This paper provides an analysis of solutions to bankruptcy problems from an axiomatic point of view. In particular, we provide characterizations of certain classes of solutions involving the properties of linearity, symmetry and efficiency. Furthermore, we show that there is a unique solution...

The Pareto optimal concept does not concern with fairness or equality, it is a concept related to efficiency. In this paper, using techniques from the general equilibrium theory, we relate efficiency, fairness and stability of an economy.

General Equilibrium Theory (GE) scrutinizes the ability of markets to achieve efficient allocation of resources. The main purpose of this work is, in the framework to the GE to analyze, the possibility of design a mechanism enabling agents to make independent decisions compatible with social...

In the framework of the general equilibrium theory, we introduce an evolutionary model for an economy with production. This will try to explain the possibility of the emergence of unexpected and unpredictable changes (economic crisis), in the economy as a result of the action, under imperfect...

This paper studies the joint dynamics of corruption and pollution in a model of evolutionary game theory, where firms face a given pollution standard and the government must check the compliance to this standard by means of public officials who can be honest or not. A novelty of our paper is...

In this paper, we consider a society composed of citizens grouped in different economic strata based on income, who must pay taxes, but there are incentives to do so, and a set of public officials (auditors), whose function is to monitor compliance with the tax rules among citizens. We assume...

In this work the evolutionary dynamics of migratory behavior driven by imitation is studied. We show that, any migratory flow, driven by the imitation, can be modeled by a dynamic system, once the rules governing imitative behavior of the population, are established. The parameters...

We analyze the main dynamical properties of the evolutionarily stable strategy ESS for asymmetric two-population games of finite size in its corresponding replicator dynamics. We introduce a defnition of ESS for two-population asymmetric games and a method of symmetrizing such an asymmetric...

Since the early nineties in Swedish starts a welfare state transformation process that allows the participation of private operators in sectors emblematic of the welfare state, such as education, health, child care and assistance to adults. To date, experience shows that the coexistence of...

Our concern in this work is to obtain conditions for the uniqueness of equilibria, with commodity bundles as consumption patterns which depend on the state of the world. In the first section we consider an economy with complete markets, where consumption spaces are a finite product of measurable...