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feminist economics (D1)<br />The economic analysis of women's issues, especially the economics of the family, participation in the labour market and welfare benefits. It is usually assumed that women are oppressed according to INTERPERSONAL UTILITY COMPARISONS and ought to be compensated. The concepts of scarcity, selfishness and competition are the main ideas that feminist economists seek to challenge.<br /><em>See also:</em> female economists
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neighbourhood effect (QO)<br />An EXTERNALITY, or spillover effect, which has a spatial impact. Industrial pollution provides many examples of costly effects; beautiful buildings and gardens mcrease the welfare of nearby residents.
limited general competitive bidding (D4)<br />A form of competition limited to those who have stated qualifications.
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