Similar Search Results

The connexion between old and new approaches to financial satisfaction

Praag, Bernard M. S. van (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002072138

Jasso, Guillermina - 2016

Understanding the exact connection between inequality and justice is important because justice is classically regarded … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its … increase. We obtain exact links between economic inequality and three parameters of the justice evaluation distribution …

Persistent link: https://www.econbiz.de/10011521090

"Fair" welfare comparisons with heterogeneous tastes : subjective versus revealed preferences

Akay, Alpaslan; Bargain, Olivier; Jara, H. Xavier - 2017

Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...

Persistent link: https://www.econbiz.de/10011709621

Equity and equality

Duclos, Jean-Yves (contributor) - 2006

thought and that it requires advanced notions of justice and wellbeing. The most likely ethical basis for HE appears to …

Persistent link: https://www.econbiz.de/10003467009

Nonparametric identification and stimation of nonadditive hedonic Models

Heckman, James J.; Matzkin, Rosa L.; Nesheim, Lars - 2009

This paper studies the identification and estimation of preferences and technologies in equilibrium hedonic models. In it, we identify nonparametric structural relationships with nonadditive heterogeneity. We determine what features of hedonic models can be identified from equilibrium...

Persistent link: https://www.econbiz.de/10003879363

Do wages really compensate for risk aversion and skewness affection?

Hartog, Joop; Vijverberg, Wim P. M. - 2002

Utility theory suggests that foreseeable risk should increase the compensation for work. This paper expands on this … notion: on basis of utility theory, people should care not only about risk but also about the skewness in the distribution of …

Persistent link: https://www.econbiz.de/10011405939

Commitment to self-rewards

Koch, Alexander K.; Nafziger, Julia - 2009

Self-administered rewards are ubiquitous. They serve as incentives for personal accomplishments and are widely recommended as tools for overcoming self-control problems. However, it seems puzzling why self-rewards can work: the prospect of a reward has a motivating force only if the threat of...

Persistent link: https://www.econbiz.de/10003824207

Moody choice

Manzini, Paola; Mariotti, Marco - 2010

If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this paper we argue that, even with full unpredictability of mood, the way choices from a menu relate to choices from another menu exhibits some structure. We present two alternative...

Persistent link: https://www.econbiz.de/10003976547

Economic science and political influence

Saint-Paul, Gilles - 2012

When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...

Persistent link: https://www.econbiz.de/10009683154

A million answers to twenty questions : choosing by checklist

Mandler, Michael (contributor); Manzini, Paola (contributor) - 2008

Many decision models in marketing science and psychology assume that a consumer chooses by proceeding sequentially through a checklist of desirable properties. These models are contrasted to the utility maximization model of rationality in economics. We show on the contrary that the two...

Persistent link: https://www.econbiz.de/10003656945

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