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and interval belief degrees are considered, which could be incurred in many decision situations such as group decision making. Based on the existing ER algorithm, several pairs of preference economics models are constructed to support glob...
economics is being able to observe past and present activities and give a logical explanation of why the outcomes are what they are. In a sense, all people are economists when they decide where to send their kids to school, how they plan th...
Economics is the social science of making sufficient choices or decisions and studies how people interact in their society in an economic way. The first chapter introduces the subject of economics and unfolds what it is all about. We live i...
way. The purpose is to identify if binary economics is and efficient model to alleviate the income inequality. The research employs secondary qualitative research in the form of the data collection through books, journals, and articles. Fro...
ethics and economics the fair distribution of goods, and work opportunities, wealth. Ethics and Economics Introduction If there is tension in modern economics along ethical lines, it comes mainly from the distinction between efficiency and ...
Common Wealth: Economics for a Crowded Planet, Sachs continues his personal mission to expose the economic and environmental crises that are facing our crowded planet. This paper presents a book summary of Sachs, Jeffrey’s (2008) Common Wea...
economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups." Mr. Hazlitt's book attempts to ap...