Showing 1 - 10 of 165
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
We examine the strategy-proof provision of excludable public goods when agents care not only about the level of provision of a public good, but also the number of consumers. We show that on such domains strategy- proof and efficient social choice functions satisfying an outsider independence...
Persistent link: https://www.econbiz.de/10005135135
, recasting it into a Lindahl equilibrium framework. It has been shown that altruism towards parents provides an alternative … a sufficiently strong altruism towards parents can change a Pareto inefficient Samuelsonian economy with negative … proposes an ethical principle to supplement the equilibrium theory for guiding agents in their choice of the degree of altruism …
Persistent link: https://www.econbiz.de/10005125689
explained either by altruism or by an exchange motive. Though unequal sharing is expected under both hypotheses, under altruism …
Persistent link: https://www.econbiz.de/10005413268
Using a South African data set, the paper poses six questions about the determinants of subjective well-being. Much of the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of others in the local residential cluster - enters the...
Persistent link: https://www.econbiz.de/10005118826
The debate on the relationship between environmental regulation and competitiveness has been a topic of discussion for … regulation (under the condition that it is efficient) can lead to win-win situations, in which social welfare as well as the … private net benefits of firms operating under such regulation can be increased. This paper analyses the Porter hypothesis with …
Persistent link: https://www.econbiz.de/10005556930
El estudio de las preferencias es uno de los temas menos tratados por la econometría aplicada. En el presente artículo se pretende realizar una aproximación translogarítimica de las preferencias por medio de la construcción de un Índice de Satisfacción de los Hogares (ISH) con base al...
Persistent link: https://www.econbiz.de/10005076523
Plenty of food, Sufficient clothing, Proper monitoring of the Key Socio- Economic factors, with commitment to Domestic Productivity were the Essence of the Administrative strategy of Mrs. Indira Gandhi (Late Prime Minister of India). These approaches could be critically related to the remarkable...
Persistent link: https://www.econbiz.de/10005076600
This paper examines the history of the neoclassical theory of consumer demand from 1871 to 1971 by bringing into play the knowledge theory of the Marburg School, a Neo-Kantian philosophical movement. The work aims to show the usefulness of a Marburg-inspired epistemology in rationalizing the...
Persistent link: https://www.econbiz.de/10005076653
Previous papers on time-inconsistent procrastination assume projects are completed once begun. We develop a model in which a person chooses whether and when to complete each stage of a long-term project. In addition to procrastination in starting a project, a naive person might undertake costly...
Persistent link: https://www.econbiz.de/10005076661