Showing 1 - 7 of 7
The joint UNRISD-UNESCO series of Occasional Papers on Culture and Development is a first step in facilitating and catalyzing an international debate on culture and development based on high-quality research. In this, the second paper in the series, the author considers some conceptual issues...
Persistent link: https://www.econbiz.de/10011580176
Non-positivity of the generalized substitution effect, non-positivity of the own-price substitution effect, homogeneity of degree zero in all prices and income, and the law of demand are some of the most primitive comparative static results in the standard revealed preference theory of...
Persistent link: https://www.econbiz.de/10010269516
Food insecurity and hunger have traditionally been measured by aggregate food supplies or by variables correlated with food insecurity. Because these measures often poorly reflect individuals’ true deprivation, economists have turned to surveys with direct questions about food insecurity....
Persistent link: https://www.econbiz.de/10010284652
Human development is about expanding the choices human beings have to lead lives that they value and is captured by its capability sets which consist of various functioning vectors. The standard of living is then reflected in capability sets. This paper proposes some particular ways of measuring...
Persistent link: https://www.econbiz.de/10010300185
In this paper we axiomatically characterize two recursive procedures for defining a social group. The first procedure starts with the set of all individuals who are defined by everyone in the society as group members, while the starting point of the second procedure is the set of all individuals...
Persistent link: https://www.econbiz.de/10010272613
In this paper, we examine the performance of the market mechanism by focusing on whether no one, in the "long-run", can be left behind with technological innovation in the economy. We show that the market mechanism with technological innovation unavoidably leaves some individuals behind. We...
Persistent link: https://www.econbiz.de/10012388909
In the presence of (at least locally) increasing returns to scale tech- nologies, the paper asks the question: does there exist an economic system which implements Pareto efficient allocations and respects the voluntary participation principle? To answer this question, the paper formulates an...
Persistent link: https://www.econbiz.de/10012388910