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Market potential and the curse of distance in European regions
(University Library of Munich, 2014-06)
[Abstract] In the context of the New Economic Geography (NEG) wage equation, the ‘curse of distance’ is the tendency of peripheral regions to have lower income because of being far from the main markets, as captured by a ...
On the Welfare Loss Caused by Inequality of Opportunity
(Springer, 2014)
[Abstract] Based on the ethical principle of equality of opportunity, this paper presents a measure of the welfare loss that is caused by an unfair distribution of a particular outcome (income, health, education, etc). The ...
Fairness, Freedom, and Forgiveness in Health Care
(Springer, 2014)
[Abstract] This paper focuses on the optimal allocation between health and lifestyle choices when society is concerned about forgiveness. Based on the idea of fresh starts, we construct a social ordering that permits us ...