Wisniewski, Tomasz Piotr - In: International journal of management and economics 54 (2018) 1, pp. 58-68
The paper consists of a discussion on the relevance of non-income drivers of welfare. This discussion is based on a … subjective Bayesian reasoning, where welfare perceptions are subjectively rational decisions of individuals, who are, as author … suggests, the ultimate decision-makers in respect of what welfare actually means for them. The objective of the paper is to …