The perception that agencies are out of control arises from the fact that in being called on to make fundamental value judgments they have moved outside their accustomed sphere of activity, outside their expertise, and outside the established system of controls. This perturbation ofthe regulatory process will not be corrected until the agencies are relieved of the necessity of makingjudgments t...

Approval voting is an election method in which voters may cast votes for as many candidates as they desire. This can be modeled mathematically by associating to each voter an approval region: a set of potential candidates they approve. In this thesis we add another level of approval somewhere in between complete approval and complete disapproval. More than one level of approval may be a better ...

We examine the impact of a desire for social approval on education and occupation choice and model the endogenous determination of perceptions that influence such approval. In a two-sector overlapping generations framework, agents born with ability endowments in both occupations must choose one as their career. An agent’s choice is influenced by social approval, which depends upon the community...