The amount of wheat and corn produced in excess will be sold at prices of $ 170 per ton for wheat and $ 150 per ton for corn. For sugar beets there is a quota on production which is 6000 T for the farmer. Any amount of sugar beets up to the quota can be sold at $ 36 per ton, the amount in excess of the quota is limited to $ 10 per ton. We denote by w1 and w2 the amount in tons of wheat resp. co...

The method of largest remainders (Hamilton) is used for allotment of 288 of the seats among the 56 Greek constituencies. This method possesses various paradoxes as was observed through two centuries of application. So we propose a modification where the seats are allocated at a first stage by the lower Hare-Quota and the additional ones using the method of major fractions (Webster) restricted s...

In parliaments elected by proportional systems the seats are allocated to the political parties roughly proportionally to the shares of votes for the party lists obtained in elections. Assuming that members of the parliament representing the same party are voting together, it has sense to require that distribution of the influence of the parties in parliamentary decision making is proportional ...

In this paper I improve Gardner's surplus transformation curve framework by assuming that government is able to vary many policy instruments simultaneously instead of only one. I use my framework to find the combination of the currently used instruments which provides the most efficient income redistribution for the Austrian bread grains market. Contrasting the most efficient policy to the actu...

This paper establishes an agent-based simulation system of the carbon emissions trading in accordance with the complex feature of the trading process. This system analyzes the impact of the carbon quota allocation mechanism on emissions trading for three different aspects including the amount of emissions reduction, the economic effect on the emitters, and the emissions reduction cost. Based on...

In sea cage fish farming, production quotas aim to constrain the impact of fish farming on the surrounding ecosystem. It is unknown how these quotas affect economic profitability and environmental impact of genetic improvement. We combined bioeconomic modelling with life cycle assessment (LCA) to calculate the economic (EV) and environmental (ENV) values of thermal growth coefficient (TGC) and ...

This paper develops a continuous-time two-sector model to study the economic e ects of an import quota during the period of time over which it is imposed. One of the sectors is protected by a quota, which in our setup manifests itself as an integral constraint on the ow of imports of the protected commodity. In sharp contrast to the existing literature, our small open economy exhibits distinctl...

In parliaments elected by proportional systems the seats are allocated to the political parties roughly proportionally to the shares of votes for the party lists obtained in elections. Assuming that members of the parliament representing the same party are voting together, it has sense to require that distribution of the influence of the parties in parliamentary decision making is proportional ...

The argument for the privatization of state enterprises is based on the superior efficiency of private over state ownership. This argument is only true when it ignores the institutional constraints including insecure property rights enforcement, land, credit, and export-quota policies. By using a survey of ninety-six textile-garment enterprises in Vietnam, private and foreign enterprises were f...

Weighted voting games model decision-making bodies where decisions are made by a majority vote. In such games, each agent has a weight, and a coalition of agents wins the game if the sum of the weights of its members exceeds a certain quota. The Shapley value is used as an index for the true power held by the agents in such games. Earlier work has studied the implications of setting the value o...