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well-documented in the literature. Accepting the utilitarian perspective and assuming that height does not affect utility … individual's income but also utility from consumption. Higher caloric needs of tall individuals should result in higher …
Persistent link: https://www.econbiz.de/10011301357
In a new survey we ask respondents, after a standard Subjective Well‐Being (SWB) question, if they can think of changes in their lives that would improve their SWB score. If the SWB score is just one argument among others in the respondents' goals in life, they should easily find ways to...
Persistent link: https://www.econbiz.de/10011401716
group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10010325306
. Furthermore, we discuss how such a preference can be integrated in the modelling of utility in order to account for the …
Persistent link: https://www.econbiz.de/10010333957
Human utility embodies a number of seemingly irrational aspects. The leading example in this paper is that utilities … of our utility functions. …
Persistent link: https://www.econbiz.de/10011599367
absolute, it is relative. It has little to do with utility or abstract labour, and it extends far beyond machines and …
Persistent link: https://www.econbiz.de/10011644571
entity, but a symbolic quantification of power. Capital has little to do with utility or abstract labor, and it extends far …
Persistent link: https://www.econbiz.de/10011644933
quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines …
Persistent link: https://www.econbiz.de/10011646688
This chapter outlines the main problems of capital theory, key issues which need to be resolved, and the way in which an alternative concept of capital may affect the future evolution of IPE. Briefly, existing theories of capital can be classified into three groups, based on their relationship...
Persistent link: https://www.econbiz.de/10011646693
Theories of society, as of nature, are characterized by their elementary particles. The elementary particle of neoclassical economics is the util. The elementary particle of classical Marxism is abstract labour. These elementary particles represent material quanta. They are deemed useful because...
Persistent link: https://www.econbiz.de/10011647602