This is the third of four papers devoted to the 2021 German federal elections continuing our analysis of the 2009, 2013 and 2017 Bundestag elections. Currently, only China has a parliament larger than the German Bundestag, which still grows due to the increasing number of overhang mandates. The...

This is the last of four papers devoted to the 2021 German federal elections continuing our analysis of the 2009, 2013 and 2017 Bundestag elections. It is shown that the policy representation by the Bundestag could be improved using the alternative Third Vote election method. Under the Third...

This book operationalizes the idea of political representation, which is fundamental to modern democracies. Both individual representatives and representative bodies are evaluated using the indices of popularity (the average percentage of the population whose opinion is represented on topical...

The paper explains the use of composite indicators as objective functions in econometric decision models. We consider an example of minimizing the harm from two kinds of pollution at the workplace, which can be reduced by two types of anti-pollution measures restricted to a given budget. At...

The current trends in the capital/labor split and the impacts thereof on the growth of inequality are one of the main concerns of national governments, European Commission and international organizations like UN, ILO, IMF, OECD and WB. These trends are usually studied at the macro level of...

I Opening Speech -- Opening Remarks: A Retrospection over 35 Years of Work -- II Keynote Addresses -- Decision Models and Preferences: The Pioneering Contributions of Ragnar Frisch -- Experiments with Preference Functions -- III Representation of Preferences by Objective Functions -- On the...