Showing 1 - 10 of 20
Human development is about expanding the choices human beings have to lead lives that they value and is captured by its capability sets which consist of various functioning vectors. The standard of living is then reflected in capability sets. This paper proposes some particular ways of measuring...
Persistent link: https://www.econbiz.de/10014059175
We conduct a lab-experimental study of bargaining over the distribution of monetary losses. Groups of four differently endowed participants must agree, as a group, on the contribution each participant will make to cover a financial loss imposed on the group. The study sheds light on burden...
Persistent link: https://www.econbiz.de/10012961756
This paper discusses issues of axiomatic bargaining problems over opportunity assignments. The fair arbitrator uses the principle of "equal opportunity" for all players to make the recommendation on resource allocations. A framework in such a context is developed and several classical solutions...
Persistent link: https://www.econbiz.de/10014058667
This paper develops a conceptual framework, which can accommodate a wide range of value judgments used in ethical evaluations of extended social states and which can be used to differentiate different categories of value judgments by referring to the type of information on which they may be...
Persistent link: https://www.econbiz.de/10013075994
This paper discusses the behavior of some well-known solutions to standard bargaining problems on the basis of solidarity-type axioms. The paper provides alternative axiomatizations of the egalitarian and the Kalai-Smorodinsky solutions
Persistent link: https://www.econbiz.de/10012733972
There exists a utilitarian tradition a la Sidgwick of treating equal generations equally in the form of anonymity. Diamond showed that no social evaluation ordering over infinite utility streams satisfying the Pareto principle, Sidgwick's equity principle, and the axiom of continuity exists. We...
Persistent link: https://www.econbiz.de/10012730363
Non-consequentialist features of a choice procedure may matter. The procedural aspect behind availability of alternatives may induce an individual to abstain from choosing any element at all so that the choice set becomes empty. In this paper, the concept of choice is related to procedural...
Persistent link: https://www.econbiz.de/10012733974
We study simple majority rule from a perspective of coalitional decision makings. Four attrative properties each linking decisions by a group to decisions by its various coalitions are introduced, and are used for characterizing simple majority rule. Our characterization result provides an...
Persistent link: https://www.econbiz.de/10014215539
In decision-making involving multiple criteria or attributes, the attributes are often divided into core and non-core attributes. A dominance principle is formulated in terms of core attributes, and this principle is applied whenever it is applicable. If, however, the dominance principle defined...
Persistent link: https://www.econbiz.de/10014215544
When a society's overall deprivation or living standard is assessed in a multi-attribute framework, the following procedure is often used. First, for each attribute, a summary index is constructed to reflect a society's performance in relation to this attribute. Then, an indicator of the overall...
Persistent link: https://www.econbiz.de/10014221240