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Academic research is a public good whose production is supported by the tuition- paying students that a faculty's research accomplishments attract. A professor's spot contribution to the university's revenues thus depends not on her spot research production, but rather on her entire cumulative...
Persistent link: https://www.econbiz.de/10013013560
Academic research is a public good whose production is supported by the tuition-paying students that a faculty's research accomplishments attract. A professor's spot contribution to the university's revenues thus depends not on her spot research production, but rather on her cumulative research...
Persistent link: https://www.econbiz.de/10015216610
Academic research is a public good whose production is supported by the tuition-paying students that a faculty's research accomplishments attract. A professor's spot contribution to the university's revenues thus depends not on her spot research production, but rather on her cumulative research...
Persistent link: https://www.econbiz.de/10005070472
Using data from Ontario, we study the extent to which education mitigates the realized work-disabling effects of permanent occupational injury. Focusing first on the rates of post-injury employment, our results suggest that education has a strong disability-mitigating effect in cases of knee and...
Persistent link: https://www.econbiz.de/10010686032
A judgement aggregation rule takes the views of a collection of voters over a set of interconected issues, and yields a logically consistent collective view. The median rule is a judgement aggregation rule that selects the logically consistent view which minimizes the average distance to the...
Persistent link: https://www.econbiz.de/10014116756
An agent faces a decision under uncertainty with the following structure. There is a set A of “acts”; each will yield an unknown real-valued payoff. Linear combinations of acts are feasible; thus, A is a vector space. But there is no pre-specified set of states of nature. Instead, there is a...
Persistent link: https://www.econbiz.de/10012912951
We consider collective decisions under uncertainty, when agents have "generalized Hurwicz" preferences, a broad class allowing many different ambiguity attitudes, including subjective expected utility preferences. We consider sequences of acts that are “almost-objectively uncertain” in the...
Persistent link: https://www.econbiz.de/10014241802
The class of "rank-additive" (RA) axiologies includes rank-weighted utilitarian, generalized utilitarian, and rank-discounted generalized utilitarian rules; it is a flexible framework for population ethics. This paper axiomatically characterizes RA axiologies and studies their properties in two...
Persistent link: https://www.econbiz.de/10013217529
Sequential majority voting over interconnected binary propositions can lead to the overruling of unanimous consensus. We characterize, within the general framework of judgement aggregation, under what circumstances this happens for some sequence of the voting process. It turns out that the class...
Persistent link: https://www.econbiz.de/10010210617
Persistent link: https://www.econbiz.de/10010211180