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This paper aims to study the extent to which people's intuitions about the distribution of two attributes within a society are consistent with the different axiomatizations proposed by the economists. In particular, the objective is to compare two alternative principles, namely aversion to...
Persistent link: https://www.econbiz.de/10010854375
The paper provides robust normative comparisons of 12 OECD countries based on their distributions of disposable income and access to two regional public goods: infant mortality and pupil-teacher ratios at public schools. Comparisons are performed using two and three-dimensional dominance...
Persistent link: https://www.econbiz.de/10005024133
Persistent link: https://www.econbiz.de/10010866726
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Persistent link: https://www.econbiz.de/10009808561
This paper contrasts conventional real GDP and price indicators of living standard, interpreted as revealing information on welfare, with others, that aim at reflecting individual freedom. It is argued that freedom-based indices are easier to use and interpret than traditional real GDP ones....
Persistent link: https://www.econbiz.de/10010898189
This paper aims to study the extent to which people’s intuitions about the distribution of two attributes within a society are consistent with the different axiomatizations proposed by economists. In particular, the objective is to compare the empirical support for two alternative principles,...
Persistent link: https://www.econbiz.de/10011151952
In this paper, we theoretically characterize robust empirically implementable normative criteria for evaluating socially risky situations. Socially risky situations are modeled as distributions, among individuals, of lotteries on a finite set of state-contingent pecuniary consequences....
Persistent link: https://www.econbiz.de/10011151953
This paper provides a comparison of 12 OECD countries on the basis of the (multidimensional) inequality in both disposable income and access to public goods. The public goods considered, measured at the regional level, are infant mortality and pupils/teacher ratios at public schools. The...
Persistent link: https://www.econbiz.de/10005512023
This paper investigates how people value choice. The experiment consists of eliciting subjects' willingness to accept for various choice sets. This approach allows us to assess whether prior to making their decision, people appreciate a wider set of options or not. In contrast with the existing...
Persistent link: https://www.econbiz.de/10010567976