U.S. household structures have changed dramatically since the pinnacle of the post-World War II baby boom, around 1960 (US Census 2018), when single parents housed about 9% of children. Single parent homes now house 23% of U.S. children (Kramer 2019), the highest rate in the wor…
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In many decision problems, agents base their actions on a simple objective index, a single number that summarizes the available information about objects of choice independently of their particular preferences. The first chapter proposes an axiomatic approach for deriving an ind…