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Although decision makers are often reported to have difficulties in making comparisons between multi-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and brain sciences to assess whether, and for what reasons,...
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The basic-needs strategy is a response to the shortcomings of one-sidedly growth-oriented development concepts. Instead of focusing on growth or employment, as hitherto, the new development strategy now focuses on elimination of mass poverty in the Third World countries. The basic-needs concept...
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