In this paper we first intend to examine the probability of falling into the realm of child labor by using conditional probability theorem. Furthermore, we will compare the extent of each factor’s effect on boys and girls using a TOBIT regression model. Finally we will analyze aspects of Iran’s labor market to assess the future ahead of the children who work at present. As the results will show...

In Toral’s games, at each turn one member of an ensemble of N ≥ 2 players is selected at random to play. He plays either game A′, which involves transferring one unit of capital to a second randomly chosen player, or game B, which is an asymmetric game of chance whose rules depend on the player’s current capital, and which is fair or losing. Game A′ is fair (with respect to the ensemble’s total...

We examine the ways in which racial differences in health vary over the income-wealth distribution, comparing the self-reported health status of non-Hispanic whites with those of individuals of other races and ethnicities. Paradoxically, we find that although the largest unadjusted racial differences in health are between poor whites and poor nonwhites, after adjusting for income, wealth, and o...

Th e so-called ‘happiness hypothesis’, associated with the work of the economist Richard Layard, has attracted much public debate over recent years. Its main contention is that despite rising levels of material prosperity in the west, incidence of recorded happiness and greater quality of life has not increased accordingly. In considering the major contributory factors to happiness and well-bei...

We start by recapitulating Yablo’s paradox from [1]. We have infinitely many assertions {pi : ∈ IN} and each pi is equivalent to the assertion that all subsequent pj are false. A contradiction follows. There is a wealth of literature on this delightful puzzle, and I have been guilty of a minor contribution to it myself. This literature places Yablo’s paradox in the semantical column of Ramsey’s...