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On Representative Social Capital
Bellemare, Charles; Kroger, Sabine - Centre Interuniversitaire sur le Risque, les Politiques … - 2005
This paper analyzes data for a random sample drawn from the Dutch population who reveal their capacity to provide and sustain social capital by their propensity to invest and reward investments by means of an economic experiment. We have three main results. First, we find that heterogeneity in...
Persistent link: https://www.econbiz.de/10005696313
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Tax Evasion and Social Interactions
Fortin, Bernard; Lacroix, Guy; Villeval, Marie-Claire - Centre Interuniversitaire sur le Risque, les Politiques … - 2004
, our model takes into account social conformity effects (i.e., endogenous interactions), fairness effects (i.e., exogenous … imposing any exclusion restrictions. Our results are consistent with fairness effects but reject social conformity and …
Persistent link: https://www.econbiz.de/10005696333
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On Risk Aversion, Classical Demand Theory, and KM Preferences
Mirman, Leonard J.; Santugini, Marc - Centre Interuniversitaire sur le Risque, les Politiques … - 2011
Building on Kihlstrom and Mirman (1974)’s formulation of risk aversion in the case of multidimensional utility functions, we study the effect of risk aversion on optimal behavior in a general consumer’s maximization problem under uncertainty. We completely characterize the relationship...
Persistent link: https://www.econbiz.de/10009324263
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The Income Effect under Uncertainty: a Slutsky-Like Decomposition with Risk Aversion
Antoniadou, Elena; Mirman, Leonard J.; Santugini, Marc - Centre Interuniversitaire sur le Risque, les Politiques … - 2013
We study the effect of changing income on optimal decisions in the multidimensional expected utility framework with strongly separable preferences. Using the Kihlstrom and Mirman (1974) (KM) utility representation, we show that the effect of changing income can be decomposed into a modified...
Persistent link: https://www.econbiz.de/10010728904
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Consistent Relations
BOSSERT, Walter - Département de Sciences Économiques, Université de … - 2006
Consistency, a natural weakening of transitivity introduced in a seminal contribution by Suzumura (1976b), has turned out to be an interesting and promising concept in a variety of areas within economic theory. This paper summarizes its recent applications and provides some new observations in...
Persistent link: https://www.econbiz.de/10005353184
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Consistent Relations
BOSSERT, Walter - Centre Interuniversitaire de Recherche en Économie … - 2006
Consistency, a natural weakening of transitivity introduced in a seminal contribution by Suzumura (1976b), has turned out to be an interesting and promising concept in a variety of areas within economic theory. This paper summarizes its recent applications and provides some new observations in...
Persistent link: https://www.econbiz.de/10008617081
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Mondialisation et inégalités de genre chez les populations des états membres de l’union économique et monétaire ouest africaine
Badji, Marie Suzanne - Département d'économique, Faculté d'administration - 2008
La revue des travaux portant sur la mondialisation est révélatrice d’une place marginale accordée au genre dans l’analyse des inégalités. Forte de ce constat, cette recherche est une tentative de vérification de la thèse néo-libérale selon laquelle la mondialisation actuelle...
Persistent link: https://www.econbiz.de/10005642189
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Budget-Balance, Fairness and Minimal Manipulability
ANDERSSON, Tommy; EHLERS, Lars; SVENSSON, Lars-Gunnar - Département de Sciences Économiques, Université de … - 2010
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent’s bundle. Under … fairness, efficiency is equivalent to budget-balance (all the available money is allocated among the agents). Budget …-balance and fairness in general are incompatible with non-manipulability (Green and Laffont, 1979). We propose a new notion of the …
Persistent link: https://www.econbiz.de/10010933673
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Social Choice: Recent Developments
BOSSERT, Walter; WEYMARK, J.A. - Département de Sciences Économiques, Université de … - 2006
In the past quarter century, there has been a dramatic shift of focus in social choice theory, with structured sets of alternatives and restricted domains of the sort encountered in economic problems coming to the fore. This article provides an overview of some of the recent contributions to...
Persistent link: https://www.econbiz.de/10005353335
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Sharing the Cost of a Public Good: an Incentive-Constrained Axiomatic Approach
SPRUMONT, Yves; MANIQUET, François - Département de Sciences Économiques, Université de … - 2006
partial, is possible. We search for incentive-constrained efficient allocation rules that display fairness properties …
Persistent link: https://www.econbiz.de/10005353508