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Young, H. Peyton, (1945-)

Equity : in theory and practice / H. Peyton Young.

Princeton, N.J. : Princeton University Press, c1994.

Abstract: Governments and institutions, perhaps even more than markets, determine who gets what in our society. They make the crucial choices about who pays the taxes, who gets into college, who gets medical care, who gets drafted, where the hazardous waste dump is sited, and how much we pay for public services. Debate about these issues inevitably centres on the question of whether the solution is "fair". In "Equity: In Theory and Practice", H. Peyton Young offers a systematic explanation of what we mean by fairness in distributing public resources and burdens, and applies the theory to actual cases. Young begins by reviewing some of the major theories of social justice, showing that none of them explains how societies resolve distributive problems in practice. He then suggests an alternative approach to analyzing fairness in concrete situations: equity, he argues, does not boil down to a single formula, but represents a balance between competing principles of need, desert, and social utility. The studies Young uses to illustrate his approach include the design of income tax schedules, priority schemes for allocating scarce medical resources, formulas for distributing political representation, and criteria for setting fees for public services. Each represents a unique blend of historical perspective, rigorous analysis, and an emphasis on practical solutions.

Games in economic development
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Libri Moderni

Wydick, Bruce <1954->

Games in economic development / Bruce Wydick.

New York : Cambridge University Press, 2008.

Abstract: Games in Economic Development examines the roots of poverty and prosperity through the lens of elementary game theory, illustrating how patterns of human interaction can lead to vicious cycles of poverty as well as virtuous cycles of prosperity. This book shows how both social norms and carefully designed institutions can help shape the 'rules of the game', making better outcomes in a game possible for everyone involved. The book is entertaining to read, it can be accessed with little background in development economics or game theory. Its chapters explore games in natural resource use; education; coping with risk; borrowing and lending; technology adoption; governance and corruption; civil conflict; international trade; and the importance of networks, religion, and identity, illustrating concepts with numerous anecdotes from recent world events. Comes complete with an appendix, explaining the basic ideas in game theory used in the book.

Nonlinear preference and utility theory
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Libri Moderni

Fishburn, Peter C.

Nonlinear preference and utility theory / Peter C. Fishburn.

Baltimore : Johns Hopkins University Press, c1988.

Johns Hopkins series in the mathematical sciences ; 5