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Utilitarianism is the most prominent family of social welfare functions. We present three new axiomatic ….'s (1998) Expected Critical-Level Generalized Utilitarianism (ECLGU) is equivalent to a new axiom holding that it is better to … novel characterizations extend classic axiomatizations of utilitarianism from settings with either social risk or variable …
Persistent link: https://www.econbiz.de/10012583668
A long-standing challenge for welfare economics is to develop welfare criteria that can be applied to allocations with different population levels. Such a criterion is essential to resolve the optimal population problem, i.e., the tradeoff between population size and the welfare of each person...
Persistent link: https://www.econbiz.de/10012493350
utilitarianism, in the variable-population setting, arises from a new, weak form of individual stochastic dominance with two … avoids prominent egalitarian objections to utilitarianism by only applying if certain correlations are preserved. Our result …
Persistent link: https://www.econbiz.de/10014422518
Should two-band income taxes be progressive given a general income distribution? We provide a negative answer under utilitarian and max-min welfare functions. While this result clarifies some ambiguities in the literature, it does not rule out progressive taxes in general. If we maximize total...
Persistent link: https://www.econbiz.de/10003845516
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/10011336980
conclusion. Therefore, the repugnant conclusion provides no methodological guidance for theory or policymaking, because it cannot …
Persistent link: https://www.econbiz.de/10012121586
Persistent link: https://www.econbiz.de/10001784295
We propose a method to identify bounds (i.e. set identification) on the sharing rule for a general collective household consumption model. Unlike the effects of distribution factors, it is well known that the level of the sharing rule cannot be uniquely identified without strong assumptions on...
Persistent link: https://www.econbiz.de/10009539180
Meta-analytic methods have been widely applied to education, medicine, and the social sciences. Much of meta-analytic data are hierarchically structured since effect size estimates are nested within studies, and in turn studies can be nested within level-3 units such as laboratories or...
Persistent link: https://www.econbiz.de/10009296366
We study some recent developments and challenges in the empirics of the effects of social networks. We focus in particular on researchers' ability to make policy recommendations based on a standard linear econometric model. We examine the potential compatibility between this type of econometric...
Persistent link: https://www.econbiz.de/10010489618