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Most important results in Social Choice Theory concern impossibility theorems. They claim that no function, as complex as it might be, can satisfy simultaneously a restricted number of fair properties describing a democratic system. However, adopting new voting ideas can push back those limits....
Persistent link: https://www.econbiz.de/10015247505
We consider Roy’s economies with perfectly competitive labor markets and uncertainty. Firms choose their investments in physical capital before observing the characteristics of the workers that they will hire. We provide conditions under which equilibrium allocations are constrained Pareto...
Persistent link: https://www.econbiz.de/10015213562
Project management, a methodological approach that has gained the trust of many organizations, is significantly influenced by leadership and management style, playing a vital role in project success. This discussion paper attempts to underscore the role of leadership and management style in...
Persistent link: https://www.econbiz.de/10015213896
The study assesses the role of globalization-fuelled regionalization policies on financial allocation efficiency in four economic and monetary regions in Africa for the period 1980 to 2008. Banking system and financial system efficiency proxies are used as dependent variables whereas seven...
Persistent link: https://www.econbiz.de/10015213939
In achieving the African Union Agenda 2063 – The Africa We Want – and financing SDGs, African economies will require an unprecedented mobilization of resources. This study examines the role of financial development on the nexus between domestic resource mobilization (DRM) and inclusive...
Persistent link: https://www.econbiz.de/10015214145
standard utilitarian welfare criterion. We study mortality-related redistribution in a more flexible setting. We start by …-mortality people in two cases. First, when welfare criterion features aversion to lifetime inequality which exceeds aversion to …
Persistent link: https://www.econbiz.de/10015214435
This study assesses the sustainability of reintegration programs for repatriated Overseas Filipino Workers (OFWs) in Zamboanga City, focusing on the effectiveness of current initiatives and identifying key areas for improvement. Employing a mixed-methods approach, the research combines...
Persistent link: https://www.econbiz.de/10015214509
This article analyzes the effect of speculation on the economic welfare from various criteria, using a simple Edgeworth …
Persistent link: https://www.econbiz.de/10015214991
This article summarizes some propositions regarding economic dynamics and implications of two-way altruism, on the basis of the human-capital-based OLG model of Ehrlich and Lui (1991) and Ehrlich and Kim (2007) with application of a modified, fertility-endogenized definition of linearly...
Persistent link: https://www.econbiz.de/10015215025
benefited in terms of new values, welfare and employment opportunities. …
Persistent link: https://www.econbiz.de/10015215063