We consider the privatization of State-Owned Enterprises (SOEs) of which markets can be opened to competition once privatization takes place and competitors can compete successfully against them in a few years. The currently used "Revenue Maximization (RM)" scheme maximizes the government...

Much of economic theory still considers the household as a homogeneous and harmonious unit where the spouses have equal power. A well-known empirical fact is that women, in general, earn less than men. Several studies suggest that a woman's power within household is related to her income....

We consider the privatization of State-Owned Enterprises (SOEs) of which markets can be opened to competition once privatization takes place and competitors can compete successfully against them in a few years. The currently used "Revenue Maximization (RM)" scheme maximizes the government...

In dispute resolution, arbitrator assignments are decentralized and they incorporate parties’preferences, in total contrast to referee assignments in sports. We suggest that there can begains (i) in dispute resolution from centralizing the allocation by bundling the newly arrivingcases, and...

The empirical evidence on the Kuznets hypothesis ranges from positive or negative support to insignificant relationships. This hypothesis is typically tried in most studies in domains different than the one conceived by Kuznets, which pertains to the industrialization-led urbanization (i.e.,...

In this study we replace the three standard properties (namely, 'Weak Pareto Optimality', Symmetry', and 'Independence of Equivalent Utility Representations') in the axiomatic characterizations of the Nash and Kalai/Somorodinsky solution concepts. In the characterization of the Nash solution,...