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ILO pub. Article reviewing the findings of case studies of consumer behaviour with a view to testing the validity of certain assumptions regarding consumer efficiency, effects of choice of technology and choice of product and the availability of labour intensive techniques in Bangladesh,...
Persistent link: https://www.econbiz.de/10010690072
Most of the Social Welfare Functions available in the literature are Paretian, that is increase in anybody's income in the society is welfare augmenting. The Sen type social welfare function possesses this property as well. However, Paretianity is normative criteria and might not be accepted by...
Persistent link: https://www.econbiz.de/10005518272
The aim of this paper is to estimate the trend of social welfare for Australia using 1983-84, 1988-89 and 1993-94 Household Expenditure Survey data. The functional form of the Social Welfare Function (SWF) was derived by Sen, Degum, Yitzhaki and Shesinski (all independently). Since the function...
Persistent link: https://www.econbiz.de/10005518294
Persistent link: https://www.econbiz.de/10005542822
The Social Welfare Function (SWF) is a decision rule to rank alternative social states in a complete fashion in terms of social welfare. This paper questions the philosophy of Paretian Principle as a desirable property of the SWF. It shows that it is possible to generalize the widely used Sen...
Persistent link: https://www.econbiz.de/10005481465
The paper contributes to the use of social choice and welfare theory in health economics by developing and applying the …
Persistent link: https://www.econbiz.de/10005432029
Grandfathered emissions permits redistribute income to wealthy households by creating firm rents that ultimately accrue to shareholders. Consequently, they can be highly regressive, even if the poor do not have large budget shares for polluting goods. Using an analytical model, this paper...
Persistent link: https://www.econbiz.de/10005442295
The recognition that environmental hazards can affect children differently and more severely than adults has provoked growing concern in industrialized nations about the impact of environmental pollution on children’s health. In this paper, commissioned by the OECD, we are charged with...
Persistent link: https://www.econbiz.de/10005442377
necessary capabilities mentioned. The vital theory behind the model was a combination of a utility function and a social welfare …
Persistent link: https://www.econbiz.de/10005445655
Persistent link: https://www.econbiz.de/10005369254