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Sharing the Cost of a Public Good without Subsidies

FLEURBAEY, Marc; SPRUMONT, Yves - Département de Sciences Économiques, Université de … - 2006

We study the construction of a social ordering function for the case of a public good financed by contributions from the population, and we extend the analysis of Maniquet and Sprumont (2004) to the case when contributions cannot be negative, i.e. agents cannot receive subsidies from others.

Persistent link: https://www.econbiz.de/10005729796

A Mixed Bentham-Rawls Criterion for Intergenerational Equity : Theory and Implications

ALVAREZ-CUADRADO, Francisco; LONG, Ngo Van - Centre Interuniversitaire de Recherche en Économie … - 2007

Ranking development programs using integrals of discounted utilities can yield drastic consequences that offend our sense of justice. New alternative social welfare criteria should be considered. A reaction to discounted utilitarianism is to moderate its effects by adding to the social welfare...

Persistent link: https://www.econbiz.de/10008617016

Sharing the Cost of a Public Good without Subsidies

FLEURBAEY, Marc; SPRUMONT, Yves - Centre Interuniversitaire de Recherche en Économie … - 2006

Persistent link: https://www.econbiz.de/10008617085

A recursive core for cooperative games with overlapping coalitions

Agbaglah, Messan - Département d'économique, Faculté d'administration - 2014

This paper develops an extension of the recursive core to the setting of overlapping coalitions. We show that the cooperative game theoretical traditional way of separating a deviant coalition from the game played by the ones left behind is no more satisfactory. We therefore introduce a new...

Persistent link: https://www.econbiz.de/10010942760

The Effect of Adversity on Process Innovations and Managerial Incentives

Dostie, Benoit; Jayaraman, Rajshri - Centre Interuniversitaire sur le Risque, les Politiques … - 2009

improving efficiency. …

Persistent link: https://www.econbiz.de/10005015310

Determinants of Insurers' Performance in Risk Pooling, Risk Management, and Financial Intermediation Activities

Dionne, Georges; Gagné, Robert; Nouira, Abdelhakim - Centre Interuniversitaire sur le Risque, les Politiques … - 2007

Corporate finance theory predicts that firms' characteristics affect agency costs and hence their efficiency. Cummins … et al. (2006) have proposed a cost function specification that measures separately insurer efficiency in handling risk …. Independent agents and high capitalization reduce the cost efficiency of risk pooling. Certain characteristics such as being a …

Persistent link: https://www.econbiz.de/10005015328

Efficient and Non-Deteriorating Choice

BOSSERT, Walter; SPRUMONT, Yves - Département de Sciences Économiques, Université de … - 2002

We analyze collective choice procedures with respect to their rationalizability by means of profiles of individual preference orderings. A selection function is a generalization of a choice function where selected alternatives may depend on a reference (or status quo) alternative in addition to...

Persistent link: https://www.econbiz.de/10005353254

Efficient Strategy-Proof Allocation Functions in Linear Production Economies

MANIQUET, François; SPRUMONT, Yves - Département de Sciences Économiques, Université de … - 1998

In a linear production model, we characterize the class of efficient and strategy-proof allocation functions, and the class of efficient and coalition strategy-proof allocation functions. In the former class, requiring equal treatment of equals allows us to identify a unique allocation function....

Persistent link: https://www.econbiz.de/10005353391

Economic Rationality in Value Space

Bouchard, M. - Département de Sciences Économiques, Université de … - 1971

Persistent link: https://www.econbiz.de/10005353428

On a Theorem of Allais

Bronsard, C. - Département de Sciences Économiques, Université de … - 1974

Persistent link: https://www.econbiz.de/10005353499