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economically sound, i.e., for which the values satisfy desirability and positivity. Put differently, we indicate requirements on … fair taxation in TU games by which solidarity among players is expressed. …
Persistent link: https://www.econbiz.de/10010309488
would be expected from non-cooperative theory. Second, this possible solidarity among 'brothers in arms' when fighting …
Persistent link: https://www.econbiz.de/10010274925
In the Solidarity Game (Selten and Ockenfels, 1998), two "rich" persons can support a "poor" one. A strong positive … correlation between one rich person's solidarity contribution and his expected contribution of the other is observed. This paper …
Persistent link: https://www.econbiz.de/10010297227
For many people "solidarity" has become a meaningless word used in slogans - too often used without leading to any … economic consequences. We show in this paper conditions under which solidarity can be a powerful instrument. In a solidary … feelings of mutual exchange (solidarity) within a group. …
Persistent link: https://www.econbiz.de/10010297236
normative categories such as justice, solidarity, responsibility, sustainability, and corporate citizenship. Based on this …
Persistent link: https://www.econbiz.de/10011733772
surplus division value is pinpointed to one axiom. Moreover, we shed light on solidarity principles embodied in the equal …
Persistent link: https://www.econbiz.de/10010309489
characterization, the null player property indicates the absence of solidarity among the players. First, we replace the null player …-negative. Second, the equal treatment property is strengthened into desirability. This way, we obtain a new characterization of the …
Persistent link: https://www.econbiz.de/10010310158
We propose localized spectral estimators for the quadratic covariation and the spot covolatility of diffusion processes which are observed discretely with additive observation noise. The eligibility of this approach to lead to an appropriate estimation for time-varying volatilities stems from an...
Persistent link: https://www.econbiz.de/10010281562
uses the ordonomic framework to critically reflect common notions of normative categories such as justice, solidarity …
Persistent link: https://www.econbiz.de/10011733747
, especially where it follows the principle of a Social Market Economy to organize solidarity as market-based inclusion. Here lie … unemployment traps. Here, too, it holds true that market inclusion is practical solidarity. (4) In order to make a better use of …
Persistent link: https://www.econbiz.de/10011733754