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'Fair' Welfare Comparisons with Heterogeneous Tastes : Subjective Versus Revealed Preferences
Akay, Alpaslan - 2017
Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...
Persistent link: https://www.econbiz.de/10012948689
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Why Praise Inequality? Public Good Provision, Income Distribution and Social Welfare
Dasgupta, Indraneel - 2011
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10012756257
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The Asymmetry of Population Ethics : Experimental Social Choice and Dual-Process Moral Reasoning
Spears, Dean - 2019
Population ethics is widely considered to be exceptionally important and exceptionally difficult. One key source of difficulty is the conflict between certain moral intuitions and analytical results identifying requirements for rational (in the sense of complete and transitive) social choice...
Persistent link: https://www.econbiz.de/10012863817
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A Social-Psychological Reconstruction of Amartya Sen's Measures of Inequality and Social Welfare
Stark, Oded; Budzinski, Wiktor - 2022
The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We...
Persistent link: https://www.econbiz.de/10014084076
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Social Preferences in Childhood and Adolescence : A Large-Scale Experiment
Sutter, Matthias - 2010
less prominent motivating force of allocation decisions. At the same time, efficiency concerns increase in importance for …
Persistent link: https://www.econbiz.de/10013141434
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Ex Post Inequality of Opportunity Comparisons
Fleurbaey, Marc - 2015
In this paper we propose different criteria to rank income distributions according to equality of opportunity. Different from existing ones, our criteria explicitly recognize the interplay between circumstances and effort. We characterize them axiomatically and we compare them with existing...
Persistent link: https://www.econbiz.de/10013013594
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Give and You Shall Receive : The Emergence of Welfare-Reducing Reciprocity
Murray, Cameron - 2015
other even when their productivities are lower than that of others, causing efficiency losses. Males and business students …
Persistent link: https://www.econbiz.de/10013023388
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Technological Advance, Social Fragmentation and Welfare
Bosworth, Steven; Snower, Dennis J. - 2021
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10013250768
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Moral Transgressions by Groups : What Drives Individual Voting Behavior?
Feess, Eberhard - 2020
We conduct an experiment where subjects are matched in groups of three and vote on a moral transgression. Analyzing different voting rules, the frequency of votes for the moral transgression increases with the number of votes required for it. This effect persists when considering pivotal votes...
Persistent link: https://www.econbiz.de/10012830650
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Inequality and Market Concentration, When Shareholding is More Skewed than Consumption
Gans, Joshua S. - 2019
relative distribution of consumption and corporate equity ownership across individuals or households. The paper calculates this …, but had 13 times as much corporate equity. Because ownership is more skewed than consumption, increased mark-ups increase … inequality. Moreover, over time, corporate equity has become even more skewed relative to consumption …
Persistent link: https://www.econbiz.de/10012894540