It is shown that any completely preordered topological real algebra admits a continuous utility representation which is … utility pace is discussed …

Subjective well-being (SWB) data is increasingly used to perform welfare analyses. Interpreted as 'experienced utility …', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences …

hedonic methods. Usually strong enough assumptions are made on the functional form of utility to point identify individuals … partial identification without relying on functional form restrictions for utility. Identification given general, potentially … restrictions imposed on utility rather than by the data or properties of equilibrium …

utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can … influence their wages by exerting effort, myopic utility maximization directly implies increasing and concave shaped wage … waves of the German Socio-Economic Panel we find empirical support for both the form of the utility function and the …

If the marginal utility of consumption depends on health status, this will affect the economic analysis of a number of … marginal utility of consumption. Our basic conclusion is that while none of these approaches is a panacea, many offer the …

individual search specification implies gender differentials in lifetime utility inequality 74% larger. The results of our policy … experiments emphasize the importance of looking at lifetime utility inequality measures as opposed to simply cross-sectional wage …