The great Amerman-Kotlikoff debate on early vs. late claiming of Social Security benefits touched off a firestorm of debate among readers about retirement timing issues. These comments were both ...

The Pareto principle is often in conflict with the equity criteria in construction of social preferences: there exist two allocations χ and y such that χ Pareto dominates y, but y is an equitable ...

We study the transfer of a resource from a group of suppliers to a group of demanders through links in a network. The analysis is relevant to situations where institutional constraints bar the use of ...

It is legitimate to consider individual preferences in retirement, but one should not lose sight of principles that should govern planning for retirement. Roger Nusbaum looks at signs of distorted ...