Economics
Mario Martini
Der Markt als Instrument hoheitlicher Verteilungslenkung
Möglichkeiten und Grenzen einer marktgesteuerten staatlichen Verwaltung des Mangels
[The Market as an Instrument of Regulation. Opportunities and Limitations of a Market-Controlled Government Administration of Shortages.]
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Published in German.
In the undertow of the law-and-markets movement and diagnosed control deficits in classic sovereign distribution mechanisms, the idea of using the allocation function of prices as an instrument of distribution of scarce resources administrated by the government is starting to open the gates of public law. Mario Martini examines the chances for economic distribution and the constitutional constraints of a market-controlled administration of shortages in public law.