Continuous extensions of an order on a set to the power set

Article Abstract:

Subset rankings are characterized according to their independence and continuity to provide an extension for an order set. Two settings are assumed. The first has the presence of "complete ignorance" or the absence of probabilities while the second considers viable alternatives based on opportunity preference. The restrictions imposed by the independent conditions resulting from the second assumption are used to characterize the continuity of the subset rankings.

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The veil of public ignorance

Article Abstract:

The theory of cooperative choice under incomplete information is developed in which agents possess private information at the time of contracting and on a utilitarian 'standard of evaluation' governing choices under complete information. The task is to extend this standard to situations of incomplete information.

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Modelling cost complementarities in terms of joint production

Article Abstract:

Cost complementarities arise from synergies in the production of heterogeneous goods. A study conducted to show that synergies can be accounted for in terms of shared public inputs if and only if synergies decrease as the sdcope of production increases, is presented.

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