In a recent work by Dolan and Edlin it is concluded that no link can be established between cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA). However, the conclusion seems to depend rather heavily on what is understood by a link between CBA and CEA as well as on the exact...

Measures of health status, such as e.g. the QALY (Quality Adjusted Life Years) measure, have been proposed as a tool in the economic assessment of new medical technologies, and its possible foundations in individual utility theory have been discussed in the literature. However, the problems of...

In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting claims. They focussed on three operators in order to...

A strong representation of a committee, formalized as a simple game, on a convex and closed set of alternatives is a game form with the members of the committee as players such that (i) the winning coalitions of the simple game are exactly those coalitions, which can get any given alternative...

The concept of capabilities, introduced originally by Sen with the aim to provide a better basis for the theory of inequality, has inspired many researchers but has not found any simple formal representation which might be instrumental in the construction of a comprehensive theory of equality....