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Resource allocation in Alberta's postsecondary system has changed substantially since 1994. The changes evident are designed to advance a policy agenda that includes reapportioning financial responsibility for higher education, increasing the vocational outcomes of postsecondary education and increasing the transfer…

We analyze an alternative to the standard rationalizability requirement for observed choices by considering non-deteriorating selections. A selection function is a generalization of a choice function where selected alternatives may depend on a reference (or status quo) alternative in addition…

We identify conditions under which preferences over sets of consumption opportunities can be reduced to preferences over bundles of \"commodities\". We distinguish ordinal bundles, whose coordinates are defined up to monotone transformations, from cardinal bundles, whose coordinates are defined up…

We provide a survey of the literature on ranking sets of objects. The interpretations of those set rankings include those employed in the theory of choice under complete uncertainty, rankings of opportunity sets, set rankings that appear in matching theory,…

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This survey presents within a single model three theories of decentralization of decision-making within organizations based on private information and incentives. Renegotiation, collusion, and limits on communication are three sufficient conditions for decentralization to be optimal., Cet article présente, dans…

When a person is born, apart from natural instincts and biological impulses endowed in his existence, is unaware of realities around him. He gets acquainted with the world around him by utilizing senses and wisdom bestowed upon him by God.…