The relation between religion, economy and the country became a major topic in the development of public welfare systems. Humans are political creatures that have the potential to realise the level of moral conscience to meet the needs of a better life, but humans as spiritual beings must have a...

This paper carries out a brief analysis of Amartya Sen’s thinking on Justice, based on Part IV of his book The Idea of Justice. Besides of describing Sen’s thoughts on the subject, the paper aims to contextualize it in the evolution of Sen’s work and in the general discussion on Justice in...

The Tenth Annual Report published by "Sos Impresa", an Antiracket Association, notices that the organized crime is ah heavy "ballast" in the Southern Italian Economy: "Mafia Business makes annual revenues for 90 mln €, about the 6% ofItalian GDP". This work presents a reading of the organized...

The urgent need for higher levels of productivity and competitiveness to meet the demands of the domestic and international market, poses serious challenges to productive and educational systems of the department of Santander, Colombia. It follows from the results obtained in the two sectors;...

Nobel prize to Professor Amartya Sen is a recognition to value based orientation and ethical dimensions of economics, and it is this aspect that invites attention of all those who plead for the role of human values and ethics in economics.

We develop a general method to solve models of interactions between multiple agents, including the possibility of strategic advantage for some of them. We argue that this type of model applies to the description of apparently irrational or biased behaviors in a person whose action is the...

Nelson Mandela said, “During my lifetime I have dedicated myself to this struggle of the African people. I have fought against White domination, and I have fought against Black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony...

This paper uses a field experiment to investigate the quality of individuals' forecasts of relative performance in tournaments. We ask players in luck-based (poker) and skill-based (chess) tournaments to make point forecasts of rank. The main finding of the paper is that players' forecasts in...

This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in literature rest upon the ability to choose over budget sets that contains only 2 or 3 elements, the situations which are not observable in real life. In order to give a more...