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This Comment examines Judge Papalia’s decision to suspend proceedings in the Chapter 11 corporate bankruptcy case In re Modell’s Sporting Goods, Inc. Controversially, this decision effectively postponed Modell’s commercial rent obligations during the COVID-19 economic shutdown. The Comment...
Persistent link: https://www.econbiz.de/10013229211
For joint liability problems concerning tort law, a legal compensation scheme may be based on lower and upper bounds of compensation for injury and on case-system consistency. Introducing several properties inspired from this observation, we analyze compensation schemes axiomatically under the...
Persistent link: https://www.econbiz.de/10012990699
This paper begins by proposing two cardinal measures of inequality in life chances. Using as its database a matrix in which the lines correspond to the social category of parents and the columns to the income distribution of their children, it then highlights the importance of the marginal...
Persistent link: https://www.econbiz.de/10003727098
The first aim of this paper is to clarify the differences and rela-tionships between cumulative advantage/disadvantage and the Matthew ef-fect. Its second aim, which is also its main contribution, is not only to present a new measure of the Matthew effect, but also to show how to esti-mate this...
Persistent link: https://www.econbiz.de/10008696724
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10003937883
Inequality, bi-polarization and polarization are related but distinct concepts aiming at analysing the income distribution. This paper first recalls the main differences between these three notions of inequality, bipolarization and polarization and then suggests using the so-called Shapley...
Persistent link: https://www.econbiz.de/10009747421
Inequality, bi-polarization and polarization are related but distinct concepts aiming at analysing the income distribution. This paper first recalls the main differences between these three notions of inequality, bipolarization and polarization. It then shows that a close look at the impact of...
Persistent link: https://www.econbiz.de/10009628170
This paper aims at measuring and analysing for the first time inequality in the distribution of expenditures among households in Togo according to the characteristics of household heads. The study is based on the most recent survey (QUIBB 2006) and the monetary well-being indicator used is total...
Persistent link: https://www.econbiz.de/10010434565
This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development brings insights about the dynamics of skill accumulation to an otherwise static literature on...
Persistent link: https://www.econbiz.de/10011494022
This paper considers, in the context of the fixed-population constant-sum comparison of income distributions, a number of intransitive binary relations smaller than Lorenz dominance. We determine their transitive closure and we study how they relate to each other and to other relations that have...
Persistent link: https://www.econbiz.de/10013138225