Yesterday's post concerned the Delaware Supreme Court's decision that the business judgment rule applied to TripAdvisor's decision to reincorporate in Nevada. Maffei v. Palkon, 2025 WL 384054 (Del.

Journal of Political Economy, Vol. 81, No. 2, Part 1 (Mar. - Apr., 1973), pp. 386-400 (15 pages) An argument by Buchanan that the criterion of Pareto optimality is of little value when used solely ...

This paper addresses the question of the consistency of utility maximization in Becker's time allocation model with Pareto optimality. We find that when the general conditions of Pareto optimality are ...

The budget presented by Chief Minister Basavaraj Bommai is an exercise between pareto optimality and arrows impossibility. The Pareto optimality is to satisfy all without hurting others, whereas the ...

Achieving Pareto Optimality in a Budget is often hard — a situation where no one is worse off, and some are better off. This has been attained by the Finance Minister this time because one of the ...