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We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. “Dictator games” with varying transfer rates used in Andreoni and...
Persistent link: https://www.econbiz.de/10010192945
We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. "Dictator games" with varying transfer rates used in Andreoni and...
Persistent link: https://www.econbiz.de/10010370991
We propose a method to recover homothetic preferences from choice data with minor optimization or measurement errors. Our method allows for a more detailed graphical analysis to reveal subjects' preferences and to choose appropriate functional forms for parametric analysis. It can also be used...
Persistent link: https://www.econbiz.de/10011754165
We propose a method to recover homothetic preferences from choice data with minor optimization or measurement errors. Our method allows for a more detailed graphical analysis to reveal subjects' preferences and to choose appropriate functional forms for parametric analysis. It can also be used...
Persistent link: https://www.econbiz.de/10011773009
Persistent link: https://www.econbiz.de/10012220190
Exit, Voice, and Loyalty (A.O. Hirschman 1970) is a theoretical concept derived from the work of Albert O. Hirschman (1970) which is focused on two essential options in organizatios and products decline, being exit and voice.The basis concept is as follows: members of an organization, whether...
Persistent link: https://www.econbiz.de/10014050822
The paper examines the problem of aggregating infinite utility streams with a social welfare function which respects the Anonymity and Weak Pareto Axioms. It provides a complete characterization of domains (of the one period utilities) on which such an aggregation is possible. A social welfare...
Persistent link: https://www.econbiz.de/10008649296
This paper studies the nature (representation and construction) of social welfare orders on infinite utility streams, satisfying strong equity and anonymity. We show: 1) there does not exist a social welfare function satisfying the axioms of Anonymity, Monotonicity and Strong Equity for every...
Persistent link: https://www.econbiz.de/10012894506
This paper studies the constructive nature of social welfare orders on infinite utility streams defined on X= Y^N, satisfying the Pigou-Dalton transfer principle (PD), which are known to be representable (see Alcantud (2010) and Sakamoto (2012)).We describe the restrictions on domain Y for...
Persistent link: https://www.econbiz.de/10013005938
This paper examines the constructive nature of social welfare order that respects the Hammond equity and Weak Pareto Axioms. It describes the domains (of the one period utilities) on which an explicit construction is possible. A social welfare order satisfying the Hammond equity and Weak Pareto...
Persistent link: https://www.econbiz.de/10012999142