Showing 1 - 10 of 2,952
Persistent link: https://www.econbiz.de/10012204721
-- Chapter 2: Welfare (well-faring) economics as a theory of what is right and wrong—my take -- chapter 3: Could economicus be … moral philosophers are not welfare consequentialists, so what are they? -- Chapter 11: A primer on welfare economics vs …. other ethics -- Chapter 12: A bit more on welfare economics, external effects, and interpersonal comparisons of WB …
Persistent link: https://www.econbiz.de/10014425483
that the welfare functions traditionally used in climate economics are ill-equipped to deal with climate catastrophes in … which population size changes. Drawing on recent work in population ethics I propose an alternative welfare framework with … normatively desirable properties, which has the effect of dampening the contribution of catastrophes to welfare. …
Persistent link: https://www.econbiz.de/10010199723
of the Welfare State. However, while these theories may be suited for explaining the development of public insurance or … theories, such as inequality-averse social welfare functions or fairness criteria. It is shown how both approaches can be … incorporation of individuals' altruistic feelings in social welfare functions. …
Persistent link: https://www.econbiz.de/10014023654
Persistent link: https://www.econbiz.de/10012264175
Persistent link: https://www.econbiz.de/10011856650
In this paper, we study methods of inferring a decision maker's true preference relation when observed choice data reveal a nontransitive preference relation due to choice mistakes. We propose some sensible properties of such methods and show that these properties characterize a unique rule of...
Persistent link: https://www.econbiz.de/10011856700
to avoid losses. In this paper, we provide the first welfare analysis under reference-dependent preferences. We decompose … the welfare impact of changes in reference points and prices into direct and behavioral effects, and describe how these … grounded in common empirical findings, we find that lowering reference points robustly improves welfare, while the welfare …
Persistent link: https://www.econbiz.de/10013411537
Social motives are frequently used to explain deviations from selfishness in non-strategic settings such as the Dictator Game. Previous research has mainly focused on two-player games; the workings of social motives in multiplayer Dictator Games are less well understood. A core feature of...
Persistent link: https://www.econbiz.de/10011453311
What are the normative implications of behavioral economics? We study a model where the decisions a person makes, consciously or unconsciously, affect her psychological state (reference point, beliefs, expectations, self-image) which, in turn, impacts on her ranking over available decisions in...
Persistent link: https://www.econbiz.de/10010758421