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Morris Altman
University of Newcastle
125Publications
19H-index
1,023Citations
Publications 125
Newest
Purpose The purpose of this paper is to measure the size of New Zealand’s co-operative sector, in terms of its direct contribution to output and employment as well as its indirect impact. This adds to the construction of a rigorous representation of the global co-operative economy. Design/methodology/approach The findings here are based on data derived largely from surveying the co-operative sector in 2012. A value added approach is used to estimate the co-ops sector’s contribution to New Zealan...
#1Morris Altman (Northumbria University)H-Index: 19
In the conventional economic wisdom, the notion of unique equilibria that are efficient and Pareto optimal dominates the modeling discourse. Hebert Simon proposed an alternative analytical framework where the notion of multiple and sustainable equilibria is critical. Multiple equilibrium is the crucial stylized fact of economic life that requires better understanding and modeling. Of particular significance, Simon touched on the importance of institutions and differential power relationships in ...
Abstract Focusing on consumer co-operatives, I test the conventional economic worldview that relative price is a main determinants of consumer behaviour using survey instruments in a classroom setting. I examine the role which non-economic variables such as 'warm glow' might play in determining demand. My findings challenge the narrow economic worldview that only economic variables count; but support a core assumption that economic variables are of fundamental importance to individual's choice d...
One of the early key empirical findings of the happiness literature is that at higher levels of per capita real income there appears to be diminishing returns to income at least with regards to marginal changes in ‘happiness’ measured by various survey instruments. Although these results have been recently challenged, these earlier findings and the results of many contemporary studies suggest that an inelastic relationship exists between real per capita income and happiness after a relatively lo...
In a previous article in this journal I argued, from a reconstruction and analysis of the census material for New France, that the seigniorial system of land tenure imposed an economic burden upon the average farm family in the colony. I also argued that this economic burden (shifting income from the farmer to the seignior) diminished from 1688 to 1739 and never represented an overwhelming proportion of the economic surplus produced by the average farm family.1 Further research forces some revis...
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