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Behavioral welfare economics [PDF]
U radu se raspravlja o nekoliko predloga za opšti normativni okvir koji bi obuhvatio nestandardne modele izbora. Većina postojećih predloga izjednačava blagostanje sa dobrobiti.
Bernheim Douglas B.
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Toward Choice-Theoretic Foundations for Behavioral Welfare Economics [PDF]
Interest in behavioral economics has grown in recent years, stimulated largely by accumulating evidence that the standard model of consumer decision making provides an inadequate, positive description of human behavior. Behavioral models are increasingly
B. Douglas Bernheim, Antonio Rangel
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Values in Welfare Economics [PDF]
This chapter focuses on the inner rationale and consequences of four different archetypal positions regarding how ethical and political values are tackled in welfare economics. Welfare economics is standardly associated with the welfarist framework, for which social welfare is based on individual utility only.
Antoinette Baujard
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Behavioral Welfare Economics [PDF]
A growing body of normative work explores whether and how deference to people’s choices might be reconciled with behavioral findings about human error. This work has strong implications for economic analysis of law, cost–benefit analysis, and regulatory ...
C. Sunstein
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Mark Blaug on the normativity of welfare economics
This article examines Mark Blaug's position on the normative character of Paretian welfare economics in general, and also specifically with respect to his debate with Pieter Hennipman over this question during the 1990s.
D. Wade Hands
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People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs [PDF]
Most countries exhibit large and persistent geographical differences in wages, income, and unemployment rates. A growing class of place-based policies attempts to address these differences through public investments and subsidies that target ...
Patrick Kline, Enrico Moretti
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The Welfare Economics of Adaptive Preferences [PDF]
In this paper I demonstrate that a reasonable welfare theoretic concept of progress can be made consistent with the assumption of endogenously changing preferences as long as these preference changes correspond to the pattern of adaptive preferences. The main theorem of the paper shows that under certain additional conditions adaptive preferences imply
Carl Christian von Weizsäcker
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Private Property Rights, Government Interventionism and Welfare Economics [PDF]
We develop a critique of government interventionism based on the Misesian calculation argument against socialism. If private property rights and relative prices based on supply and demand are necessary for successful economic coordination, then ...
Jankovic Ivan, Block Walter
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Directly Valuing Animal Welfare in (Environmental) Economics
Research in economics is anthropocentric. It only cares about the welfare of humans, and usually does not concern itself with animals. When it does, animals are treated as resources, biodiversity, or food.
Alexis Carlier, Nicolas Treich
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Welfare economics relies on access to agents' utility functions: we revisit classical questions in welfare economics, assuming access to data on agents' past choices instead of their utilities. Our main result considers the existence of utilities that render a given allocation Pareto optimal.
Christopher P. Chambers +1 more
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