1998 Fiscal Year Final Research Report Summary
The Theory According to Needs
| Project/Area Number |
09630002
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
経済理論
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| Research Institution | Fukushima University |
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Principal Investigator |
SATO Toshihiro Fukushima University Faculty of Economics, Associate Professor, 経済学部, 助教授 (60170768)
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| Project Period (FY) |
1997 – 1998
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| Keywords | Fairness / Equity / Distribution / Welfare Economics |
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| Research Abstract |
I studied the problems of distributing goods across the consumers according to needs. The outstanding feature of my research lies in the characteristics of consumers in my economic model. They have the talent, disability, or handicap that are not necessarily economic characteristics but are to be considered in distributing the goods across the consumers.
By using such an economic model, I investigated the problems such as follows :
a. I examined the existence and characteristics of Walrasian equilibrium. Moreover, a new concept of economic equilibrium called constrained equilibrium is proposed.
b. The effects of innovations are analyzed. Here the innovations may occur both in the production process and in the tools for handicapped people.
c. The economic effects of two kinds of subsidies are considered : one for the produces and one for the handicapped people.
d. I formalized notion of fair distribution according to needs for the economy described above.
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