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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

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

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

Globalization and general worker training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2004 - [Elektronische Ressource]

We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus replaced with a market with greater demand and...

Persistent link: https://www.econbiz.de/10001957223

Endogenous spillovers and incentives to innovate

Gersbach, Hans; Schmutzler, Armin - 1999 - This version: January 1999

Persistent link: https://www.econbiz.de/10001447209

A product market theory of worker training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2003 - [Elektronische Ressource]

We develop a product market theory that explains why firms invest in general training of their workers. We consider a …

Persistent link: https://www.econbiz.de/10001729428

Do decision makers have subjective probabilities? : an experimental test

Ronayne, David; Veneziani, Roberto; Zame, William R. - 2022 - This version: June 21, 2022

Anscombe and Aumann (1963) offer a definition of subjective probability in terms of comparisons with objective probabilities. That definition - which has provided the basis for much of the succeeding work on subjective probability - presumes that the subjective probability of an event is...

Persistent link: https://www.econbiz.de/10013264885