Showing 1 - 10 of 4,356
Details a behavioral theory of economic welfare that overlaps and extends the global theoretical framework contained in Pareto Optimality, with significant public policy implications. The essence of this framework is contained in Adam Smith’s the Wealth of Nations where it is argued that the...
Persistent link: https://www.econbiz.de/10014199039
This paper reexamines key results from the measurement of opportunity freedom , or the extent to which a set of options offers a decision maker real opportunities to achieve. Three cases are investigated: no preferences, a single preference, and plural preferences. The three corresponding...
Persistent link: https://www.econbiz.de/10014025184
The paper axiomatizes a freedom measure based on the idea that an agent is free if she can causally influence relevant aspects of her life. To model this, causal networks are employed. It is shown that the measure is a generalization of several opportunity set based measures. The measure solves...
Persistent link: https://www.econbiz.de/10009247435
Are people condemned to an inherent level of experienced happiness? A review of the economic research on subjective well-being gives reason to the assessment that happiness can change. First, empirical findings clearly indicate that people are not indifferent to adverse living conditions when...
Persistent link: https://www.econbiz.de/10010348918
This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions and social identities in response to technological change...
Persistent link: https://www.econbiz.de/10011452091
This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions and social identities in response to technological change...
Persistent link: https://www.econbiz.de/10011414252
In this paper we extend the research on happiness and spatial theory of voting by exploring whether strategic and sincere voting affect subjective well-being. We conduct the analysis with data on a large sample of individuals over 50 elections in 16 OECD countries. The results of the analysis...
Persistent link: https://www.econbiz.de/10013074372
Two experiments show that eliciting taxpayer preferences on government spending -- providing taxpayer agency … stated take-up rate of a questionable tax loophole. Providing taxpayer agency recouples tax payments with the public services … compliance with tax dues. With tax noncompliance costing the US government $385 billion annually, providing taxpayer agency could …
Persistent link: https://www.econbiz.de/10013061834
This paper examines whether access to modern information technologies, in particular the internet, has an impact on invididual positionality - meaning the degree to which subjective well-being is affected by income relative to others rather than absolute income. We provide empirical evidence...
Persistent link: https://www.econbiz.de/10009781373
This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions and social identities in response to technological change...
Persistent link: https://www.econbiz.de/10012999033