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lifetime income.It discusses how to impute estimates of utility function parameters from the survey responses using a …
Persistent link: https://www.econbiz.de/10012463893
We propose a social choice rule for aggregating preferences elicited from surveys into a marginal adjustment of policy from the status quo. The mechanism is: (i) symmetric in its treatment of survey respondents; (ii) ordinal, using only the orientation of respondents' indifference surfaces;...
Persistent link: https://www.econbiz.de/10012459875