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Segal, Uzi; Harel, Alon - Department of Economics, Boston College - 2011

This paper defends the use of asymmetric norms which grant gre- ater privileges to minorities than to majorities. The norms we discuss include norms facilitating the establishment or prohibition of minority- only or majority-only institutions, neighborhoods, or associations. While traditionally...

Persistent link: https://www.econbiz.de/10008783614

Utilitarianism and Discrimination

Segal, Uzi; Harel, Alon - Department of Economics, Boston College - 2012

Since Becker (1971), a common argument against asymmetric norms that promote minority rights over those of the majority is that such policies reduce total welfare. While this may be the case, we show that there are simple environments where aggregate sum of individual utilities is actually...

Persistent link: https://www.econbiz.de/10010897945

Min, Max, and Sum

Segal, Uzi; Sobel, Joel - Department of Economics, Boston College - 2001

This paper provides characterization theorems for preferences. The main assumption is partial separability, where changing a common component of two vectors does not reverse strict preferences, but may turn strict preferences into indifference. We discuss applications of our results to social...

Persistent link: https://www.econbiz.de/10005074104

Entrepreneurial Land Developers: Joint Production, Local Externalities, and Mixed Housing

Konishi, Hideo - Department of Economics, Boston College - 2011

Housing developments (condos and suburban developments) are not necessarily homogeneous. Developers provide different types of units with various sizes and other characteristics catering to different types of customers. In this paper, we allow local consumption externalities within each...

Persistent link: https://www.econbiz.de/10009319236

Semiparametric Quantile Regression Estimation in Dynamic Models with Partially Varying Coefficients

Xiao, Zhijie; Cai, Zongwu - Department of Economics, Boston College - 2010

estimation of the functional coefficients is oracle. In addition, efficiency of parameter estimation is discussed and a simple …

Persistent link: https://www.econbiz.de/10008725945

Enhancing the Efficiency of and Equity in Transplant Organ Allocation via Incentivized Exchange

Sönmez, Tayfun; Unver, M. Utku Ünver - Department of Economics, Boston College - 2015

insurance for the patient for a future renal failure. Efficiency and equity analyses of this scheme are conducted and compared … with efficiency and equity outcomes of live donation and living donor organ exchange. We also present the potential role of …

Persistent link: https://www.econbiz.de/10011123596

Household Formation and Markets

Konishi, Hideo; Gersbach, Hans; Haller, Hans - Department of Economics, Boston College - 2013

We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partner's commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...

Persistent link: https://www.econbiz.de/10011106298

Efficiency and Labor Market Dynamics in a Model of Labor Selection

Chugh, Sanjay K.; Merkl, Christian - Department of Economics, Boston College - 2013

We characterize efficient allocations and cyclical fluctuations in a labor selection model. Potential new hires are heterogenous in the cross-section in their degree of training costs. In a calibrated version of the model that identifies costly selection with micro-level data on training costs,...

Persistent link: https://www.econbiz.de/10010897946

Does Financial Liberalization Improve the Allocation of Investment? Micro Evidence from Developing Countries

Galindo, Arturo; Schiantarelli, Fabio; Weiss, Andrew - Department of Economics, Boston College - 2001

Has financial liberalization improved the efficiency with which investment funds are allocated to competing uses? In … capital. To this end we develop a summary index of the efficiency of allocation of investment. We then examine the … financial reform has lead to an increase in the efficiency with which investment funds are allocated. …

Persistent link: https://www.econbiz.de/10005027880

Efficient Mixed Clubs: Nonlinear-Pricing Equilibria with Entrepreneurial Managers

Konishi, Hideo - Department of Economics, Boston College - 2009

consumers, and show the existence and efficiency of equilibrium with nonlinear policies. We employ entrepreneurial equilibrium …

Persistent link: https://www.econbiz.de/10005041764