Showing 1 - 10 of 350
they don’t understand democracy. In 1951 the mathematician Kenneth Arrow formulated his Impossibility Theorem in social … welfare theory and since then mathematicians have been damaging democracy. My book Voting Theory for Democracy (VTFD) tries to … save democracy and social welfare from such destruction. VTFD applies deontic logic to Arrow’s Theorem and shows that Arrow …
Persistent link: https://www.econbiz.de/10009367967
Arrow’s Impossibility Theorem in social choice finds different interpretations. Bordes-Tideman (1991) and Tideman (2006) suggest that collective rationality would be an illusion and that practical voting procedures do not tend to require completeness or transitivity. Colignatus (1990 and 2011)...
Persistent link: https://www.econbiz.de/10009368469
Preface to his monograph on the socio-philosophical analysis of the social control of the state over society as one of the most important instruments of social control. The book is intended for researchers, managers, as well as for anyone interested in issues of social management and control in...
Persistent link: https://www.econbiz.de/10011111753
This study explores the impact of the economic crisis on the agricultural sector of Turkey. The data used covers the … the economic crisis that occurred after the 1980’s on the agricultural sector of Turkey. Applying the VAR model a robust …
Persistent link: https://www.econbiz.de/10008836404
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
Ethiopia is considered to be one of the oldest nations in the world but at present its socio-economic condition is not satisfactory. It is the second most populous country in Sub-Saharan Africa. It is rated the poorest and most heavily indebted countries of the world, ranked last out of 208...
Persistent link: https://www.econbiz.de/10011259015
This paper examines the nexus between political instability and economic growth in 10 CEE countries in transition in the period 1990-2009. Our results support the contention that political instability defined as a propensity for government change had a negative impact on growth. On the other...
Persistent link: https://www.econbiz.de/10011259433
This paper examines the nexus between political instability and economic growth in 10 CEE countries in transition in the period 1990-2009. Our results support the contention that political instability defined as a propensity for government change had a negative impact on growth. On the other...
Persistent link: https://www.econbiz.de/10011260644
This paper presents a theoretical model with micro-foundations that captures some important features of Pakistan's economy which have emerged in sixty-four years of its history. A comparison of Pakistan’s economic performance during different regimes shows that macroeconomic fundamentals tend...
Persistent link: https://www.econbiz.de/10009404629
This study investigates the effects of political instability on inflation in Pakistan. Applying the Generalized Method of Moments and using data from 1951-2007, we examine this link in two different models. The results of the ‘monetary’ model suggest that the effects of monetary determinants...
Persistent link: https://www.econbiz.de/10005836236