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We prove the existence of a Pareto optimal state of a society with non-binary personal preferences. To our knowledge, this is the weakest set of conditions under which the existence of a Pareto optimal state has been proven. In our theory everybody in society engages in maximization as a...
Persistent link: https://www.econbiz.de/10015225254
We prove the existence of a Pareto optimal state of a finite society that has socially differentiated persons, each with non-binary personal preferences that quasi-order a finite set of alternatives. Everybody engages in a volitional act of choice by maximization of non-binary preferences. As a...
Persistent link: https://www.econbiz.de/10015232334
We prove the existence of a Pareto optimal state of a society with non-binary personal preferences. To our knowledge, this is the weakest set of conditions under which the existence of a Pareto optimal state has been proven. In our theory everybody in society engages in maximization as a...
Persistent link: https://www.econbiz.de/10015250462
In this work we construct a lower bound for an odd perfect number in terms of the number of its distinct prime factors. We further generalize the formula for any natural number for which the number of its distinct prime factors is known.
Persistent link: https://www.econbiz.de/10015227065
As shown by Euler an odd perfect number n must be of the form n=p^α m^2 where p≡α≡1 (mod 4) and p is called the special prime. In this work we show that p≥13 and if q∈{3,5} and q|n then either gcd⁡(q,σ(m^2 ))=1 or gcd⁡(q,σ(p^α ))=1.
Persistent link: https://www.econbiz.de/10015227373
We prove the existence of a Pareto optimal state in a society with non-binary preferences.
Persistent link: https://www.econbiz.de/10015257662
Persistent link: https://www.econbiz.de/10001023794
Persistent link: https://www.econbiz.de/10001343715
This paper compares the models of Arrow and Debreu [1954] and Sraffa [1960], and concludes that (1) the models are informationally distinct conceptions of a capitalist economy, (2) they support radically distinct - though complete and entirely correct - theories of value, (3) the prices in the...
Persistent link: https://www.econbiz.de/10009382882
Agency-based explanations of the great deprivation, contrasted with structure-based explanations, suffer not merely from the criticism of relying on irrational and irresponsible behavior of millions, including that of the most astute financial experts, but are also at a loss to explain why such...
Persistent link: https://www.econbiz.de/10015215027