We scrutinize and compare, from the perspective of modern theory of social choice, two rules that have been used to rank competitors in Figure Skating for the past decades. The first rule has been in use at least from 1982 until 1998, when it was replaced by a new one. We also compare these two...

We consider a firm that must undergo a costly and time-consuming regulatory process before making an irreversible, lagged investment whose value varies randomly. We analyze two cases: regulatory approval is valid forever or it expires after some time. We apply our model to Hydro-Québec's...

The Serial Cost Sharing Rule has been conceived originally for problems where agents ask for different quantities of an homogeneous private good, the sum of which is produced by a single facility. Two important features of this rule is the equal treatment of equal demands and the protection it...

We modify the Uzawa-Lucas representative agent model of endogenous economic growth to allow for a variety of differences among households: differences in their tastes, in their human capital production technologies, and in their initial endowments. Some differences are incompatible with the...

La nouvelle théorie du commerce international démontre que la présence de concurrence imparfaite et d'économies d'échelle peut modifier de manière radicale les impacts de politiques commerciales. Toutefois, malgré l'ampleur apparente de ces deux phénomènes dans les pays en...

An indicator of the performance of a tax (and/or benefit) system in generating a high level of social welfare is proposed. Under standard assumptions on the form of the admissible social welfare functions, the indicator is shown to be increasing in the progressivity of the system. It is also...

The Serial Cost Sharing Rule has been conceived originally for problems where agents ask for different quantities of an homogeneous private good, the sum of which is produced by a single facility. In this context, it is endowed with a variety of desirable equity and coherency properties. This...

World wide the electricity industry is undergoing a substantial process of restructuring, with an emphasis on the introduction of competition in the generation sector. Competition is ostensibly going to lead to better incentives, both in the use of existing resources and in future investment...

Canada has ratified the Kyoto Protocol while the United States, its main trading partner, have not. A major concern of Canadian industrial producers is the negative impact on competitiveness of programs designed to reduce greenhouse gas emissions (GHG). To alleviate this concern, the Government...