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Two diverse Filipino village communities were intensively surveyed and then focus-group discussions were held among their members. These discussions indicated that members of the less well-off community, compared with the one which was better-off, see fewer benefits to be derived from investing...
Persistent link: https://www.econbiz.de/10005462840
Antonelli, over a hundred years ago, pioneered techniques of economic analysis which still can be usefully employed to provide apparently new insights in duality theory. This assertion is demonstrated through the applications of these techniques to derive specific results in duality theory....
Persistent link: https://www.econbiz.de/10005640158
Persistent link: https://www.econbiz.de/10010571112
Can unanimous (or nearly so) agreement be reached by members of a diverse community on a system of justice in distribution used to guide the re-distribution of endowments within this community? Arrow’s impossibility result suggests that this question will receive a negative answer if...
Persistent link: https://www.econbiz.de/10011137813