Food poverty and/or food insecurity have become a substantial problem in the advanced capitalist world, with growing portions of people struggling to eat healthy every day. At same time, just European Union (EU), around 88 million tonnes waste are generated annually. We call this paradox “food paradox”. The question is, how tackle paradox? banks usually presented as win–win solution paradox, de...

The transfer paradox, whereby a of resources that influences the equilibrium price benefits donor while harming recipient, is classic paradox in general theory. This paper pursues an experimental investigation using three-agent pure exchange economy predicted to have such paradox. results indicate endowment adjustment among agents market price, and consequently donors benefit from transfer, con...

Two versions of the so-called Gibbs paradox are discussed. Both of these are shown to be non-paradoxes. It is also shown that there is a different real paradox that emerges from Gibbs writings.

Neuroeconomics is examined critically using data on the response times of subjects who were asked to express their preferences in the context of the Allais Paradox. Different patterns of choice are found among the fast and slow responders. This suggests that we try to identify types of economic agents by the time they take to make their choices. Nevertheless, it is argued that it is far from cl...

Working in a complete-markets setting, a property of asset demands is identified that is inconsistent with the investor's preference being based on probabilities. In this way, a market counterpart of the Ellsberg Paradox is provided. Journal of Economic Literature Classification Numbers: D00, D80, D81. 2000 Academic Press