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The Future of EU Agricultural Markets by AGMEMOD
This book grasps the opportunity to show the strength of AGMEMOD in terms of baseline analysis at detailed regional and market levels, supported by an experienced team of country-based modellers. This analysis, produced using the AGMEMOD model, will be of interest to researchers working in the field of agricultural policy analysis as well as to policy makers from both the European Commission and its member states’ agriculture ministries.
Mathematical Analyses of Decisions, Voting and Games
This volume contains the proceedings of the virtual AMS Special Session on Mathematics of Decisions, Elections and Games, held on April 8, 2022. Decision theory, voting theory, and game theory are three related areas of mathematics that involve making optimal decisions in different contexts. While these three areas are distinct, much of the recent research in these fields borrows techniques from other branches of mathematics such as algebra, combinatorics, convex geometry, logic, representation theory, etc. The papers in this volume demonstrate how the mathematics of decisions, elections, and games can be used to analyze problems from the social sciences.
Ethics in Econometrics
Econometricians make choices on data, models, and estimation routines. Using various examples, this book shows the consequences of choices.
Measuring and Promoting Wellbeing
Australia continues to be at the forefront of international work on measuring and promoting wellbeing, Ian Castles being a significant contributor over the last forty years as an official and academic. This book combines a selection of Castles’ important work with contemporary research from a range of contributors. The material is in four parts: 1. The role of economics in defining and promoting wellbeing 2. Measuring real income and wellbeing 3. Measuring inequality 4. Climate change and the limits to growth. The issues canvassed are both long-standing and current. Does economic growth contribute to wellbeing? How different is income to wellbeing? How do we measure societal wellbeing and take its distribution into account? The book will be of value to all those looking to informed debate on global challenges such as reducing poverty, sustaining the environment and advancing the quality of life, including politicians, commentators, officials and academics.
Power Indices and Coalition Formation
In recent years, publications on power indices and coalition formation have multiplied. Obviously, the application of these concepts to political institutions, more specifically, to the analysis of the European Union and, as it seems, the election of the President of the United States is getting more and more popular. There are, however, also new theoretical instruments and perspectives that support these applications: First of all, the probabilistic model of coalition formation has to be mentioned which is made operational by the multilinear extension of the characteristic function form of coalition games. This instrument triggered off a reinterpretation of existing power indices and the fo...
Agricultural Biodiversity and Biotechnology in Economic Development
This volume summarizes the current state of knowledge in the economic literature of management of agricultural biotechnology and biodiversity in agricultural and economic development. It identifies key issues confronting policy makers in managing biodiversity and biotechnology and provides a broad, multi-disciplinary analysis of the linkage between the two. It is especially innovative in its use of plant genetic resource management as the basis for is analysis.
Decomposing US Income Inequality À la Shapley
This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We show that the purely racial contribution to income inequality as defined by the Gini index varies from 1% to 4% depending on the geographical administrative divisions used. Race tends to contribute more to inequality in the Western and Southern part of the country. Whatever the division, the share of income inequality associated with gender exceeds greatly that of race. While gender income inequality falls over time, income inequality associated with race tends to increase.
