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Liberal principles for social welfare relations in infinitely-lived societies

Lombardi, Michele; Veneziani, Roberto - 2009

This paper extends the analysis of liberal principles in social choice recently proposed by Mariotti and Veneziani (2009a) to infinitely-lived societies. First, a novel characterisation of the inegalitarian leximax social welfare relation is provided based on the Individual Benefit Principle,...

Persistent link: https://www.econbiz.de/10003877125

Beware of workaholics : household preferences and individual equilibrium utility

Gersbach, Hans (contributor); Haller, Hans (contributor) - 2005

This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent...

Persistent link: https://www.econbiz.de/10002634134

Strong subjectivism in the Marxian theory of exploitation : a critique

Veneziani, Roberto; Yoshihara, Naoki - 2009

This paper critically analyses the strongly subjectivist approach to exploitation theory recently proposed by Matsuo … exploitation index can be constructed. It is argued that a minimal objectivism is necessary in exploitation theory, whereby … related to the 'New Interpretation' ([1]; [3]). It is argued that it captures the core intuitions of exploitation theory and …

Persistent link: https://www.econbiz.de/10003933905

Exploitation as the unequal exchange of labour : an axiomatic approach

Yoshihara, Naoki; Veneziani, Roberto - 2009

Roemer's (1982, 1988) classical approach and all the crucial insights of exploitation theory are generalised, proving that …

Persistent link: https://www.econbiz.de/10003933908

A product-market theory of industry-specific training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2006

We develop a product market theory that explains why firms provide their workers with skills that are sufficiently …

Persistent link: https://www.econbiz.de/10003387557

Raising juveniles

Bell, Clive; Gersbach, Hans; Schneider, Maik T. - 2010

This paper investigates how families make decisions about the education of juveniles. The decision problem is analyzed in three variations: a 'decentralized' scheme, in which the parents control the purse-strings, but the children dispose of their time as they see fit; a 'hierarchical' scheme,...

Persistent link: https://www.econbiz.de/10003985749

Social democracy and distributive conflict in the UK : 1950 - 2010

Fiorio, Carlo V.; Mohun, Simon; Veneziani, Roberto - 2013

In the last three decades, two questions have been central for the Left. Is there a future for electoral socialism and social democracy? And, is it any longer possible to promote a significant redistribution of income in favour of labour? Political and economic events seem to suggest negative...

Persistent link: https://www.econbiz.de/10009753328

The measurement of labour content : a general approach

Yoshihara, Naoki; Veneziani, Roberto - 2013

theory. …

Persistent link: https://www.econbiz.de/10009753329

Uneven technical progress and unemployment

Gersbach, Hans; Schniewind, Achim - 2002

In a two-sector-economy with real wage rigidity, we examine how technical progress in one sector affects aggregate unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production functions. For every type of technical progress there...

Persistent link: https://www.econbiz.de/10011411100

Can democracy educate a society?

Gersbach, Hans (contributor); Siemers, Lars (contributor) - 2005

We examine whether democratic societies can escape poverty traps. Unrestricted agenda setting with simple majority rules fail to educate a society, because education-enhancing redistribution will not occur. We show that a combination of suitable constitutional rules overcomes this impossibility...

Persistent link: https://www.econbiz.de/10003039641