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Economics

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Axiomatizing ordinal welfare egalitarianism when preferences may vary

Article Abstract:

Ordinal welfare egalitarianism represents a strong solidarity form based on varied feasibility constraints and preferences. Solidarity characterized by variations in feasibility constraints suggests ordinal welfare egalitarianism, while solidarity based on preferences change does not mean ordinal welfare egalitarianism. The combination of both solidarities does not form a total welfare egalitarianism but a complicated one.

Models, Collective behavior

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Ordinal cost sharing

Article Abstract:

An analysis of the mechanisms for solving cost-sharing problems with homogenous cost functions reveals that using an Ordinality Axiom, the mechanisms may be extended to arbitrary problems. The axiom requires all cost shares to invariant under all increasing transformations of the measuring scales and that the Aumann-Shapley extension of the proportional mechanisms is not ordinal.

Research and Development in the Physical, Engineering, and Life Sciences, Statistics, Econometrics & Model Building, Analysis, Econometrics, Statistics (Mathematics), Business models, Cost (Economics), Costs (Economics), Instrumental variables (Statistics), Instrumental variables

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On the testable implications of collective choice theories

Article Abstract:

Research is presented describing the role of collective choice in economic theory making decisions.

International Affairs, Economics, Research and Development in the Social Sciences and Humanities, Economic Intelligence, Economic indicators, Economic methods, International communication

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