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This paper introduces and characterizes the number-sensitive critical-level generalized utilitarian family of population principles which is a generalization of the critical-level generalized-utilitarian family. Number-sensitive critical-level utilitarian principles rank alternatives by using a...
Persistent link: https://www.econbiz.de/10005553528
This article considers measures of individual welfare change for projects that change the state distribution of prices and incomes. For a consumer whose preferences satisfy the expected utility hypothesis, we investigate whether there is an increasing function of the state-contingent...
Persistent link: https://www.econbiz.de/10005585302
In the past quarter century, there has been a dramatic shift of focus in social choice theory, with structured sets of alternatives and restricted domains of the sort encountered in economic problems coming to the fore. This article provides an overview of some of the recent contributions to...
Persistent link: https://www.econbiz.de/10005752754
We provide a characterization of selection correspondences in two-person exchange economies that can be core rationalized in the sense that there exists a preference profile with some standard properties that generates the observed choices as the set of core elements of the economy for any given...
Persistent link: https://www.econbiz.de/10005237077
Persistent link: https://www.econbiz.de/10005237079
Significant amount of vertical technology transfer occurs betweendeveloped and developing country firms, yet the literature on intellectual propertyrights did not pay much attention to this aspect...
Persistent link: https://www.econbiz.de/10005868561