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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

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

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

Macroeconomic and stock market interactions with endogenous aggregate sentiment dynamics

Flaschel, Peter; Charpe, Mattieu; Galanis, Giorgos; … - 2017

This paper studies the implications of heterogeneous capital gain expectations on output and asset prices. We consider a disequilibrium macroeconomic model where agents' expectations on future capital gains affect aggregate demand. Agents' beliefs take two forms - fundamentalist and chartist -...

Persistent link: https://www.econbiz.de/10011671937

Equality of when?

Galanis, Giorgos; Veneziani, Roberto - 2017

This paper analyses the temporal unit of egalitarian concern. In the intertemporal context, the differences between egalitarian views can be appreciated not only in inequality analysis but also as regards the ideal egalitarian distribution to be established. In this paper, three...

Persistent link: https://www.econbiz.de/10011596402

Technical progress, capital accumulation, and distribution

Yoshihara, Naoki; Veneziani, Roberto - 2019

accumulate. Consistent with the basic intuitions of Marx's theory of technical change, we show that there is no obvious relation …

Persistent link: https://www.econbiz.de/10012150038

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

Fiorio, Carlo V.; Mohun, Simon; Veneziani, Roberto - 2013 - This version: 6 May, 2013

Persistent link: https://www.econbiz.de/10011765161