Showing 1 - 10 of 54
This paper uses Japanese data which includes measures of self-declared satisfaction, reference-group income, and the direction and intensity of income comparisons. Relative to Europeans, the Japanese compare more to friends and less to colleagues, and compare their incomes more. The relationship...
Persistent link: https://www.econbiz.de/10010332346
This paper derives a basic formula for the measure of social welfare, a second order approximation to the difference of the value of the Bergson-Samuelson social welfare function between the socially optimal resource allocation and the one in the present suboptimal economy. We discuss pros and...
Persistent link: https://www.econbiz.de/10010332307
In this paper, we consider and formulate, in cooperative production economies, a social procedure for choosing fair allocation rules, basing it upon the argument of the Rawlsian two principles of justice (Rawls (1971)). First, we adopt Sen's Capability (Sen (1980, 1985)) index to evaluate...
Persistent link: https://www.econbiz.de/10008603019
anonymity. The standard definition requires that if agents' names are permuted, their assignments should be permuted in the same … way. Since no rule satisfies this definition in this model, we introduce weaker variants, "anonymity on distinct … preferences," "pairwise-anonymity on distinct preferences," "pairwise-anonymity on distinct profiles," and "independence of others …
Persistent link: https://www.econbiz.de/10011421502
, 2005) in both anonymity and face-to-face treatments. Subjects consist of students and non-students (citizens) to … in the anonymity treatment, but that is not significantly difference between the anonymity and face-to-face treatments … than in the anonymity treatment; and iv) the receivers who are deceived are more likely to believe a sender's message to be …
Persistent link: https://www.econbiz.de/10010332367
rule is the unique allocation rule satisfying strategy-proofness, anonymity and individual rationality. …
Persistent link: https://www.econbiz.de/10010332504
We study strategy-proof rules for choosing between two alternatives. We consider the full preference domain which allows for indifference. In this framework, for strategy proof rules, ontoness does not imply efficiency. We weaken the requirement of efficiency to ontoness and characterizes the...
Persistent link: https://www.econbiz.de/10012013626
Despite widespread use in online transactions, rating systems only provide summary statistics of buyers' diverse opinions at best. To investigate the consequences of this coarse form of information aggregation, we consider a dynamic lemons market in which buyers share their evaluations...
Persistent link: https://www.econbiz.de/10014540467
This paper analyzes what adult children would do for their parents were they frail and in need of long-term care. Focusing on the special case of parents' illness, the paper then investigates altruism in Japanese children. Descriptive statistics show that about 30% of adult children living...
Persistent link: https://www.econbiz.de/10010332292
This paper analyzes what adult children would do for their parents were they frail and in need of long-term care. Focusing on the special case of parents' illness, the paper then investigates altruism in Japanese children. Descriptive statistics show that about 30% of adult children living...
Persistent link: https://www.econbiz.de/10014056234