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It is important for a team whether it is good or bad for the common weal when a certain individual joins. this will depend on the aims of that team and the qualities of that individual. In this article criteria will be developed which are concerned with this problem. Based on the evaluations of...
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In this paper we will show that upper semicontinuity of the indirect utility function implies the upper semicontinuity of the direct utility function. By strengthening the assumptions, one can also deduce the continuity of the utility function. Based on indirect utility functions a model of...
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When each of the members of a collective displays a demand behavior that is consistent with a homogeneous of degree one in income demand, it is well known that some properties carry over to the aggregate representative consumer. We investigate those issues when the components of the society are...
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When each of the members of a collective displays a demand behavior that is consistent with a homogeneous of degree one in income demand, it is well known that some properties carry over to the aggregate representative consumer. We investigate those issues when the components of the society are...
Persistent link: https://www.econbiz.de/10010835827
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