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Estimating the membership function of the fuzzy willingness-to-pay/accept for health via Bayesian modelling
(2016-05)Determining how to trade off individual criteria is often not obvious, especially when attributes of very different nature are juxtaposed, e.g. health and money. The difficulty stems both from the lack of adequate market ... -
Lindhal meets Condorcet?
(2024-09)Although a Condorcet winner commands a majority in its favor, there is no guarantee of unanimity. In a Lindahl equilibrium, a suitably chosen system of personalized transfers and prices ensures unanimity, but there is no ...