In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77-99, 2007) show that information sharing increases banks’ profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case in...

This book studies two distinct approaches to distributive justice. The firstoriginates from axiomatic social choice theory and studies positionalist aggregation functions. Profiles of individual extended orderings over alternative social states are mapped into a social ordering of these states....