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Existence and welfare properties of equilibrium in an exchange economy with multiple divisible, indivisible commodities and linear production technologies
Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 1999
Persistent link: https://www.econbiz.de/10001412148
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The degree measure as utility function over positions in networks
Brink, René van den; Rusinowska, Agnieszka - 2017
utility. Using the fact that networks form a special class of cooperative TU-games, we provide a foundation for the degree … measure as a von Neumann-Morgenstern expected utility function reflecting preferences over being in different positions in … represented by a utility function that is a multiple of the degree centrality measure. We show this in three steps. First, we …
Persistent link: https://www.econbiz.de/10011688772
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The connexion between old and new approaches to financial satisfaction
Praag, Bernard M. S. van - 2006 - Rev.
In this paper we compare the new satisfaction evaluation approach, developed inthe nineties by Oswald ,Clark , Blanchflower and others with the older incomeevaluation (IEQ) approach, developed by Van Praag and Kapteyn in theseventies of the previous century. We find that both approaches yield...
Persistent link: https://www.econbiz.de/10011335184
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Optimal incentives without expected utility
Gonzalez Jimenez, Victor H. - 2022
This paper investigates the optimal design of incentives when agents distort probabilities. We show that the type of probability distortion displayed by the agent and its degree determine whether an incentivecompatible contract can be implemented, the strength of the incentives included in the...
Persistent link: https://www.econbiz.de/10013460007
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Information policy in road transport with elastic demand : some welfare economic considerations
Emmerink, Richard H. M. (contributor) - 1995
Persistent link: https://www.econbiz.de/10000904981
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Similarity in response behavior between household members : an application to income evaluation
Plug, Erik J. S.; Praag, Bernard M. S. van - 1996
Persistent link: https://www.econbiz.de/10000934373
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New developments in the measurement of welfare and well-being
Praag, Bernard M. S. van - 1995
Persistent link: https://www.econbiz.de/10000907070
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New developments in the measurement of welfare and well-being
Praag, Bernard M. S. van; Plug, Erik J. S. - 2012
Persistent link: https://www.econbiz.de/10010191023
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Risk aversion under preference uncertainty
Kräussl, Roman; Lucas, André; Siegmann, Adriaan Hendrik - 2010
Persistent link: https://www.econbiz.de/10008771804
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Management science, economics and finance : a connection
Chang, Chia-Lin; McAleer, Michael; Wong, Wing Keung - 2016
This paper provides a brief review of the connecting literature in management science, economics and finance, and discusses some research that is related to the three disciplines. Academics could develop theoretical models and subsequent econometric models to estimate the parameters in the...
Persistent link: https://www.econbiz.de/10011479822