Showing 1 - 10 of 62
Persistent link: https://www.econbiz.de/10010423252
Persistent link: https://www.econbiz.de/10010528229
Persistent link: https://www.econbiz.de/10012179695
We propose a method to quantify other-regarding preferences in group decisions. Our method is based on revealed preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by evaluating consumption externalities in monetary...
Persistent link: https://www.econbiz.de/10011801805
Persistent link: https://www.econbiz.de/10011804973
Persistent link: https://www.econbiz.de/10008747632
Persistent link: https://www.econbiz.de/10009419762
In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily...
Persistent link: https://www.econbiz.de/10009486102
In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily...
Persistent link: https://www.econbiz.de/10009529153
Persistent link: https://www.econbiz.de/10008859695