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The following issues are being adressed in this paper: the relationship of accounting and accounting law with the local economy, the relationship of accounting and accounting law with macroeconomics, establishing public policies for certain categories of enterprises based on information provided...
Persistent link: https://www.econbiz.de/10011004872
This paper shows a new optical visualization of demand and supply based on the application of surfaces. The objective of initiating the demand and supply surfaces is to propose the application of multi-dimensional graphs among academics, economists and policy makers in the study of...
Persistent link: https://www.econbiz.de/10011258210
The article represents a brief review and development of the plenary report in the Moscow Institute of Physics and Technology. Three existing tools of sub-interval analysis (sub-interval arithmetic, incomplete data analysis and images) are reviewed and elements of two new tools (sub-interval...
Persistent link: https://www.econbiz.de/10011259835
We propose a new model to study the role of commitment as a sourceof strategic bargaining power. Two impatient players bargain aboutthe division of a pie under a standard bargaining protocol indiscrete time with time-invariant recognition probabilities.Instantaneous utility is linear, but...
Persistent link: https://www.econbiz.de/10011199130
Given a family of linear budget sets, an allocation is equal opportunity equivalent (Thomson, 1994) if there exists a common budget set such that each agent is indi¤erent between the bundle that he gets and the best bundle he can obtain in the choice set. We first study therobustness properties...
Persistent link: https://www.econbiz.de/10011199136
We consider the generalization of Shapley and Scarf''s (1974) model of trading indivisible objects (houses) to so-called multiple-type housing markets. We show (Theorem 1) that the prominent solution for these markets, the coordinate-wise core rule, is second-best incentive compatible. In other...
Persistent link: https://www.econbiz.de/10011199142
Consider exchange economies in which preferences are continuous, convex and strongly monotonic. It is well known that the Walrasian correspondence is not Nash implementable. Maskin monotonicity (Maskin, 1999) is violated for allocations at the boundary of the feasible set. We derive an...
Persistent link: https://www.econbiz.de/10011199145
This paper proposes an assignment model where sorting occurs on attributes that are simultaneously a skill (Sattinger, 1979) and a preference (Tinbergen, 1956). The key feature of this model is that the wage function admits both jobs'' and workers'' attributes as arguments. Since this function...
Persistent link: https://www.econbiz.de/10011199147
A population''s level of terrorism depends on two factors: people''s preferences (would they like creating damage?) and the constraints under which people act (what damage could they create, and at what punishment?). Cause-related policies, e.g. improving social stability or education, aim at...
Persistent link: https://www.econbiz.de/10011199150
We extend the domain of preferences to include menu-dependent preferences and characterize the maximal subset of this domain in which the revelation principle holds. Minimax-regret preference is shown to be outside this subset.
Persistent link: https://www.econbiz.de/10011199151