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In this note we introduce a family of functions that various theoretical results have revealed as useful mobility measures. These functions have enabled us to circumvent an impossibility result obtained by Shorrocks (1978), by adapting one of his axioms to the context of mobility as movement. A...
Persistent link: https://www.econbiz.de/10005767637
There is a wide range of economic problems involving the exchange of indivisible goods without monetary transfers, starting from the housing market model of the seminal paper of Shapley and Scarf [10] and including other problems like the kidney exchange or the school choice problems. For many...
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This note investigates the sources of international differences in the levels of per capita health-care expenditure, using data on the OECD countries between 1975 and 2003. To that end, we use Theil's second measure of inequality for decomposing cross-country disparities in per capita...
Persistent link: https://www.econbiz.de/10005442765
The cleaning up of waste present in transboundary rivers, which re- quires the cooperation of dierent authorities, is a problematic issue, espe- cially when responsibility for the discharge of the waste is not well-dened. Following Ni and Wang [12] we assume that a river is a segment divided...
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This paper proposes a new framework of choice under uncertainty, where the only information available to the decision maker is about the the ordinal likelihood of the di erent outcomes each action generates. This contrasts both with the classical models where the potential out- comes of each...
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We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth-telling and trust in sender-receiver games. We find that in an institution with sanctioning opportunities, receivers sanction predominantly after having trusted lies. Individuals who...
Persistent link: https://www.econbiz.de/10010294822