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Advances in Public Economics: Utility, Choice and Welfare: A Festschrift for Christian Seidl

Ulrich Schmidt ; Stefan Traub (eds.)

Resumen/Descripción – provisto por la editorial

No disponible.

Palabras clave – provistas por la editorial

Public Economics; Operation Research/Decision Theory; Microeconomics; Economic Theory/Quantitative Economics/Mathematical Methods

Disponibilidad
Institución detectada Año de publicación Navegá Descargá Solicitá
No detectada 2005 SpringerLink

Información

Tipo de recurso:

libros

ISBN impreso

978-0-387-25705-1

ISBN electrónico

978-0-387-25706-8

Editor responsable

Springer Nature

País de edición

Reino Unido

Fecha de publicación

Información sobre derechos de publicación

© Springer 2005

Cobertura temática

Tabla de contenidos

Competition, Welfare, and Competition Policy

Kotaro Suzumura

We study the basic height conjecture for points on curves defined over number fields and show: On any algebraic curve defined over a number field the set of algebraic points contains an unrestricted subset of infinite cardinality such that for all of its points their canonical height is bounded in terms of a small power of their root discriminant. In addition, if we assume GRH, then the upper bound is, as it is conjectured, linear in the logarithm of the root discriminant.

Pp. 1-15

In What Sense is the Nash Solution Fair?

Walter Trockel

We study the basic height conjecture for points on curves defined over number fields and show: On any algebraic curve defined over a number field the set of algebraic points contains an unrestricted subset of infinite cardinality such that for all of its points their canonical height is bounded in terms of a small power of their root discriminant. In addition, if we assume GRH, then the upper bound is, as it is conjectured, linear in the logarithm of the root discriminant.

Pp. 17-30

Utility Invariance in Non-Cooperative Games

Peter J. Hammond

Traditionally, game theorists have contented themselves with specifying a single numerical payoff function for each player. They do so without any consideration of the units in which utility is measured, or what alternative profiles of payoff functions can be regarded as equivalent. This paper will have succeeded if it leaves the reader with the impression that considering such measurement issues can considerably enrich our understanding of the decision-theoretic foundations of game theory. A useful byproduct is identifying which games can be treated as equivalent to especially simple games, such as two-person zero-sum games, or team games.

Finally, it is pointed out that the usual utility concepts in single-person decision theory can be derived by considering different players’ objectives in the whole class of consequentialist game forms, rather than just in one particular game.

Pp. 31-50

Compensated Demand and Inverse Demand Functions: A Duality Approach

Susanne Fuchs-Seliger

We study the basic height conjecture for points on curves defined over number fields and show: On any algebraic curve defined over a number field the set of algebraic points contains an unrestricted subset of infinite cardinality such that for all of its points their canonical height is bounded in terms of a small power of their root discriminant. In addition, if we assume GRH, then the upper bound is, as it is conjectured, linear in the logarithm of the root discriminant.

Pp. 51-60

Shadow Prices for a Nonconvex Public Technology in the Presence of Private Constant Returns

John A. Weymark

We have presented equivalence scales derived from a survey where subjects have been asked to assess the income needs of different hypothetical households given five levels of reference income of a reference household. We find that equivalence scales obtained negatively depend on the level of reference income. This finding strongly questions the results of previous studies where equivalence scales have been assumed to be constant. Obviously, this constancy assumption either means an overestimation of the needs of “rich” or the underestimation of the needs of “poor” multi-person households or the mis-specification of the needs of both. Second, the number of adults in the household turns out to be an important criterion for the evaluation of children needs. According to our respondents, the income needs of children are an increasing function of the number of adult household members. It is, therefore, necessary to broaden economic models with respect to this interaction.

Pp. 61-71

A Glance at Some Fundamental Public Economics Issues Through a Parametric Lens

Christos Koulovatianos

We study the basic height conjecture for points on curves defined over number fields and show: On any algebraic curve defined over a number field the set of algebraic points contains an unrestricted subset of infinite cardinality such that for all of its points their canonical height is bounded in terms of a small power of their root discriminant. In addition, if we assume GRH, then the upper bound is, as it is conjectured, linear in the logarithm of the root discriminant.

Pp. 73-104

Rent Seeking in Public Procurement

Dieter BöS; Martin Kolmar

We study the basic height conjecture for points on curves defined over number fields and show: On any algebraic curve defined over a number field the set of algebraic points contains an unrestricted subset of infinite cardinality such that for all of its points their canonical height is bounded in terms of a small power of their root discriminant. In addition, if we assume GRH, then the upper bound is, as it is conjectured, linear in the logarithm of the root discriminant.

Pp. 105-118

A New Subjective Approach to Equivalence Scales: An Empirical Investigation

Carsten Schröder; Ulrich Schmidt

We have presented equivalence scales derived from a survey where subjects have been asked to assess the income needs of different hypothetical households given five levels of reference income of a reference household. We find that equivalence scales obtained negatively depend on the level of reference income. This finding strongly questions the results of previous studies where equivalence scales have been assumed to be constant. Obviously, this constancy assumption either means an overestimation of the needs of “rich” or the underestimation of the needs of “poor” multi-person households or the mis-specification of the needs of both. Second, the number of adults in the household turns out to be an important criterion for the evaluation of children needs. According to our respondents, the income needs of children are an increasing function of the number of adult household members. It is, therefore, necessary to broaden economic models with respect to this interaction.

Pp. 119-134

Utility Independence In Health Profiles: An Empirical Study

Ana M. Guerrero; Carmen Herrero

We study the basic height conjecture for points on curves defined over number fields and show: On any algebraic curve defined over a number field the set of algebraic points contains an unrestricted subset of infinite cardinality such that for all of its points their canonical height is bounded in terms of a small power of their root discriminant. In addition, if we assume GRH, then the upper bound is, as it is conjectured, linear in the logarithm of the root discriminant.

Pp. 135-150

Constructing a Preference-Oriented Index of Environmental Quality

Michael Ahlheim; Oliver Frör

We study the basic height conjecture for points on curves defined over number fields and show: On any algebraic curve defined over a number field the set of algebraic points contains an unrestricted subset of infinite cardinality such that for all of its points their canonical height is bounded in terms of a small power of their root discriminant. In addition, if we assume GRH, then the upper bound is, as it is conjectured, linear in the logarithm of the root discriminant.

Pp. 151-172