In this paper we focus on the implications of consumer heterogeneity for whether competition will improve outcomes in health care markets. We show that competition generally favours the majority group as higher quality for the majority is an effective way to increase the quality signal and...

This paper documents and describes the evolution of income and consumption inequality in Bolivia between 1999 and 2011. We find that income and consumption inequality measured by the Gini in- dex both dropped 22% during the period we analyze, making Bolivia the top performer in the Latin...

We show that every (random) assignment/allocation without transfers can be considered as a market outcome with personalized prices and an equal income. One can thus evaluate an assignment by investigating the prices and the induced opportunity sets. When prices are proportional across agents,...

With regard to the agri-food system, we investigate the relationship between the concepts of multifunctionality and sustainability of agriculture and the concept of corporate social responsibility (CSR). The latter provides a theoretical link between the views on agriculture’s...

In this paper the principle of gratuitousness and its relationships with other principles which motivate behaviour, such as those inspired by reciprocity, is analyzed. The basic premise is that gratuitousness is a feature acquired by an action by virtue of the intentions that inspire the action...

People who are unable to maintain the same standard of living as others around them experience a sense of relative deprivation that has been shown to reduce feelings of well-being. Relative deprivation reflects conditions of worsening relative poverty despite striking reductions in absolute...

Measures of affordability are applied in practice, e.g., to assess the affordability of energy services, water or housing. They can be interpreted as measures of deprivation in a specific domain of consumption. The large body of literature on affordability measure has little overlap with the...

There are considerable gender inequalities in the labor market in Senegal. As Senegal will try a trade opening with the European Union in the framework of the EPA, we can raise the question of whether the new equilibrium of the economy will produce either a decrease or an increase in the gender...

The success and failure of any democratic government is gauged in terms of how effectively it has fulfilled its constitutional obligation of enhancing social and economic well-being, particularly the common man. While developed economies use a set of indices to measure well-being, a systematic...

This paper examines the indirect welfare effect of removing fuel subsidy on the Malaysian households. The analysis is based on the price-shifting model developed by Coady and Newhouse (2006) and carried out using the data from the Household Expenditure Survey 2004-2005 and the input-output table...