these two sets of results. This kind of validation of experienced utility via direct comparison with decision utility … regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from …

measurement of poverty. For the estimation of intrahousehold distribution of resources the study relies on collective Engel curves …

with high cognitive skills make decisions akin to the expected utility model.As predicted by our model, in our empirical … to a better understanding of the role of cognitive skills in decision making under uncertainty …

productivity and players utility in equilibrium …

. Separability conditions facilitate identification of consumer marginal utility and firm marginal product functions. We also …

This paper examines the effects of alternative assumptions regarding the curvature of utility upon estimated discount … the Holt and Laury method for risk. The results demonstrate that utility elicited directly from choice over time is … significantly concave, but far closer to linear than utility elicited under risk. As a result, the effect of adjusting discount …

ignoring the household as unit of decision-making has relevant empirical consequences. In estimation, the individual search … 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 …