Recherche
Voici les éléments 21-30 de 69
Anonymous Single-Profile Welfarism
(Université de Montréal. Département de sciences économiques., 2004)
This note reexamines the single-profile approach to social-choice theory. If an alternative is interpreted as a social state of affairs or a history of the world, it can be argued that a multi-profile approach is inappropriate ...
Time Reversibility of Stationary Regular Finite State Markov Chains
(Université de Montréal. Département de sciences économiques., 2004)
We propose an alternate parameterization of stationary regular finite-state Markov chains, and a decomposition of the parameter into time reversible and time irreversible parts. We demonstrate some useful properties of the ...
Bayesian Analysis for a Theory of Random Consumer Demand: The Case of Indivisible Goods
(Université de Montréal. Département de sciences économiques., 2004)
McCausland (2004a) describes a new theory of random consumer demand. Theoretically consistent random demand can be represented by a \"regular\" \"L-utility\" function on the consumption set X.
The present paper is about ...
Aumann-Shapley Pricing : A Reconsideration of the Discrete Case
(Université de Montréal. Département de sciences économiques., 2004)
We reconsider the following cost-sharing problem: agent i = 1,...,n demands a quantity xi of good i; the corresponding total cost C(x1,...,xn) must be shared among the n agents. The Aumann-Shapley prices (p1,...,pn) are ...
A Theory of Random Consumer Demand
(Université de Montréal. Département de sciences économiques., 2004)
This paper presents a new theory of random consumer demand. The primitive is a collection of probability distributions, rather than a binary preference. Various assumptions constrain these distributions, including analogues ...
Interpersonal Comparisons of Well-Being
(Université de Montréal. Département de sciences économiques., 2004)
This paper, which is to be published as a chapter in the Oxford Handbook of Political Economy, provides an introduction to social-choice theory with interpersonal comparisons of well-being. We argue that the most promising ...
Relative Uncertainty and Additively Representable Set Rankings
(Université de Montréal. Département de sciences économiques., 2004)
This paper proposes a definition of relative uncertainty aversion for decision models under complete uncertainty. It is shown that, for a large class of decision rules characterized by a set of plausible axioms, the new ...
Reference Groups and Individual Deprivation
(Université de Montréal. Département de sciences économiques., 2004)
We provide an axiomatization of Yitzhaki’s index of individual deprivation. Our result differs from an earlier characterization due to Ebert and Moyes in the way the reference group of an individual is represented in the ...
Nearly Serial Sharing Methods
(Université de Montréal. Département de sciences économiques., 2004)
A group of agents participate in a cooperative enterprise producing a single good. Each participant contributes a particular type of input; output is nondecreasing in these contributions. How should it be shared? We analyze ...
The Progressivity of Equalization Payments in Federations
(Université de Montréal. Département de sciences économiques., 2004)
We investigate the conditions under which an inequality averse and additively separable welfarist constitution maker would always choose to set up a progressive equalization payments scheme in a federation with local public ...