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The Socially optimal outcome

Negotiating Socially Optimal Allocations of Resources with Argumentation

Negotiating Socially Optimal Allocations of Resources with Argumentation

... Walton and Krabbe [WK95] define a dialogue as an orderly sequence of utterances (moves) between two participants where each participant has a goal and the dialogue, as a whole, has a goal. We interpret the “goal” of a ...

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Essays on socially optimal phosphorus policies in crop production

Essays on socially optimal phosphorus policies in crop production

... ly optimal use of phosphorus and the de- sirability of constructing vegetative filter ...examines optimal Pigouvi- an taxes that would incentivize the pri- vate farmer to undertake socially ...

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Optimal outcome in individuals with a history of autism

Optimal outcome in individuals with a history of autism

... function socially within the normal range? Methods: The present study documents a group of these optimal outcome individuals (OO group, n = 34) by comparing their functioning on standardized measures ...

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Multifunctional agriculture: The effect of non public goods on socially optimal policies

Multifunctional agriculture: The effect of non public goods on socially optimal policies

... How about the other possible elements of multifunctionality? The qualitative effects and precise channels will depend on the non-public goods aspects chosen. Interestingly, promoting high food safety and quality would ...

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Bounded Rationality and Socially Optimal Limits on Choice in a Self-Selection Model

Bounded Rationality and Socially Optimal Limits on Choice in a Self-Selection Model

... 2 The Luce Model 2 Consider an individual who has to choose one among a set of mutually exclusive alternatives. Neoclassical economic theory assumes that the indi- vidual has a utility function that allows him or her to ...

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Bounded Rationality and Socially Optimal Limits on Choice in A Self Selection Model

Bounded Rationality and Socially Optimal Limits on Choice in A Self Selection Model

... 2 The Luce Model 2 Consider an individual who has to choose one among a set of mutually exclusive alternatives. Neoclassical economic theory assumes that the indi- vidual has a utility function that allows him or her to ...

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Multifunctional Agriculture: The Effect of Non-Public Goods on Socially Optimal Policies

Multifunctional Agriculture: The Effect of Non-Public Goods on Socially Optimal Policies

... How about the other possible elements of multifunctionality? The qualitative effects and precise channels will depend on the non-public goods aspects chosen. Interestingly, promoting high food safety and quality would ...

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Containment of socially optimal policies in multiple-facility Markovian queueing systems

Containment of socially optimal policies in multiple-facility Markovian queueing systems

... an optimal routing and admission control policy and model this as a Markov Decision Process (MDP) (see, eg, Puterman, 1994) for a complete description and rigorous theoretical treatment of ...that optimal ...

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Sustainable Heterogeneity in Exogenous Growth Models: The Socially Optimal Distribution by Government’s Intervention

Sustainable Heterogeneity in Exogenous Growth Models: The Socially Optimal Distribution by Government’s Intervention

... arguments indicate that the prospect of being exterminated should produce extreme fear (i.e., extreme disutility) in human beings. As Becker (1980) showed, unless sustainable heterogeneity is achieved, less advantaged ...

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Sustainable Heterogeneity as the Unique Socially Optimal Allocation for Almost All Social Welfare Functions

Sustainable Heterogeneity as the Unique Socially Optimal Allocation for Almost All Social Welfare Functions

... The concept of utility should be consistent with the theory of evolution, and the above arguments indicate that the prospect of being exterminated should produce extreme fear (i.e., extreme disutility) in human beings. ...

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Language comprehension and brain function in individuals with an optimal outcome from autism

Language comprehension and brain function in individuals with an optimal outcome from autism

... functioning ASD (the “HFA” group) and a group with a history of typical development (TD) ( Fein et al., 2013 ). While the OO children met criteria for ASD early in development, they had lost all symptoms of ASD and were ...

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Socially Optimal Mechanisms

Socially Optimal Mechanisms

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Socially responsible investing: moral and optimal?

Socially responsible investing: moral and optimal?

... Stratton Funds:Small Cap Yield Fund 96-00 1.10 34.32 0.093 0.189 0.004 0.004 0.013 Stratton Growth Fund 72-00 1.04 43.17 0.137 0.174 0.003 0.006 0.010 TCW/DW Small Cap Growth Fund 97-00 0.94 305.71 0.083 0.005 -0.005 ...

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Socially Optimal Districting: A Theoretical and Empirical Exploration

Socially Optimal Districting: A Theoretical and Empirical Exploration

... In developing a model in which to analyze optimal districting, we faced many di erent mod- elling choices. In order for the reader to understand the reasons for the choices we have made, we brie y discuss the key ...

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Socially Optimal Pricing of Cloud Computing Resources

Socially Optimal Pricing of Cloud Computing Resources

... use. Socially efficienct operation might as well be aligned with the interests of certain commercial public clouds, as it can help build the company’s long-run reputation in this emerging ...

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CiteSeerX — Negotiating socially optimal allocations of resources

CiteSeerX — Negotiating socially optimal allocations of resources

... In the second part of the paper we apply our methodology to agent societies where the concept of social welfare is given a different kind of interpretation than is commonly the case in the multiagent systems literature. ...

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A Model of the Socially Optimal Use of Liability and Regulation

A Model of the Socially Optimal Use of Liability and Regulation

... might well be advantageous to employ both means of controlling risk and to adopt a "low" regulatory standard (one less than the standard were regulation used alone) because the i[r] ...

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Notes on Habit Formation and Socially Optimal Growth

Notes on Habit Formation and Socially Optimal Growth

... Abstract The interaction between habit formation and pollution-type ex- ternalities modi…es the social optimum through discount e¤ects and elasticity e¤ects. If the substitution elasticity does not exceed unity, both ...

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On the Pareto Efficiency of a Socially Optimal Mechanism for Monopoly Regulation

On the Pareto Efficiency of a Socially Optimal Mechanism for Monopoly Regulation

... Department of Economics, Ipek University, Ankara, Turkey Baron and Myerson (BM) (1982) propose an incentive-compatible, individually rational and ex-ante socially optimal direct-revelation mechanism to ...

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Stardom, Peer-to-peer and the Socially Optimal Distribution of Music

Stardom, Peer-to-peer and the Socially Optimal Distribution of Music

... the optimal government policy; and how the legitimate producer should respond to piracy both through conventional business strategy, specifically pricing, and instruments particularly directed at ...

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