Showing 1 - 5 of 5
An overlapping generations model of marriage and divorce is constructed to analyze family structure and intergenerational mobility. Agents differ by sex, marital status, and human capital. Single agents meet in a marriage market and decide whether to accept or reject proposals to wed. Married...
Persistent link: https://www.econbiz.de/10005200786
We applied a notion of minimal-monotonic extention to a variety of economic models and showed that the minimal monotonic extension of a number of solutions can be easily calculated.
Persistent link: https://www.econbiz.de/10005200803
We obtain semiparametric efficiency bounds for estimation of a location parameter in a time series model where the innovations are stationary and ergodic conditionally symmetric marginale differences but otherwise prossess general depence and distributions of unknown from. We then describe an...
Persistent link: https://www.econbiz.de/10005808106
We address the problem of allocating indivisible goods and some amount of an infinitely divisible good among agents with equal rights on these resources. Our specific objective is to investigate the implications of the following requirement on allocation rules : when the preferences of some of...
Persistent link: https://www.econbiz.de/10005808109
In allocation problems of perfectly divisible goods, we study the equity property of 'no-domination', according to which no agent can receive strictly more of all goods than any other agent. We prove that no-domination is incompatible with Pareto efficiency, as soon as preferences are allowed to...
Persistent link: https://www.econbiz.de/10005808174