Showing 1 - 10 of 16,931
We solve the problem of a social planner who seeks to minimize inequality via transfers with a fixed public budget in a distribution of exogenously given incomes. The appropriate solution method depends on the objective function: If it is convex, as in the case of the absolute mean deviation, it...
Persistent link: https://www.econbiz.de/10011513031
Persistent link: https://www.econbiz.de/10001434013
A weighted game or a threshold function in general admits different weighted representations even if the sum of non-negative weights is fixed to one. Here we study bounds for the diameter of the corresponding weight polytope. It turns out that the diameter can be upper bounded in terms of the...
Persistent link: https://www.econbiz.de/10012898553
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10011377258
Persistent link: https://www.econbiz.de/10001260173
Persistent link: https://www.econbiz.de/10012055170
As a response to a changing labour market scenario and to the concerns for increasing costs and bad incentives of traditional income support policies, the last decades have witnessed, in many countries, reforms introducing more sophisticated designs of means-testing, eligibility and tagging. In...
Persistent link: https://www.econbiz.de/10013307242
Persistent link: https://www.econbiz.de/10009572971
Persistent link: https://www.econbiz.de/10001461857
Persistent link: https://www.econbiz.de/10001750681