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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
raise important issues for liberal approaches in social choice and political philosophy. -- Liberalism ; Noninterference …
Persistent link: https://www.econbiz.de/10003933903
A key challenge for policymakers is how to design methods to select beneficiaries of social programs when income is volatile and the target population is dynamic. We evaluate a traditional static proxy-means test (PMT) and three policy-relevant alternatives. We use a unique panel dataset of a...
Persistent link: https://www.econbiz.de/10014537359
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010203405
We characterize how the size distribution of plants, within narrowly defined industries, changed in Italy over a ten-year time span, and relate this to the stock of civic capital at the provincial level. Data on plant size come from the 1991 and 2001 Italian censuses. Civic capital turns out to...
Persistent link: https://www.econbiz.de/10009660467
Despite the potential importance of awards as a possible career catalyst, the theoretical and empirical research on awards is still in its infancy. Here, we address this notable shortcoming in the economic literature by exploring data from German youth football. Analyzing whether an early career...
Persistent link: https://www.econbiz.de/10012486027
This paper analyses Rawls's celebrated difference principle, and its lexicographic extension, in societies with a finite and an infinite number of agents. A unified framework of analysis is set up, which allows one to characterise Rawlsian egalitarian principles by means of a weaker version of a...
Persistent link: https://www.econbiz.de/10003877121
Persistent link: https://www.econbiz.de/10011392252
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