notion of creative learning agents who bring about novelty. We argue that apart from the challenges it poses for positive … theorizing, novelty (be it technological, institutional or commercial) also has a complex normative dimension that standard … welfare economics is unsuited to deal with. We show that welfare economics has to be reconstructed on the basis of …

notion of creative learning agents who bring about novelty. We argue that apart from the challenges it poses for positive … theorizing, novelty (be it technological, institutional or commercial) also has a complex normative dimension that standard … welfare economics is unsuited to deal with. We show that welfare economics has to be reconstructed on the basis of …

development, welfare, and justice. … backdrop of considerations about the meaning of justice in the context of sustainability. We argue that the preservation of the … natural basis of life is by itself a requirement of justice. However, the crucial role of the ecological dimension of …

The mainly used welfare criterion in the social network literature is Bentham´s utilitarian concept. The shortcomings … of this concept are well-known. We compare the outcomes of the utilitarian concept with the Nash social welfare function … of welfare considerations of important network formation models are evaluated by using the multiplicative concept. We …

development, welfare, and justice. … backdrop of considerations about the meaning of justice in the context of sustainability. We argue that the preservation of the … natural basis of life is by itself a requirement of justice. However, the crucial role of the ecological dimension of …