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Social and Behavioral Sciences Commons

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Full-Text Articles in Social and Behavioral Sciences

Core Size, Pricing, And Cost Structure, William K. Edwards May 1979

Core Size, Pricing, And Cost Structure, William K. Edwards

Economics Theses & Dissertations

This thesis presents a proof of an inverse limit theorem of the core of an economy. The implication of the theorem is that a larger core can be obtained by the formation of coalitions. A large core contains multiple Pareto optimal allocations from which society may select in order to maximize its welfare. Furthermore, this paper places an emphasis on pricing schemes that guarantee a core allocation under increasing returns to scale. Two pricing models are introduced that guarantee a non-empty core under increasing returns to scale.


A Study Of Decision Making: The Case Of Brown And Root, Inc., Mary Blossom Springle Jan 1979

A Study Of Decision Making: The Case Of Brown And Root, Inc., Mary Blossom Springle

Theses and Dissertations in Urban Studies

The process of community decision making has been examined by many theorists in the field of political science. The purpose of this thesis is to examine the case of Brown and Root, Inc., a marine fabrication industry that hoped to construct a large plant in the rural town of Cape Charles, Virginia. The industry underwent a lengthy decision-making process before a final decision was made.

This case was selected because a wide variety of factors affected the ultimate outcome of the decision-making process. Because the decision-making process covered a five year time span in this case, it includes more factors …