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In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10008683292
We argue that perceived fairness of the income generation process affects the association between income inequality and subjective well-being, and that there are systematic differences in this regard between countries that are characterized by a high or, respectively, low level of actual...
Persistent link: https://www.econbiz.de/10011112607
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10008557077
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10008557081
This paper is the first to apply prospect theory to societal health-related decision making. In particular, we allow …
Persistent link: https://www.econbiz.de/10011112682
When estimating regional inequality, many economists use inequality indices weighted by the regions' shares in the national population. Although this approach is widespread, its adequacy has not received attention in the regional science literature. This paper proves that such approach is...
Persistent link: https://www.econbiz.de/10012943787
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
Background and purpose Health-related quality of life is an important issue in the treatment of breast cancer, and … health-state utilities are essential for cost-utility analysis. This paper identifies and summarises published utilities for … common health-related quality of life outcomes for breast cancer, considers the impact of variation in study designs used …
Persistent link: https://www.econbiz.de/10008927073
proportion of child deaths are caused by these diseases is symptomatic of dysfunctional policy strategies and health systems in …
Persistent link: https://www.econbiz.de/10011110706
The socially optimal allocation has been regarded to be unspecifiable because of utility’s interpersonal incomparability, Arrow’s general possibility theorem, and other factors. This paper examines this problem by focusing not on the social welfare function but instead on the utility...
Persistent link: https://www.econbiz.de/10011259529