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Nonparametric Welfare Analysis for Discrete Choice : Levels and Differences of Individual and Social Welfare
Capéau, Bart; Maes, Sebastiaan; Sadeleer, Liebrecht De; … - 2021
Empirical welfare analyses often impose stringent parametric assumptions on individuals’ preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
Persistent link: https://www.econbiz.de/10013228344
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The welfare effects of asset means-testing income support
Wellschmied, Felix - 2015
This paper quantitatively determines the asset limit in income support programs which minimizes consumption volatility in a lifecycle model with incomplete markets and idiosyncratic earnings risk. An asset limit allows allocating transfers to those households with the highest utility gains from...
Persistent link: https://www.econbiz.de/10010479004
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Socially optimal crime and punishment
Ferraz, Eduardo; Soares, Rodrigo Reis - 2022
This paper develops a dynamic life-cycle equilibrium model of crime with hetero-geneous agents and human capital accumulation. Agents decide at each point in time whether to commit crimes by comparing potential gains from crime to the expected cost of punishment (determined from the probability...
Persistent link: https://www.econbiz.de/10012821860
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Welfare measurement and poverty targeting based on participatory wealth rankings
Wiegand, Martin - 2020
Participatory wealth rankings (PWRs) present an inclusive and inexpensive targeting method to identify poor households. They tend to be well received by participants but point to a systematically different understanding of welfare than implied by consumption-based rankings. This suggests that...
Persistent link: https://www.econbiz.de/10012404170
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Should Addicts Get Welfare?
Stevenson, Drury D. - 2007
This articles explores the history of federal SSI/SSDI benefits for those disabled by addictions, the competing definitions of addiction itself, and the policy rationales for repeated changes in the rules. I argue, as a policy matter, that addicts should be allowed to receive SSI/SSDI disability...
Persistent link: https://www.econbiz.de/10014058318
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The Welfare Effects of Asset Means-Testing Income Support
Wellschmied, Felix - 2015
This paper quantitatively determines the asset limit in income support programs which minimizes consumption volatility in a lifecycle model with incomplete markets and idiosyncratic earnings risk. An asset limit allows allocating transfers to those households with the highest utility gains from...
Persistent link: https://www.econbiz.de/10013028152
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A Behavioral Theory of Economic Welfare and Economic Justice : A Smithian Alternative to Pareto Optimality
Altman, Morris - 2010
Details a behavioral theory of economic welfare that overlaps and extends the global theoretical framework contained in … need not be an equity-efficiency trade-off in a competitive market economy to the extent that wages positively affect …. Smith, in effect, argues that one can have economic ‘justice’ and economic efficiency where the former is necessary to the …
Persistent link: https://www.econbiz.de/10014199039
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On social welfare
Aaron, Henry J. - 1980
Persistent link: https://www.econbiz.de/10000014644
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Essentials of rural welfare
1953
Persistent link: https://www.econbiz.de/10003651749
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Essentials of rural welfare
1953 - [2. print]
Persistent link: https://www.econbiz.de/10001480220