| Budget Amount *help |
¥19,500,000 (Direct Cost: ¥15,000,000、Indirect Cost: ¥4,500,000)
Fiscal Year 2013: ¥6,110,000 (Direct Cost: ¥4,700,000、Indirect Cost: ¥1,410,000)
Fiscal Year 2012: ¥6,760,000 (Direct Cost: ¥5,200,000、Indirect Cost: ¥1,560,000)
Fiscal Year 2011: ¥6,630,000 (Direct Cost: ¥5,100,000、Indirect Cost: ¥1,530,000)
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| Research Abstract |
A welfare index to measure allocations of free hours is axiomatically derived in a standard general equilibrium framework. Then, it is applied to analyze the performance of competitive equilibrium allocations in a dynamic general equilibrium framework with heterogeneous skills and preferences of agents.
Secondly, the possibility of a social choice procedure to guarantee the basic well-being for all is examined based on various notions of the disadvantaged. In contrast to the standard social choice theory, this study proposes a general framework in which the issues relevant to multi-dimensional types of the disadvantaged are addressed under an appropriate domain restriction.
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