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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
We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an …
Persistent link: https://www.econbiz.de/10010757728
We develop a dynamic network formation model that can explain the observed nestedness in real-world networks. Links are …
Persistent link: https://www.econbiz.de/10011083433
<Para ID="Par1">We introduce a “nestedness” relation for a general class of sender–receiver games and compare …
Persistent link: https://www.econbiz.de/10011240828
We develop a dynamic network formation model that can explain the observed nestedness in real-world networks. Links are …
Persistent link: https://www.econbiz.de/10011019213
We introduce a “nestedness” relation for a general class of sender-receiver games and compare equilibrium properties …
Persistent link: https://www.econbiz.de/10011003720
We introduce a “nestedness” relation for a general class of sender-receiver games and compare equilibrium properties …
Persistent link: https://www.econbiz.de/10011003906
Persistent link: https://www.econbiz.de/10005602842
We develop a dynamic network formation model that can explain the observed nestedness in real-world networks. Links are …
Persistent link: https://www.econbiz.de/10009421649
Ergebnisse zeigen, dass die betriebliche Entscheidung für eine naturschutzfachliche Optimierung abhängig ist von der …
Persistent link: https://www.econbiz.de/10011070486