Sufficientarianism is a prominent approach to distributive justice in political philosophy and in policy analyses. However, it is virtually absent from the formal normative economics literature. We analyze sufficientarianism axiomatically in the context of the allocation of 0–1 normalized...

A Hard Problem is a collective choice problem in which the only feasible alternatives apart from the status quo consist of a welfare gain to some people (the Winners) and a welfare loss to the others (the Losers). These problems are typical in a number of settings, such as climate action,...

Many decision models in marketing science and psychology assume that a consumer chooses by proceeding sequentially through a checklist of desirable properties. These models are contrasted to the utility maximization model of rationality in economics. We show on the contrary that the two...