WorldCat Identities

Gersbach, Hans

Works: 286 works in 967 publications in 2 languages and 3,689 library holdings
Roles: Author, Thesis advisor, dgs, Honoree
Publication Timeline
Most widely held works by Hans Gersbach
Designing democracy : ideas for better rules by Hans Gersbach( Book )

20 editions published between 2004 and 2010 in English and German and held by 206 WorldCat member libraries worldwide

This book presents a number of ideas for drawing up new rules to improve the functioning of democracies. The first part examines ways of combining incentive contracts with democratic elections. The second part presents new rules for decision-making, agendas and agenda settings
Economic Growth, Education, And AIDS In Kenya A Long-Run Analysis by Clive Bell( )

10 editions published between 2006 and 2012 in English and Undetermined and held by 68 WorldCat member libraries worldwide

The AIDS epidemic threatens Kenya with a long wave of premature adult mortality, and thus with an enduring setback to the formation of human capital and economic growth. To investigate this possibility, the authors develop a model with three overlapping generations, calibrate it to the demographic and economic series from 1950 until 1990, and then perform simulations for the period ending in 2050 under alternative assumptions about demographic developments, including the counterfactual in which there is no epidemic. Although AIDS does not bring about a catastrophic economic collapse, it does cause large economic costs-and many deaths. Programs that subsidize post-primary education and combat the epidemic are both socially profitable-the latter strikingly so, due to its indirect effects on the expected returns to education-and a combination of the two interventions profits from a modest long-run synergy effect
Die Informationseffizienz in Mehrheitsentscheidungen by Hans Gersbach( Book )

8 editions published between 1990 and 1991 in German and Undetermined and held by 65 WorldCat member libraries worldwide

Should the individual voting records of central bankers be published? by Hans Gersbach( Book )

5 editions published between 2001 and 2002 in English and held by 35 WorldCat member libraries worldwide

Wir untersuchen, ob die Veröffentlichung über das individuelle Abstimmungsverhalten von Zentralbankratsmitgliedern gesamtwirtschaftlich nützlich ist, wenn in der Öffentlichkeit Unsicherheit über die Effizienz von Mitgliedern des Zentralbankrats besteht und sich diese um eine Wiederwahl bemühen. Wir weisen nach, dass eine Veröffentlichung zunächst Schaden anrichtet, weil etwas weniger effiziente Mitglieder des Zentralbankrats versuchen, hocheffiziente Zentralbankratsmitglieder in ihren Bemühungen um eine Wiederwahl nachzuahmen. Nach der Wiederwahl sind die Verluste aber geringer, wenn die Abstimmung veröffentlicht wird, weil die Regierung hocheffiziente von weniger effizienten Zentralbankratsmitgliedern leichter unterscheiden und sie einzeln zur Rechenschaft ziehen kann. Die negativen Auswirkungen einer Transparenz des Abstimmungsverhaltens überwiegen aber, und die Nachteile sind insgesamt immer größer, wenn die Abstimmung veröffentlicht wird
The long-run economic costs of AIDS : theory and an application to South Africa by Clive Bell( Book )

9 editions published in 2003 in English and held by 33 WorldCat member libraries worldwide

Primarily a disease of young adults, Acquired Immuno Deficiency Syndrome (AIDS) imposes economic costs that could be devastatingly high in the long run by undermining the transmission of human capital the main driver of long-run economic growth across generations. AIDS makes it harder for victims' children to obtain an education and deprives them of the love, nurturing, and life skills that parents provide. These children will in turn find it difficult to educate their children, and so on. An overlapping generations model is used to show that an otherwise growing economy could decline to a low level subsistence equilibrium if hit with an AIDS type increase in premature adult mortality. Calibrating the model for South Africa, where the HIV prevalence rate is over 20 percent, simulations reveal that the economy could shrink to half its current size in about four generations in the absence of intervention. Programs to combat the disease and to support needy families could avert such a collapse, but they imply a fiscal burden of about 4 percent of Gross domestic product (GDP)
Awareness of general equilibrium effects and unemployment by Hans Gersbach( Book )

13 editions published between 2001 and 2005 in English and held by 26 WorldCat member libraries worldwide

We examine wage-bargaining in a two-sector economy when employers and labor unions in each sector are not always aware of all general equilibrium feedback effects. We show analytically that if agents only consider labor demand effects, low real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once, low real wages and low unemployment again result. The assumption that unions and employers' federations are not able to incorporate all feedback effects from other sectors may explain the persistence of high unemployment in Europe
Productivity improvements in public organizations by Hans Gersbach( Book )

9 editions published between 2000 and 2004 in English and German and held by 26 WorldCat member libraries worldwide

Reelection threshold contracts in politics by Hans Gersbach( Book )

6 editions published in 2001 in English and held by 22 WorldCat member libraries worldwide

When politicians are provided with insufficient incentives by the democratic election mechanism, we show that social welfare can be improved by threshold contracts. A threshold incentive contract stipulates a performance level which a politican must reach in order to have the right to stand for reelection. Read my lips would turn into read my contracts. Reelection thresholds can be offered by politicians during campaigns and do not impair the liberal principle of free and anonymous elections in democracies
The optimal capital structure of an economy by Hans Gersbach( Book )

4 editions published in 2001 in English and held by 15 WorldCat member libraries worldwide

Redesigning democracy : more ideas for better rules by Hans Gersbach( Book )

7 editions published between 2004 and 2017 in English and held by 12 WorldCat member libraries worldwide

Could democracy do better? This book presents a vision on optimal democracies and a set of new rules to help achieve them. The monograph follows on the author's successful book "Designing Democracy" from 2005 and further develops its ideas. While liberal democracies are the best systems of self-governance for societies, they rarely provoke great enthusiasm. Democracies have been known to fail in achieving efficient outcomes and fair distributions of wealth. Moreover, many citizens take the democratic system for granted, simply because they have yet to experience an alternative. This book argues that the potential offered by democracies has not yet been exhausted, and that optimal democracies are both the Utopia for societies and the aim that scientists should commit themselves to making a reality. Furthermore, the book suggests a number of insightful rules to improve the functioning of democracies. "We all know what to do, we just don't know how to get re-elected after we have done it." This famous quip by Jean-Claude Juncker perfectly encapsulates the challenge this book takes on: how to redesign our democratic institutions to overcome political short-termism and make our democracies more efficient. Several radical but highly relevant proposals are explored, ranging from long-term incentive contracts for politicians, prediction markets over the outcomes of the next election that could be useful for incentive purposes, minority voting, initiative group constitutions, and so on. All these highly innovative proposals are rigorously grounded in standard economic analysis. I highly recommend this book to anyone concerned about the state of our democracies and looking for constructive reforms. Patrick Bolton, Columbia University, USA In a time of reeling democracies, it is urgent to explore how to improve on the electoral system for the benefit of society. Hans Gersbach has developed a most innovative and thought-provoking research agenda at the intersection of political theory, social choice and mechanism design. He uncovers the potentially positive effects of political contracts between candidates and society, of new rules for agenda setting and of mechanisms compensating the minorities. Marc Fleurbaey, Princeton University, USA
Audience Level
Audience Level
  Kids General Special  
Audience level: 0.63 (from 0.34 for Designing ... to 0.91 for The optima ...)

Designing democracy : ideas for better rulesRedesigning democracy : more ideas for better rules
Alternative Names
Gersbach, H. 1959-

Hans Gersbach economista suizo

Hans Gersbach econoom uit Zwitserland

Hans Gersbach Schweizer Ökonom

Hans Gersbach Swiss economist

English (79)

German (10)

Redesigning democracy : more ideas for better rules