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Social choice theory is concerned with providing a rationale for social decisions when individuals have diverse opinions. Voting is an obvious way in which societies aggregate individual preferences to obtain social ones. The procedure of voting registers individual comparisons between...
Persistent link: https://www.econbiz.de/10005622080
The problem of endowing preferences with manifold structures emerged from discussions with Gerard Debreu in 1975 . Time has shown that such structures can be useful in understanding the behavior of economic systems . In Chichilnisky (1976) spaces of smooth preferences were endowed with a Hilbert...
Persistent link: https://www.econbiz.de/10005623317
This paper analyses problems of labor market adjustments to occupational safety and health (OSH) hazards. It also presents analytical models for the eventual measurement and empirical analyses of factors effecting the level of OSH hazards in the workplace. This study does not pretend to deal...
Persistent link: https://www.econbiz.de/10005623320
Global modeling has evolved remarkable in the last two decades. Such evolution led global modeling to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to...
Persistent link: https://www.econbiz.de/10005623330
For any intransitive community preference, we construct a non-convex economy where all the marginal cost pricing general equilibria are Pareto inefficient (theorem 3.2). The result is valid without requiring a fixed income distribution rule (corollary 3.3). Intransitive community preferences are...
Persistent link: https://www.econbiz.de/10005623380
This is a book review on the book, Trade and Structural Change in Pacific Asia. The book is a collection of papers by various authors focusing on the economies of Pacific Asia. The papers were produced for a 1984 seminar sponsored by the NFBER and the Malaysian Economic Association.
Persistent link: https://www.econbiz.de/10005623448
This chapter analyzes the possibility of manipulation in futures markets, concentrating on the effects that manipulation may have on their informational efficiency . We use the concept of manipulation as it arises in the study of noncooperative games with imperfect information . The problem can...
Persistent link: https://www.econbiz.de/10005623471
This paper analyses both the basic assumptions and the results of the better known and widely used global models - specifically, the UN world model, the RIO (Reshaping the International Order) model and the Bariloche model - in relation to basic needs and to North-South interdependence. The...
Persistent link: https://www.econbiz.de/10005626868
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