with blogs and wikis are important in themselves, and the process of creative collaboration they represent is becoming central to technological progress in general. The internet and the world wide web, which have driven much of the economic growth o…
Supermodularity and risk aversion
No more free beer tomorrow? Economic policy and outcomes in Australia and New Zealand since 1984
There are no controlled experiments in macroeconomic policy, nor in systematic programs of microeconomic reform, but a comparison between New Zealand and Australia over the period since 1984 provides as close an approach to such an experiment as is ever likely to be possible. From quite similar starting points the two countries pursued liberal reform programs that differed sharply, mainly as a result of exogenous differences in constitutional str…
Accommodating indigenous cultural heritage values in resource assessment: Cape York Peninsula and the Murray–Darling Basin, Australia
The Political Economy of Privatization in the Thai Electricity Industry
The object of this paper is to consider the evolution of policy regarding public ownership and privatization of the Thai electricity industry and the extent to which it can be explained by competing theories of political economy. Public interest, private interest and ideological theories are considered
Dual Approaches to the Analysis of Risk Aversion
We present a dual formulation of choice under uncertainty based on a few simple assumptions about preferences. It is shown that the additive separability restriction on preferences, key to expected‐utility theory, can be dropped with little loss of analytic power for a broad class of choice problems. Dual risk premiums are characterized, and it is shown that placing various invariance restrictions on them leads naturally to generalizations of the…
Agricultural intensification, irrigation and the environment in South Asia: Issues and policy options
Economics (31 works) · Political science (19 works) · Computer Science (12 works) · Business (11 works) · Law (11 works) · Mathematics (11 works) · Economic theories and models (10 works) · Microeconomics (10 works) · Market economy (8 works) · Mathematical economics (8 works)