Showing 1 - 10 of 110
people are plagued by irrational biases and inconsistencies. The author elucidates how these developments have led to a post-utilitarianism …
Persistent link: https://www.econbiz.de/10010289917
Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare function. I first show that under the standard...
Persistent link: https://www.econbiz.de/10010319596
Should two-band income taxes be progressive given a general income distribution? We provide a negative answer under utilitarian and max-min welfare functions. While this result clarifies some ambiguities in the literature, it does not rule out progressive taxes in general. If we maximize total...
Persistent link: https://www.econbiz.de/10010273858
By downplaying externalities, magnifying the cost of moral behavior, or suggesting not being pivotal, exculpatory narratives can allow individuals to maintain a positive image when in fact acting in a morally questionable way. Conversely, responsibilizing narratives can help sustain better...
Persistent link: https://www.econbiz.de/10011931630
Utilitarianism is the most prominent family of social welfare functions. We present three new axiomatic ….'s (1998) Expected Critical-Level Generalized Utilitarianism (ECLGU) is equivalent to a new axiom holding that it is better to … novel characterizations extend classic axiomatizations of utilitarianism from settings with either social risk or variable …
Persistent link: https://www.econbiz.de/10012658094
utilitarianism, in the variable- population setting, arises from a new, weak form of individual stochastic dominance with two … avoids prominent egalitarian objections to utilitarianism by only applying if certain correlations are preserved. Our result …
Persistent link: https://www.econbiz.de/10014469873
of benefit-cost analysis, utilitarianism, and prioritarianism in evaluating COVID-19-related policies. The relative … less aggressive control policies. Utilitarianism and prioritarianism, in that order, increasingly favor income … likely than utilitarianism or benefit-cost analysis to target young and socioeconomically disadvantaged individuals in the …
Persistent link: https://www.econbiz.de/10012597327
A long-standing challenge for welfare economics is to develop welfare criteria that can be applied to allocations with different population levels. Such a criterion is essential to resolve the optimal population problem, i.e., the tradeoff between population size and the welfare of each person...
Persistent link: https://www.econbiz.de/10012597368
people are plagued by irrational biases and inconsistencies. The author elucidates how these developments have led to a post-utilitarianism …
Persistent link: https://www.econbiz.de/10011079233
Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare function. I first show that under the standard...
Persistent link: https://www.econbiz.de/10010668527