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This Paper Argues for a Hypothesis Regarding a Social Welfare Function Which Seems in Line with Theoretical Considerations and Observations About the Policy-Maker's Behavior. We Make Use of a Lexicographic Ordering to Define the Planner's Choice Among Altenatives.
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Nous Prevoyons Pour 1984 une Croissance Reelle de L'activite Se Situant Entre 2,5 - 3,0%. le Comportement des Inventaires et des Investissements Prives Demeure une Source Importante D'incertitude Pour 1984. Egalement, le Deficit du Gouvernement Americain et Celui du Compte Courant des Etats-Unis...
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In the Economics of Schooling Literature, Input Substitutions Have Been Identified As the Major Difficulty to Assess School and Teacher Effectiveness. in This Paper We Examine Whether Teachers' Grading Practices Can Improve Students Academic Achievement by Reducing These Input Substitutions. We...
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We survey recent axiomatic results in the theory of cost-sharing. In this litterature, a method computes the individual cost shares assigned to the users of a facility for any profile of demands and any monotonic cost function. We discuss two theories taking radically different views of the...
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