Similar Search Results

Quasi-likelihood or extended quasi-likelihood? An information-geometric approach

Vos, Paul - In: Annals of the Institute of Statistical Mathematics 47 (1995) 1, pp. 49-64

Persistent link: https://www.econbiz.de/10005760238

Does market coordination lead to justice or to strict efficiency in Social Choice and Individual Values?

Berthonnet, Irène; Desreumaux, Vincent - In: Cahiers d’économie politique / Papers in Political … (2014) 66, pp. 95-126

The paper tries to clarify the status of the market in Social Choice and Individual Values. It shows how Arrow at first intended to propose a third theorem of welfare economics (Feldman [1991]), which would show that the market achieves not only Pareto-optimality, but also equitable social...

Persistent link: https://www.econbiz.de/10010787025

The performance of four possible rules for selecting the Prime Minister after the Dutch Parliamentary elections of September 2012

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2013

Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...

Persistent link: https://www.econbiz.de/10011112692

The performance of four possible rules for selecting the Prime Minister after the Dutch Parliamentary elections of June 2010

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2010

Persistent link: https://www.econbiz.de/10008530713

Information aggregation, speculation, and arbitrage in a simple option market experiment

Rockenbach, Bettina - In: Revue d'économie politique 111 (2001) 1, pp. 41-65

The fact that all arbitrage opportunities are exploited is a fundamental assumption of option pricing theory. Empirical and experimental studies of investment decisions, however, found that arbitrage is not completely exploited by individuals. Instead, observed behavior is much better explained...

Persistent link: https://www.econbiz.de/10011187167

Preference of Social Choice in Mathematical Economics

Islam, Jamal; Mohajan, Haradhan; Moolio, Pahlaj - Volkswirtschaftliche Fakultät, … - 2008

Mathematical Economics is closely related with Social Choice Theory. In this paper, an attempt has been made to show this relation by introducing utility functions, preference relations and Arrow’s impossibility theorem with easier mathematical calculations. The paper begins with some...

Persistent link: https://www.econbiz.de/10011260951

THE FUNDAMENTAL PRIVATIZATION THEOREM: IDEOLOGY, EVOLUTION, PRACTICE

Radygin, Alexander; Entov, Revold - Gaidar Institute for Economic Policy - 2014

are considered: based on the principal-agent relationship; based on the comparison of the structure of information flows …

Persistent link: https://www.econbiz.de/10010744653

Failures of the State: Theory and Policy

Entov, Revold; Radygin, Alexander - Gaidar Institute for Economic Policy - 2012

their effect on the efficiency of economic processes. Special attention is paid to the problem of information retrieval as a …

Persistent link: https://www.econbiz.de/10010617339

Knowledge and the Valuation of Public Goods and Experiential Commodities: Information Provision and Acquisition

Tisdell, Clement A. - School of Economics, University of Queensland - 2006

. It also analyses whether information provision about the attributes or characteristics of commodities is likely to result … in individuals’ finding their ‘true’ preferences for these, and identifies the type and nature of information that should … attributes that individuals are unable to evaluate. Furthermore, individuals acquire and filter information about commodities …

Persistent link: https://www.econbiz.de/10008465436

Modern political economy

Frohlich, Norman; Oppenheimer, Joe A. - 1978

Persistent link: https://www.econbiz.de/10004008680