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acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short …-lived individuals. This paper re-examines the compatibility of those two concerns: prevention against early death and compensation for … a concern for compensation. The reason is that if it is socially desirable to raise the number of survivors through …
Persistent link: https://www.econbiz.de/10010929082
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has … ex ante, and cannot be compensated ex post. We argue that, despite the above difficulties, a compensation can be carried …
Persistent link: https://www.econbiz.de/10010930209
-based compensation, a large amount of free-riding occurs within the team. In contrast, when the team is homogeneous, agents are better …
Persistent link: https://www.econbiz.de/10010750561
This paper examines a situation where a decision-maker determines the appropriate compensation that should be … implemented for a given ecological damage. The compensation can be either or both in monetary and environmental units to meet … three goals : i) no aggregate welfare loss, ii) minimization of the cost associated with the compensation, iii) minimal …
Persistent link: https://www.econbiz.de/10010635175
. We consider two social objectives: (1) the maximin on expected lifetime welfare (ex ante), allowing for a compensation … for unequal life expectancies; (2) the maximin on realized lifetime welfare (ex post), allowing for a compensation for …
Persistent link: https://www.econbiz.de/10010738814
-lived agents, against any intuition of compensation. This paper proposes a remedy to that undesirable property of utilitarianism … exhibits a compensation of short-lived agents, under the form of a higher consumption. Then, in a general framework where …
Persistent link: https://www.econbiz.de/10010738941
dépenses ou manques à gagner. Les surcoûts identifiés et les modes de compensation prévus soulèvent des questions relatives à l …'organisation, de l'évaluation et des conséquences économiques et environnementales de la mise en place d'un système de compensation des … mécanisme de compensation et son origine, nous mesurerons son importance économique et mettrons en évidence ses effets …
Persistent link: https://www.econbiz.de/10008793250
This a chapter for the Handbook of Social Choice and Welfare. It deals with the theory of fairness applied to situations when individuals are partly responsible for their characteristics.
Persistent link: https://www.econbiz.de/10008793496
I develop a simple dynamic model of reputation-based transactions between a buyer in one country and a supplier in another. I use the model to study the impact of a more stringent regulation on the buyer optimal purchase volume within an existing buyer-seller partnership. A more stringent...
Persistent link: https://www.econbiz.de/10009643224
Why do "made in"labels matter? We study the effect of firm and country reputation on exports when buyers cannot observe quality prior to purchase. Firm-level demand is determined by expected quality, which depends on both past experience with the good and the country of origin's reputation for...
Persistent link: https://www.econbiz.de/10010738847