Aggregate monotonicity of cooperative solutions is widely accepted as a desirable property, and examples where certain solution concepts (such as the nucleolus) violate this property are scarce and have no economic interpretation. We provide an example of a simple fourplayer game that points out at a class of economic contexts where aggregate monotonicity is not appealing.

This study was conducted to assess the magnitude of the problem of diarrhea and time of initiation of its management in under five children of different socio economic status, in an urban area of West Bengal. Overall prevalence of diarrhea was 31.67%, highest in lower socio economic class (41%). Prevalence was higher in the girls, though not significant. Acute watery diarrhea was most common (5...

We investigate optimal policies for the exploitation of a renewable resource subject to a concave growth function and a convex return function. We prove an important result on the elasticity of the objective function and apply it to give a characterization of the optimal harvesting paths in this class of models. In particular, we derive conditions such that all optimal programs converge to a fi...

We build a dynamic political economy model with a two-class society: workers and the elite. In the model, the formation of the elite, the rate of innovation and …scal policy are endogenous. We focus on the con‡ict within the elite over two fundamental engines of economic growth: innovation and public investment. The model creates a mapping between institutions and economic outcomes which is con...

The presence of pronounced inequalities in mortality and life expectancy across income, education and social groups has long been a “stylized fact” of demography. Research across a large number of developed and wealthy countries, including Ireland, has shown that those with fewer resources, less education or a lower occupational class have higher standardised mortality rates (SMRs) than more ad...

BACKGROUND Hyperphosphoremia is one of the most important risk factors for morbidity and mortality for chronic kidney disease (CKD) patients, and also, for the general population. Excessive dietary intake of phosphate (P) is one of the key factors. In particular, P in its inorganic form, which is contained in food additives, is more readily absorbed. Unfortunately, these food additives are most...

over the past years there has been a significant growth in corporate reporting of environmental,social and corporate governance (esg) factors. this study assesses whether esg ratings are related to firmperformance. through a multivariate analysis we have confirmed differences between the esg scores used toevaluate environmental, social and corporate governance factors of rated companies. we che...

The presence of pronounced inequalities in mortality and life expectancy across income, education and social groups has long been a “stylized fact” of demography. Research across a large number of developed and wealthy countries, including Ireland, has shown that those with fewer resources, less education or a lower occupational class have higher standardised mortality rates (SMRs) than more ad...

The rise of education has featured prominently in the debate on the sources of modern long-term economic growth. Existing accounts stress the role of public education and the importance of political support for its provision. We argue that such an explanation for the spread of schooling is probably a poor fit for many nations’ schooling histories and provide an example, using detailed data on s...