Showing 41,401 - 41,410 of 41,544
The neoclassical way to cope with firms providing services, or with clubs procuring services, is restricted by the lack of institutional features. An institutional approach is introduced that requires a cooperative governance to realize the potential value-production by firms, or to realize the...
Persistent link: https://www.econbiz.de/10005660512
Following a long-standing philosophical tradition, impartiality is a distinctive and determining feature of moral judgements, especially in matters of distributive justice. This broad ethical tradition was revived in welfare economics by Vickrey, and aboce all, Harsanyi, under the form of the...
Persistent link: https://www.econbiz.de/10005660676
The paper considers the problem of comparing income distributions for heterogeneous populations. Following Atkinson and Bourguignon (1987), we divide the population in different groups of needs and evaluate the social welfare with a utilitarian function. By considering the Generalized...
Persistent link: https://www.econbiz.de/10005660690
A general procedure inspired by the Shapley value is proposed for decompodsing any inequality index by factor components or by populations subgroups. To do so we define two types of inequality games. Although these games cannot be expressed in terms of unanimity games, an axiomatization of the...
Persistent link: https://www.econbiz.de/10005660700
This article is largely a survey of ideas and findings about economic inequality. It begins with an account of the socialist demand for economic equality and shows that this is incompatibloe with the rival social value of liberty. Utilitarismn which has dominated economic work on the problem, is...
Persistent link: https://www.econbiz.de/10005660712
A class of inequality measures that is a natural companion to the popular Lorenz curve is the class of measures that are linear in incomes. These measures, which include the Gini and S-Gini coefficients, can be interpreted as ethical means of relative deprivation feelings. Their change through...
Persistent link: https://www.econbiz.de/10005661227
The Serial Cost Sharing Rule has been conceived originally for problems where agents ask for different quantities of an homogeneous private good, the sum of which is produced by a single facility. In this context, it is endowed with a variety of desirable equity and coherency properties. This...
Persistent link: https://www.econbiz.de/10005661243
This paper uses the sequencing of privatisation to infer the objective pursued by the Polish government in the privatisation of its large manufacturing firms in the second half of the 1990's. We construct a model of mixed oligopoly, and use it to evaluate the privatisation process; our analysis...
Persistent link: https://www.econbiz.de/10005661699
This Paper constructs and analyses a long run time series for regional inequality in China from the Communist Revolution to the present. There have been three peaks of inequality in the last fifty years, coinciding with the Great Famine of the late 1950s, the Cultural Revolution of the late...
Persistent link: https://www.econbiz.de/10005661875
¿Cómo puede definirse la justicia en la educación? Hacerlo de una manera rigurosa requiere la elaboración de algunas alternativas metodológicas importantes. Este artículo, se concentra en la más básica de ellas: los logros educativos esenciales (currency of educational justice). Dado que...
Persistent link: https://www.econbiz.de/10008483916