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Fair Division and Collective Welfare by Herve Moulin,

Fair Division and Collective Welfare by Herve Moulin,
The concept of fair division is as old as civil society itself. Aristotle's "equal treatment of equals" was the first step toward a formal definition of distributive fairness. The concept of collective welfare, more than two centuries old, is a pillar of modern economic analysis. Reflecting fifty years of research, this book examines the contribution of modern microeconomic thinking to distributive justice. Taking the modern axiomatic approach, it compares normative arguments of distributive justice and their relation to efficiency and collective welfare.The book begins with the epistemological status of the axiomatic approach and the four classic principles of distributive justice: compensation, reward, exogenous rights, and fitness. It then presents the simple ideas of equal gains, equal losses, and proportional gains and losses. The book discusses three cardinal interpretations of collective welfare: Bentham's "utilitarian" proposal to maximize the sum of individual utilities, the Nash product, and the egalitarian leximin ordering. It also discusses the two main ordinal definitions of collective welfare: the majority relation and the Borda scoring method.The Shapley value is the single most important contribution of game theory to distributive justice. A formula to divide jointly produced costs or benefits fairly, it is especially useful when the pattern of externalities renders useless the simple ideas of equality and proportionality. The book ends with two versatile methods for dividing commodities efficiently and fairly when only ordinal preferences matter: competitive equilibrium with equal incomes and egalitarian equivalence. The book contains a wealth of empirical examples andexercises.



Weird Science: 40 Strange-Acting, Bizarre-Looking, and Barely Believable Activities for Kids
Weird Science: 40 Strange-Acting, Bizarre-Looking, and Barely Believable Activities for Kids
A strange, creepy, and sometimes gross collection of science facts and activities that kids will love Want to get kids interested in science? Let them make their own slime, feed insects to plants, or learn about strange animals and bizarre phenomena. That's the philosophy behind Weird Science, which gives kids 40 activities on such scientific oddities as non-Newtonian fluids, strangler figs, ball lightning, and naked mole rats. In addition, the book includes "Weird Science in Action" sidebars of bizarre science facts, tips on how to turn an experiment into a science fair project, and lots of illustrations. Jim Wiese (Vancouver, BC, Canada) is the author of many Wiley kids' science books, including Roller Coaster Science (0-471-59404-0), Rocket Science (0-471-11357-3), Detective Science (0-471-11980-6), Spy Science (0-471-14620-X), and Cosmic Science (0-471-15852-6).



Fair Debt Collection Practices Act - The Fair Debt Collection Practices Act or FDCPA(1979) is a set of United States statutes added as Title VIII of the Consumer Credit Protection Act. Its purpose is to ensure ethical practices in the collection of consumer debts and to provide consumers with an avenue for disputing and obtaining validation of debt information in order to ensure the information's accuracy.

Fair Credit Reporting Act - The Fair Credit Reporting Act (FCRA) is an American federal law (codified at et seq.) that regulates the collection, dissemination, and use of consumer credit information.

Database and Collections of Information Misappropriation Act - The Database and Collections of Information Misappropriation Act is a proposed resolution in the United States House of Representatives, which opponents claim would severely limit fair use law, and make database collection projects (like the Wikipedia) targets for liability, under claims of property theft. It is called (HR3261).

Rumford Fair Housing Act - The Rumford Fair Housing Act is described in the article for Proposition 14. This is the proposition which rendered the Rumford Fair Housing Act ineffective.



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