Showing 1 - 10 of 103
This article explains the level of economic freedom in Muslim countries through the theory of institutional path dependency. Islamic countries are generally not free and they have a poor record regarding property rights. To explain these realities we use the institutional history of Muslim...
Persistent link: https://www.econbiz.de/10009001275
L'étude de la relation paysage - marché n'est pas aisée car elle met en perspective deux réalités difficiles à appréhender : le marché et le paysage. L'introduction du présent ouvrage a exposé une revue des approches et des définitions du paysage. Pour ce chapitre la définition...
Persistent link: https://www.econbiz.de/10009360292
This article explains the level of economic freedom in Muslim countries through the theory of institutional path dependency. Islamic countries are generally not free and they have a poor record regarding property rights. To explain these realities we use the institutional history of Muslim...
Persistent link: https://www.econbiz.de/10009372719
The evaluation of social risk equity for alternative probability distributions over the potential sets of fatalities is analyzed axiomatically. Fishburn and Straffin [Equity considerations in public risks valuation, Operatons Research 37 (1999), 229-239] have identified a necessary and...
Persistent link: https://www.econbiz.de/10010738551
This paper presents an axiomatic model of decision making under uncertainty which incorporates objective but imprecise information. Information is assumed to take the form of a probability-possibility set, that is, a set $P$ of probability measures on the state space. The decision maker is told...
Persistent link: https://www.econbiz.de/10010738636
We study the Full Bayesian Updating rule for convex capacities. Following a route suggested by Jaffray (1992), we define some properties one may want to impose on the updating process, and identify the classes of (convex and strictly positive) capacities that satisfy these properties for the...
Persistent link: https://www.econbiz.de/10010738640
This paper presents an axiomatic model of decision making which incorporates objective but imprecise information. We axiomatize a decision criterion of the multiple priors (or maxmin expected utility) type. The model achieves two primary objectives. First, it explains how subjective belief...
Persistent link: https://www.econbiz.de/10010750369
We develop an axiomatic approach to decision under uncertainty that explicitly takes into account the information available to the decision maker. The information is described by a set of priors and a reference prior. We define a notion of imprecision for this informational setting and show that...
Persistent link: https://www.econbiz.de/10010750380
We propose an extension of Harsanyi's Impartial Observer Theorem based on the representation of ignorance as the set of all possible probability distributions over individuals. We obtain a characterization of the observer's preferences that, under our most restrictive conditions, is a convex...
Persistent link: https://www.econbiz.de/10010750385
La loi d'orientation agricole du 26 mai 1999 consacre son titre premier à institutionnaliser la multifonctionnalité de l'agriculture en proposant aux agriculteurs des contrats territoriaux d'exploitation. Les CTE sont une nouvelle tentative de réconciliation de l'agriculture et de...
Persistent link: https://www.econbiz.de/10010750410