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Euclidean individual preference and continuous social preference
European Journal of Political Economy, 1993Abstract Assume a finite society, a standard space of allocations of public goods, and an open and connected domain of profiles of Euclidean individual preferences. (There is an additional technical restriction on the domain.) If a social welfare function f satisfies Arrow's independence axiom and generates social preferences that are continuous ...
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Preferred risk habitat of individual investors☆
Journal of Financial Economics, 2008Abstract The preferred risk habitat hypothesis, introduced here, is that individual investors select stocks whose volatilities are commensurate with their risk aversion. The data, 1995–2000 holdings of over 20,000 clients at a large German broker, are consistent with the predictions of the hypothesis: the returns of stocks within each portfolio have ...
Dorn, Daniel, Huberman, Gur
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Measurement of Individual Preferences
Medical Decision Making, 1982Women in two Ontario cities were asked to express their preferences about a medical decision: A fictitious patient with cancer was to be treated either conservatively without hope of cure, or radically, by a risky treatment having cure or immediate death as possible outcomes.
A, Ciampi, M, Silberfeld, J E, Till
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Individual Preferences for Truth-Telling
This Version: December ...Schudy, Simeon +2 more
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Aggregation and Individual Preferences
1984The problems to be discussed in this chapter are less, tangible than those of the preceding chapters. Production is measurable and although the total output of an economy exists of a large variety of goods it is common practice to speak of the increase of the volume of production. Hence, in aggregating production functions one can attach some empirical
J. Van Daal, A. H. Q. M. Merkies
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Exploration of Individual Differences in Preferences for Humor
Psychological Reports, 1974Liking scores for hostile, sexual, and nontendentious cartoons were correlated with personality factor scores of 20 female and 19 male college students. Sexual cartoons were liked more by males, especially by those tending to be tough or group-dependent, than by females, especially by those with higher general intelligence. Nonsense cartoons were liked
R L, Terry, S L, Ertel
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Individual preferences and the market
Economics of Planning, 1966It is well known that the basic theorem of welfare economics (Every competitive equilibrium is a Pareto-optimum; and every Pareto-optimum is a competitive equilibrium) has been refuted by counterexamples on the production side (eg. external effects and increasing returns to scale), or as it is usually put, suffers from "exceptions". The purpose of this
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Individual Differences in Preference for Environmental Sounds
Perceptual and Motor Skills, 199325 typical environmental sounds were presented to 936 Japanese high school students in a written questionnaire to measure their preferences for these sounds. Sex-related, personality-related, and regional differences among preferences were observed for kind of sound.
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Individual Preference Intransitivity
Southern Economic Journal, 1968as an attempt to maximize something.1 The first rationality assumption will be treated as a truism, and this study will examine the second assumption: "Transitivity of Preference Orderings." Since this psychological assumption, which is basic to economic theory, is rejected by most psychologists, there is reason for the economist to show concern. Since
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Individual differences in preference for shared leadership
2023Link archiwalny https://depotuw.ceon.pl/handle/item ...
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