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links between poverty and ill health are well known. Poverty and illness together make people much more vulnerable and needy … poverty, compromised education, vulnerability, difficulty accessing housing, health care and employment, and lack of access to … of descending into a vicious cycle of poverty and adverse social and health outcomes. Designing social policies and …
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Free mobility has not been thought of as an effective tool to correct over- or underproduction of externalities. In this paper, we establish that foot voting can internalize the cost of negative externalities. Workers have to accept the wage and rent, however high or low they are in equilibrium,...
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We develop a theoretical model that jointly explains optimal choices and happiness. We work with constant elasticity of substitution functions for utility and happiness. Employing a choice framework, individuals are confronted with two options. When there exists a trade-off, we determine...
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