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Ken Arrow (1998) asks, “What has economics to say about racial discrimination?” He replies – entirely correctly – that … by economic theory, but “the hypothesis of employer discrimination does not at all explain segregation by occupation …
Persistent link: https://www.econbiz.de/10011260187
discrimination, the conceptual reach of economic theory needs extension. I propose a generalization by assigning non … discrimination. …
Persistent link: https://www.econbiz.de/10011260675
discrimination, personal freedoms and power, among others, which are impossible to explain at a formal level on the basis of an …
Persistent link: https://www.econbiz.de/10008529321
We prove the existence of a Pareto optimal state of a finite society that has socially differentiated persons, each with non-binary personal preferences that quasi-order a finite set of alternatives. Everybody engages in a volitional act of choice by maximization of non-binary preferences. As a...
Persistent link: https://www.econbiz.de/10011111129