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Persistent link: https://www.econbiz.de/10003981965
In this paper we provide axiomatic characterizations of what we call the preference for the freedom of optimal choice … final section of this paper, we provide an axiomatic characterization of the entire family of preferences for the freedom of …
Persistent link: https://www.econbiz.de/10012923092
This paper axiomatizes an index of consumer freedom of choice and applies it to U.S. consumer data from 2004 to 2017 … consumption, the price level, and inequality. We show that this index can be interpreted as the freedom of choice of a … representative consumer allocating a dollar of expenditure to goods. When applied to data, we find that the freedom of choice index …
Persistent link: https://www.econbiz.de/10013238820
inequality depend upon the extent of autonomy freedom he/she enjoys. We use individual level data to validate our theory and show … that the higher the extent of an individual's autonomy freedom, the greater the probability that he/she supports larger … income differences as incentives for individual effort. Conversely, the lower the extent of autonomy freedom, the more likely …
Persistent link: https://www.econbiz.de/10014053250
level of freedom has strong and robust negative effects on revolutionary support. A one standard deviation rise in freedom … the extent of freedom and disappears entirely in non-free nations …
Persistent link: https://www.econbiz.de/10014063903
measure of freedom is proposed which is apt to interpersonal comparisons of opportunity sets. Individual choice freedom may … that progressive taxation redistributes freedom in favour of the poor, all the more so when public revenues are used to … finance the public provision of goods, in which case overall freedom may result enlarged …
Persistent link: https://www.econbiz.de/10014076166
studies, we investigate the role of the freedom of choice as a key contributing construct in influencing a person s happiness …. We define two hypothetical sub-constructs for the freedom of choice to fully develop a model of happiness. We name those …
Persistent link: https://www.econbiz.de/10014030761
, multinational enterprises rather appear to be attracted by countries in which civil and political freedom is respected. Our finding …
Persistent link: https://www.econbiz.de/10011397998
constraints implied by political liberalism. We find that freedom of choice restricts sufficiency to rather wealthy societies and …
Persistent link: https://www.econbiz.de/10011441159
more lenient and child labor thus more prevalent than in countries enjoying political freedom. We test this implication and …
Persistent link: https://www.econbiz.de/10011451064