Showing 1 - 10 of 107
Conditions α and β are two well-known rationality conditions in the theory of rational choice. This paper examines the implications of weaker versions of these two rationality conditions in the context of solutions to nonconvex bargaining problems. It is shown that, together with the standard...
Persistent link: https://www.econbiz.de/10011014394
Conditions α and β are two well-known rationality conditions in the theory of rational choice. This paper examines the implication of weaker versions of these two rationality conditions in the context of solutions to non-convex bargaining problems. It is shown that, together with the standard...
Persistent link: https://www.econbiz.de/10008500332
Conditions α and β are two well-known rationality conditions in the theory of rational choice. This paper examines the implications of weaker versions of these two rationality conditions in the context of solutions to nonconvex bargaining problems. It is shown that, together with the standard...
Persistent link: https://www.econbiz.de/10009145635
This paper discusses issues of axiomatic bargaining problems over opportunity assignments. The fair arbitrator uses the principle of "equal opportunity" for all players to make the recommendation on resource allocations. A framework in such a context is developed and the egalitarian solution to...
Persistent link: https://www.econbiz.de/10008500365
Persistent link: https://www.econbiz.de/10005574177
An extended social choice framework is proposed for the analysis of initial conferment of individual rights. It captures the intuitive conception of decisionmaking procedure as a carrier of intrinsic value along with the instrumental usefulness thereof in realizing valuable culmination outcomes....
Persistent link: https://www.econbiz.de/10005450380
An extended social choice framework is proposed for the analysis of initial conferment of individual rights. This framework captures the intuitive conception of decision-making procedure as a carrier of intrinsic value along with the instrumental usefulness thereof in realizing valuable...
Persistent link: https://www.econbiz.de/10005583491
This paper discusses and develops "non-welfare" arguments on distributive justice a la J.Rawls and A.K. Sen, and formalizes, in co-operative production economies, "non-welfaristic" distribution rules as game form types of resource allocation schemes. First, it conceptualizes the Needs Principle...
Persistent link: https://www.econbiz.de/10005583492
In pruoduction economies with skill differences, this paper discusses resource allocation schemes which are consistent with two notions of procedural fairness: labor sovereignty and equal-division-for-equal-work (EDEW)[Kranich(1994)]. The paper first shows that there always exists an efficient...
Persistent link: https://www.econbiz.de/10005583500
In production economies with unequal skills, this paper characterizes bargaining solutions by using axioms on allocation rules rather than axioms on classical bargaining solutions. Instead of Consistency of Resource Allocation across Dimension (CONRAD)[Roemer (1986, 1988)], which is essentially...
Persistent link: https://www.econbiz.de/10005583520