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We impose a horizontal equity restriction on the problem of finding the optimal utilitarian tax mix. The horizontal equity constraint requires that individuals with the same ability have to pay the same amount of taxes regardless of their preferences for leisure. Contrary to normal findings, we...
Persistent link: https://www.econbiz.de/10011508057
how a novel criterion, Strongly Anonymous Utilitarianism, can be characterized by combining Strong Anonymity with other …
Persistent link: https://www.econbiz.de/10012817908
with the postulated social welfare criterion. Utilitarianism redistributes only between individuals with unequal fecundity … information and in order to solve for the incentive problem, utilitarianism recommends also to either tax or subsidize ART …
Persistent link: https://www.econbiz.de/10013262743
This paper studies the impact of a key feature of competitive markets on moral behavior: the possibility that a competitor will step in and conclude the deal if a conscientious market actor forgoes a profitable business opportunity for ethical reasons. We study experimentally whether people...
Persistent link: https://www.econbiz.de/10011735983
We study experimentally when, why, and how people intervene in others' choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers...
Persistent link: https://www.econbiz.de/10012038987
utilitarianism on non-decreasing streams, but it treats all generations impartially: discounting becomes the mere expression of … utilitarianism ; sustainability …
Persistent link: https://www.econbiz.de/10008697034
A fat and a healthy good provide immediate gratification, and cause health costs or benefits in the long run, which are misperceived. Additionally, the fat good (healthy good) increases (decreases) health care costs by increasing (decreasing) the probability of suffering from a chronic disease...
Persistent link: https://www.econbiz.de/10011343082
We propose and axiomatize probability adjusted rank-discounted critical-level generalized utilitarianism (PARDCLU). We … thus generalize rank-discounted utilitarianism (RDU) (proposed by Zuber and Asheim, 2012) to variable population and risky … other policy issues with long-run consequences. We illustrate how PARDCLU yields rank-dependent expected utilitarianism …
Persistent link: https://www.econbiz.de/10010337541
utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for … measures to justify their present costs. In this paper, we propose sustainable discounted utilitarianism (SDU) as an … alternative principle for evaluation of climate policy. Unlike undiscounted utilitarianism, which always assigns zero relative …
Persistent link: https://www.econbiz.de/10009273914
planner's von Neumann-Morgenstern preference. We start from Harsanyi's [18] axiomatization of utilitarianism, and ask under … Dhillon and Mertens used to axiomatize relative utilitarianism. We simplify the axioms, provide a much simpler and more …
Persistent link: https://www.econbiz.de/10011717180