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Takashi Negishi
is a Japanese neo- Walrasian economist. Career Negishi graduated Faculty of Economics, University of Tokyo in 1956 and received a PhD in Economics from University of Tokyo in 1963. Contributions Negishi's research has provided a wide range of extensions to orthodox general equilibrium modelling. These additions have typically involved imperfect competition, stability and unemployment. Controversy Negishi is most famous for Negishi welfare weights or Negishi social welfare function, a system of weighting welfare assessment used in the Kyoto Protocol and other macro-economic analyses. These are controversial insofar as they recognize and embed into economic analysis a varying and unequal price of life across different countries. Elizabeth A. Stanton specifically criticized this approach in ''Negishi Welfare Weights: The Mathematics of Global Inequality'', 2011, arguing in an interview that: :"…Negishi weighting is a key ethical assumption at work in climate-economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imperfect Competition
In economics, imperfect competition refers to a situation where the characteristics of an economic market do not fulfil all the necessary conditions of a perfectly competitive market. Imperfect competition will cause market inefficiency when it happens, resulting in market failure. Imperfect competition is a term usually used to describe the seller's position, meaning that the level of competition between sellers falls far short of the level of competition in the market under ideal conditions. The structure of a market can significantly impact the financial performance and conduct of the firms competing within it. There is a causal relationship between structure, behaviour and performance paradigm. The characteristics of market structure can be measured by evaluating the degree of seller's market concentration to determine the nature of market competition. The degree of market power refers to the firms' ability to affect the price of a good and thus, raise the market price of the go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George F
George may refer to: People * George (given name) * George (surname) * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Washington, First President of the United States * George W. Bush, 43rd President of the United States * George H. W. Bush, 41st President of the United States * George V, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1910-1936 * George VI, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1936-1952 * Prince George of Wales * George Papagheorghe also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George Harrison, an English musician and singer-songwriter Places South Africa * George, Western Cape ** George Airport United States * George, Iowa * George, Missouri * George, Washington * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Characters * George (Peppa Pig), a 2-year-old pig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discounted Utility
In economics, discounted utility is the utility (desirability) of some future event, such as consuming a certain amount of a good, as perceived at the present time as opposed to at the time of its occurrence. It is calculated as the present discounted value of future utility, and for people with time preference for sooner rather than later gratification, it is less than the future utility. The utility of an event ''x'' occurring at future time ''t'' under utility function ''u'', discounted back to the present (time 0) using discount factor \beta, Is :\beta ^t u(x_t). Since more distant events are less liked, 0 < \beta < 1. Discounted utility calculations made for events at various points in the future as well as at the present take the form : where is the utility of some choice at time and ''T'' is the time of the most distant future satisfaction event. Here, since utility comparis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eli P
Eli most commonly refers to: * Eli (name), a given name, nickname and surname * Eli (biblical figure) Eli or ELI may also refer to: Film * ''Eli'' (2015 film), a Tamil film * ''Eli'' (2019 film), an American horror film Music * ''Eli'' (Jan Akkerman album) (1976) * ''Eli'' (Supernaut album) (2006) Places * Alni, Ardabil Province, Iran, also known as Elī * Eli, Mateh Binyamin, an Israeli settlement in the West Bank * Éile or Éli, a medieval kingdom in Ireland * Eli, Kentucky, United States * Eli, Nebraska, United States * Eli, West Virginia, United States Other uses * ''Eli'' (opera), an opera by Walter Steffens * ELI (programming language) * Earth Learning Idea * English language institute * Environmental Law Institute, an American environmental law policy organization * European Law Institute * European Legislation Identifier * Extreme Light Infrastructure, a proposed high energy laser research facility of the European Union * Eli, someone from Yale University, after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joshua K
Joshua () or Yehoshua ( ''Yəhōšuaʿ'', Tiberian: ''Yŏhōšuaʿ,'' lit. 'Yahweh is salvation') ''Yēšūaʿ''; syr, ܝܫܘܥ ܒܪ ܢܘܢ ''Yəšūʿ bar Nōn''; el, Ἰησοῦς, ar , يُوشَعُ ٱبْنُ نُونٍ '' Yūšaʿ ibn Nūn''; la, Iosue functioned as Moses' assistant in the books of Exodus and Numbers, and later succeeded Moses as leader of the Israelite tribes in the Hebrew Bible's Book of Joshua. His name was Hoshea ( ''Hōšēaʿ'', lit. 'Save') the son of Nun, of the tribe of Ephraim, but Moses called him "Yehoshua" (translated as "Joshua" in English),''Bible'' the name by which he is commonly known in English. According to the Bible, he was born in Egypt prior to the Exodus. The Hebrew Bible identifies Joshua as one of the twelve spies of Israel sent by Moses to explore the land of Canaan. In Numbers 13:1, and after the death of Moses, he led the Israelite tribes in the conquest of Canaan, and allocated lands to the tribes. According to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elizabeth A
Elizabeth or Elisabeth may refer to: People * Elizabeth (given name), a female given name (including people with that name) * Elizabeth (biblical figure), mother of John the Baptist Ships * HMS ''Elizabeth'', several ships * ''Elisabeth'' (schooner), several ships * ''Elizabeth'' (freighter), an American freighter that was wrecked off New York harbor in 1850; see Places Australia * City of Elizabeth ** Elizabeth, South Australia * Elizabeth Reef, a coral reef in the Tasman Sea United States * Elizabeth, Arkansas * Elizabeth, Colorado * Elizabeth, Georgia * Elizabeth, Illinois * Elizabeth, Indiana * Hopkinsville, Kentucky, originally known as Elizabeth * Elizabeth, Louisiana * Elizabeth Islands, Massachusetts * Elizabeth, Minnesota * Elizabeth, New Jersey, largest city with the name in the U.S. * Elizabeth City, North Carolina * Elizabeth (Charlotte neighborhood), North Carolina * Elizabeth, Pennsylvania * Elizabeth Township, Pennsylvania (other) * Elizabeth, West Vi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Of Life
The value of life is an economic value used to quantify the benefit of avoiding a fatality. It is also referred to as the cost of life, value of preventing a fatality (VPF), implied cost of averting a fatality (ICAF), and value of a statistical life (VSL). In social and political sciences, it is the marginal cost of death prevention in a certain class of circumstances. In many studies the value also includes the quality of life, the expected life time remaining, as well as the earning potential of a given person especially for an after-the-fact payment in a wrongful death claim lawsuit. As such, it is a statistical term, the cost of reducing the average number of deaths by one. It is an important issue in a wide range of disciplines including economics, health care, adoption, political economy, insurance, worker safety, environmental impact assessment, and globalization. The motivation for placing a monetary value on life is to enable policy and regulatory analysts to allocate the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kyoto Protocol
The Kyoto Protocol was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that (part one) global warming is occurring and (part two) that human-made CO2 emissions are driving it. The Kyoto Protocol was adopted in Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005. There were 192 parties (Canada withdrew from the protocol, effective December 2012) to the Protocol in 2020. The Kyoto Protocol implemented the objective of the UNFCCC to reduce the onset of global warming by reducing greenhouse gas concentrations in the atmosphere to "a level that would prevent dangerous anthropogenic interference with the climate system" (Article 2). The Kyoto Protocol applied to the seven greenhouse gases listed in Annex A: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perflu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welfare Assessment
Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance programs which provide support only to those who have previously contributed (e.g. most pension systems), as opposed to ''social assistance'' programs which provide support on the basis of need alone (e.g. most disability benefits). The International Labour Organization defines social security as covering support for those in old age, support for the maintenance of children, medical treatment, parental and sick leave, unemployment and disability benefits, and support for sufferers of occupational injury. More broadly, welfare may also encompass efforts to provide a basic level of well-being through free or subsidized ''social services'' such as healthcare, education, infrastructure, vocational training, and public ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negishi Social Welfare Function
is a Japanese surname and place name. It may refer to: * Ei-ichi Negishi, a Japanese chemist who was awarded the 2010 Nobel Prize in Chemistry ** Negishi coupling, a chemical reaction discovered by Ei-ichi Negishi in 1977 * Kichitaro Negishi, a Japanese film director * , a neighborhood of Taitō, formerly a village * Negishi, a neighborhood of Isogo-ku, Yokohama, formerly a village ** Negishi Line, a railway line that runs between Yokohama and Ōfuna stations ** Negishi Station (Kanagawa) * Negishi Station (Fukushima) * Negishi (''My-HiME Destiny''), a fictional character in the light novel series ''My-HiME Destiny'' * Takashi Negishi, Japanese economist who extended general equilibrium modeling for competition and welfare ** Negishi welfare weights, a weight function developed by Takashi Negishi in 1972 that freezes income distributions * Negishi Shingorō, a Japanese martial artist ** Negishi-ryū, Japanese shurikenjutsu is a general term describing the traditional Japanese ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
