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Pure rank preferences and variation in risk-taking behavior
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - 2019
incorporating (the level of) absolute wealth in the individual's utility function. …
Persistent link: https://www.econbiz.de/10012131582
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Pure rank preferences and variation in risk-taking behavior
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - 2019
incorporating (the level of) absolute wealth in the individual’s utility function. …
Persistent link: https://www.econbiz.de/10012104746
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Pure rank preferences and variation in risk-taking behavior
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - 2019
incorporating (the level of) absolute wealth in the individual's utility function. …
Persistent link: https://www.econbiz.de/10012119128
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Pure rank preferences and variation in risk-taking behavior
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - In: Economics letters 184 (2019), pp. 1-3
Persistent link: https://www.econbiz.de/10012304788
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Risk aversion when preferences are altruistic
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - In: Economics letters 216 (2022), pp. 1-5
Persistent link: https://www.econbiz.de/10013448296
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A Social-Psychological Reconstruction of Amartya Sen's Measures of Inequality and Social Welfare
Stark, Oded; Budziński, 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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Reconciling the Rawlsian and the Utilitarian Approaches to the Maximization of Social Welfare
Stark, Oded - 2014
' utility functions incorporate distaste for low relative income, a utilitarian will select exactly the same income distribution …
Persistent link: https://www.econbiz.de/10013060229
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Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare
Stark, Oded; Jakubek, Marcin; Falniowski, Fryderyk - 2014
' utility functions incorporate distaste for low relative income, a utilitarian will select exactly the same income distribution …
Persistent link: https://www.econbiz.de/10010233538
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Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare
Stark, Oded; Jakubek, Marcin; Falniowski, Fryderyk - In: Economics letters 122 (2014) 3, pp. 439-444
Persistent link: https://www.econbiz.de/10010395615
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A bitter choice turned sweet : how acknowledging individuals’ concern at having a low relative income serves to align utilitarianism and egalitarianism
Stark, Oded; Jakubek, Marcin; Kobus, Martyna - 2015
When individuals’ utility is a convex combination of their income and their concern at having a low relative income … aggregate utility yields an equal income distribution. This alignment of utilitarianism and egalitarianism is obtained for any … number of individuals, and for general utility functions that are convex combinations of a power function of income and the …
Persistent link: https://www.econbiz.de/10010490143