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What has the author Bruce Tesar written?
Bruce Tesar has written: 'Learnability in optimality theory' -- subject(s): Language acquisition, Learning ability, Optimality theory (Linguistics)
How do you calculate the range of optimality for a linear programming problem?
you dont.
Theory suggests that favorable behaviors are passed down from generation to generation?
optimality theory
Discuss the proposition that pareto optimality is a necessarybut not a sufficient condition for social welfare maximization?
three marginal conditions for welfare maximization
What has the author Donald E Pugh written?
Donald E. Pugh has written: 'Cultural Optimality' -- subject(s): Cree Indians, Culture
How does the auction method satisfy the concepts of Pareto optimality?
The auction method, depending on the type of method used, satisfies Pareto optimality for the following reason: it is always best in an auction to bid your own valuation for a good. In game theory terms, this means that bidding your monetary valution of the good is always a weakly-dominanted strategy. This implies that the winner of the bid will, ignoring monetary constraints, will always be the person with the highest valuation of the good (since they bid the highest). Pareto optimality occurs when no one can be made better off without making someone worse off. When the item belongs to the person/group who values it most, social welfare is optimised (this is also called the Hobbes Theorem). Thus, the auction method, with basic rules, satisfies Pareto optimality by assigning the good to the person who values it most.
What has the author Lawrence Marc Ausubel written?
Lawrence Marc Ausubel has written: 'The optimality of being efficient' -- subject(s): Auctions, Mathematical models
What do we mean by pareto optimality?
A solution is Pareto optimal if there exists no feasible solution for which an improvement in one objective does not lead to a simultaneous degradation in one (or more) of the other objectives. That solution is a nondominated solution.
What are the criticisms levelled against pareto optimality theorem?
It ignores distributional issues, so that, for example, according to Pareto optimality, two economies which are being compared with one-another are equally "optimal" or "efficient," if both are equal in per-capita wealth, and if one economy has an equal distribution of wealth, whereas the other has one person, say the king or dictator, who has almost all the wealth, and everyone else, say his slaves, has little or none.
What has the author Jennifer L Smith written?
Jennifer L. Smith has written: 'Phonological augmentation in prominent positions' -- subject(s): Comparative and general Grammar, Optimality theory (Linguistics), Phonology, Psycholinguistics
What has the author John Hassler written?
John Hassler has written: 'IQ, social mobility and growth' 'Variations in risk as a cause of fluctuations in demand' 'Smalleye's last hunt' 'Intergenerational risk sharing, stability and optimality of alternative pension systems'
What has the author Earl A Thompson written?
Earl A. Thompson has written: 'Infinite programs and conditions for pareto optimality' -- subject(s): Economics, Mathematical models 'Ideology and the evolution of vital institutions' -- subject(s): Income distribution, International trade, Wealth
