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Le marché constitue sans aucun doute l'un des principaux objets d'étude et de réflexion de la théorie économique. A ce titre, il est intéressant de constater que le terme "marché" est pratiquement absent de la majorité des écrits de Gérard Debreu, et plus particulièrement de la...
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Despite its increasing role in the economic theory, the externality concept seems to evade any attempt for a rigorous and consensual definition, and this from Meade's original article to Arrow's work. An externality is soon seen as an unpriced "direct interaction" but some of its a priori...
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The ‘conventional cancelation' is a way for employer and employee to mutually agree for ending the labor contract. Officially, it will permit to raise mutually beneficial agreements and to reduce the judge role. First, what is at stake here is the bargaining capacity of the employee and the...
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The ‘conventional cancelation’ is a way for employer and employee to mutually agree for ending the labor contract. Officially, it will permit to raise mutually beneficial agreements and to reduce the judge role. First, what is at stake here is the bargaining capacity of the employee and the...
Persistent link: https://www.econbiz.de/10008764534
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Since von Neuman and Morgenstern's (1944) contribution to game theory, the expected utility criterion has become the standard functional to evaluate risky prospects. Risky prospects are understood to be lotteries on a set of prizes. In which case a decision maker will receive a precise prize...
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