Results 1 to 10 of about 926,353 (265)
Toward Choice-Theoretic Foundations for Behavioral Welfare Economics [PDF]
American Economic Review, 2007 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
exaly +3 more sources
SSRN Electronic Journal, 2013 This paper presents the Paretian Watershed and the fundamental theorems of welfare economics. It distinguishes the British approach (à la Kaldor-Hicks) from the American approach (à la Bergson-Samuelson) to new welfare economics.
Baujard, Antoinette
core +5 more sources
Welfarism in Economic Domains [PDF]
Journal of Economic Theory, 2000 In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry, and solidarity. This last property requires that an increase in the willingness to pay for the public goods of some of the agents should not decrease the ...
Miguel Ginés, Francisco Marhuenda
openaire +3 more sources
Conceptions of Individual Rights and Freedom in Welfare Economics: A Re-examination [PDF]
, 2007 This paper examines the literature in welfare economics with a focus on individual rights and freedom, two important components in welfare economics. The paper discusses conceptions of rights and freedom intuitively and presents a critical examination of
Prasanta K. Pattanaik, Yongsheng Xu
core +1 more source
Economics and Politics: Perspectives on the Goals and Future of Antitrust [PDF]
, 2013 This Article examines the roles of economics and politics in U.S. antitrust from several perspectives. It explains why the modern debate over the economic welfare standard that enforcers and courts should pursue is unsatisfying.
Bigelow, Hetty +3 more
core +2 more sources
Behavioral welfare economics [PDF]
Panoeconomicus, 2009 U radu se raspravlja o nekoliko predloga za opsti normativni okvir koji bi obuhvatio nestandardne modele izbora. Vecina postojecih predloga izjednacava blagostanje sa dobrobiti. Neki pretpostavljaju da dobrobit proizilazi iz dobro definisanih ciljeva, i da ti ciljevi takodje dovode do izbora; trik je u tome da se formulise okvir u kom obrasci nepotpuno
openaire +5 more sources
THE WELFARE STATE AND ECONOMIC PERFORMANCE [PDF]
National Tax Journal, 1995 The Welfare State has come under attack from economists, particularly in Western Europe, who argue that it is responsible for poor economic performance, and that public spending should be reduced.
openaire +4 more sources
THE WELFARE ECONOMICS OF POPULATION
Oxford Economic Papers, 1996 Intuition suggests there is no value in adding people to the population if it brings no benefits to people already living: creating people is morally neutral in itself. This paper examines the difficulties of incorporating this intuition into a coherent theory of the value of population.
openaire +2 more sources
Beyond revealed preference: choice-theoretic foundations for behavioral welfare economics [PDF]
, 2008 We propose a broad generalization of standard choice-theoretic welfare economics that encompasses a wide variety of nonstandard behavioral models. Our approach exploits the coherent aspects of choice that those positive models typically attempt to ...
Bernheim, B. Douglas, Rangel, Antonio
core +2 more sources
Theoretical EconomicsWelfare 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.
Chambers, Christopher P +1 more
openaire +2 more sources