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decisions or with income- leisure satisfaction. For different ethical priors regarding work preferences, we compare the welfare … from the observation of individual choices (revealed preferences) or from self-declared satisfaction following these … based on income-leisure preferences. We estimate ordinal preferences that are either consistent with actual labor supply …
Persistent link: https://www.econbiz.de/10011709621
associated to redistributive policies. We compare indifference curves consistent with income-leisure subjective satisfaction with … and those inferred from actual choices (revealed preferences). Precisely, we focus on income-leisure preferences, closely …
Persistent link: https://www.econbiz.de/10010481688
Subjective well-being (SWB) data is increasingly used to perform welfare analyses. In- terpreted as 'experienced utility', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences. Results point to an overall congruence between these...
Persistent link: https://www.econbiz.de/10012112116
Subjective well-being (SWB) data is increasingly used to perform welfare analyses. Interpreted as 'experienced utility', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences. Results point to an overall congruence between these...
Persistent link: https://www.econbiz.de/10011709615
Persistent link: https://www.econbiz.de/10014435234
decisions or with income- leisure satisfaction. For different ethical priors regarding work preferences, we compare the welfare … from the observation of individual choices (revealed preferences) or from self-declared satisfaction following these … based on income-leisure preferences. We estimate ordinal preferences that are either consistent with actual labor supply …
Persistent link: https://www.econbiz.de/10012948689
decisions or with income- leisure satisfaction. For different ethical priors regarding work preferences, we compare the welfare … from the observation of individual choices (revealed preferences) or from self-declared satisfaction following these … based on income-leisure preferences. We estimate ordinal preferences that are either consistent with actual labor supply …
Persistent link: https://www.econbiz.de/10011744620
Differences in preferences are important to explain variation in individuals' behavior. There is however no consensus on how to take these differences into account when evaluating policies. While prominent in the economic literature, the standard utilitarian criterion faces two major...
Persistent link: https://www.econbiz.de/10011434634
Persistent link: https://www.econbiz.de/10010506239
Persistent link: https://www.econbiz.de/10012815233