This Article Proposes the Family of Probability Distributions Known As the Generalized Beta of the Second Kind (Gb2) As a Principal Set of Distributions for Modeling Insurance Loss Processes. the Gb2 Family Gamma, Encompasses Many Commonly Used Distributions Such As the Log-Normal, Gamma, and...

Dans Cet Article, Nous Etudions le Marche du Travail a L'aide D'une Fonction de Salaire, D'une Fonction de Demande de Travail Ainsi Que D'une Fonction de Demande Globale. le Plus Long Developpement Concerne la Fonction de Salaire Ou Nous Tentons de Tenir Compte de la Productivite Marginale du...

We consider situations in which agents are notable to completely distinguish between all alternatives. Preferences respect individual objective indifferences if any two alternatives are indifferent whenever an agent cannot distinguish between them. We present necessary and sufficient conditions...

This paper presents a new model of voter behaviour under methods of proportional representation (PR). We abstract away from rounding, and assume that a party securing k percent of the vote wins exactly k percent of the available seats. Under this assumption PR is not manipulable by any voter...

The following properties of the core of a one well-known: (i) the core is non-empty; (ii) the core is a lattice; and (iii) the set of unmatched agents is identical for any two matchings belonging to the core. The literature on two-sided matching focuses almost exclusively on the core and studies...

Static oligopoly analysis predicts that if a single firm in Cournot equilibrium were to be constrained to contract its production marginally, its profits would fall. on the other hand, if all the firms were simultaneously constrained to reduce their productino, thus moving the industry towards...