RATIONAL AND SOCIAL CHOICE Part 3 potx

... discussed above: P ($2400, 1) Q ($2500, 33 /34 ; $0, 1 /34 ) and P ∗ ($2400, 34 /100; $0, 66/100) Q ∗ ($2500, 33 /100; $0, 67/100) R ∗ ($2401, 34 /100; $1, 66/100) And suppose that the agent prefers P ... sequential choices shown in Figure 5.1. $2500 33 /34 P(E) = 34 /100 Chance Q Choice E P E $2400 Chance R ∗ $0 Chance $2401 − E $1 1 /34 $0 −E P ∗ , Q ∗ Fig. 5.1. A sequent...

Ngày tải lên: 05/08/2014, 13:20

... exogenous mistakes or mutations and then to investigate the long run when these mistakes become small, as in Kandori et al.(19 93) and Yo u n g ( 19 93) (see also Section 11 .3) . Alternatively, one could ... Economics, 31 , 159–81. (2004). State-Dependent Utility and Decision Theory. In S. Barbera, P. Diamon, and C. Seidl (eds.), Handbook of Utility Theory, ii. 839 –92.Dordrecht:Klu...

Ngày tải lên: 05/08/2014, 13:20

... Anticipated Utility. Journal of Economic Behavior and Organization, 3, 32 3– 43. Ramsey,F.P.(1 931 ). Truth and Probability. In The Foundations of Mathematics and Other Logical Essays, 156–98. London: Routledge ... University Press. Fox,C.R.,andSee,K.E.(20 03) . Belief and Preference in Decision under Uncertainty. In D. Hardman and L. Macchi (eds.), Reasoning and Decision Makin...

Ngày tải lên: 05/08/2014, 13:20

... into two states. Starmer and Sugden obtained choices between lotteries like O 1 and a standard lottery, and lotteries like O ∗ 1 and the same standard lottery. The standard lotteries were always ... theo- ries of rational choice is a matter for debate (see Sugden 1991). 214 daniel read 1 15 16 30 31 100 1 30 31 100 State (Ticket) State (Ticket) O 1 O 1 ∗ $100 $100$100 0 0 Fig. 8...

Ngày tải lên: 05/08/2014, 13:20

... Protect?— Systematics and the Agony of Choice. Biological Conservation, 55, 235 –54. Van Hees,M.(2004). Freedom of Choice and Diversity of Options: Some Difficulties. Social Choice and Welfare, 22, 2 53 66. Weitzman,M.(1992). ... Vane-Wright, Humphries and Williams (1991); Faith (1992, 1994); Solow, Polasky and Broadus (19 93) ; Weitzman (1998); and the volumes edited by Gast...

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... Difficulty. Social Choice and Welfare, 15, 37 1–82. Hansson,S.O.(1992). A Procedural Model of Voting. Theory and Decision, 32 , 269– 30 1. (1996). Social Choice with Procedural Preferences. Social Choice and ... 93, 48–71. Peragine,V.,andRomero-Medina,A.(2006). On Preference, Freedom and Diversity. Social Choice and Welfare, 27, 29–40. Puppe,C.(1995). Freedom of Ch...

Ngày tải lên: 05/08/2014, 13:20

... Cambridge: Cambridge University Press. Fleurbaey,Marc (20 03) . On the Informational Basis of Social Choice. Social Choice and Welfare, 21, 34 7–84. (2005). Social Choice and the Indexing Dilemma. <http://cerses.shs.univ-paris5.fr/ publifleurbaey/scatid.pdf>. Gibbard,Allan ... Mathematical Social Sciences, 33 , 185–202. Tungodden,B.(2005). Responsibility and Redistri...

Ngày tải lên: 05/08/2014, 13:20

... Law and Economics, 21/2, 197–211. Chapman,B.(2002). Rational Aggregation. Politics, Philosophy and Economics, 1 /3, 33 7–54. Claussen,C.A.,andRøisland,O.(2005). Collective Economic Decisions and ... several social groups simultaneously. distributive justice 509 Table 21 .3. Q 2 .3 Sequence Year of investigation 1989 1990 19 93 1994 2002 n =65 n = 93 n =81 n = 63 n =86 0000 0.7...

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... value 38 6 positive 38 9 and rights 38 8–9 versus responsibility 405–8 freedom of choice 37 4–90 cardinality rule 37 4–7 costs of 37 5, 38 7 and diversity 37 5, 37 8–80 extent and value 37 5, 38 5–8 and freedom ... value 37 5, 38 5–8 and freedom 38 4 and opportunity 37 5, 37 7, 37 8, 38 0–2 and preferences 38 0 3 and rights 32 8 32 Frey, B. S. 34 7 Fri...

Ngày tải lên: 05/08/2014, 13:20

... the Eqs. ( 13) and (14) (or Eqs. (15) and (16)) after the second equation and considers an isotropic Π ν (or Π) with diagonal elements equal to E ν /3 (or E /3) . We also mention again the partial ... () () () () 2 /3 2 /3 /8 Re 33 .6625 Pr 1 (1 34 .9622 /8 Pr 1 cc r c ch c d Nu L ξ ξ ⎡ ⎤ − ⎛⎞ ⎢ ⎥ =+ ⎜⎟ ⎢ ⎥ +− ⎝⎠ ⎣ ⎦ , (36 ) 1.0755 1 /3 0.01285Re Pr aaa Nu = , (37 ) where...

Ngày tải lên: 20/06/2014, 01:20