Social Preferences and the Third Sector: Looking for a Microeconomic Foundation of the Local Development Path
AbstractThe aim of the paper is to endorse the principle, recurrent in non-profit literature, that the third sector is an institution that supports the development process of economic systems. The third sector is considered as an institution that ÃÂ¢ÃÂÃÂfavors, transmits and cementsÃÂ¢ÃÂÃÂ the role of social preferences in a given economy and, in this way, it contributes to development. The paper thus considers two stances taken up in economic theory: (i) the theory of social preferences; (ii) the modern theory of development. These two stances do not exclusively and specifically refer to the third sector, and they generally follow parallel paths, rarely being aware of each other: in the paper, the third sector is assumed to form a bridge between them in that social preferences are supposed to be one of the driving forces in the change process of an economy.
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Bibliographic InfoPaper provided by CELPE - Centre of Labour Economics and Economic Policy, University of Salerno, Italy in its series CELPE Discussion Papers with number 110.
Length: 37 pages
Date of creation: 29 Jan 2009
Date of revision:
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More information through EDIRC
endogenous social preferences; third sector; local development;
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
- P19 - Economic Systems - - Capitalist Systems - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-31 (All new papers)
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