Results 41 to 50 of about 860,070 (283)

Modelling in happiness economics [PDF]

open access: yesComputational Methods in Social Sciences, 2014
In modern times, in the context of an increasingly quantitative approach to economics, welfare has been related mostly to an economic actor’s income. With increasing complexity in social and economic life, studies moving beyond the income approach to ...
Raluca I. IORGULESCU
doaj  

Economics and Politics: Perspectives on the Goals and Future of Antitrust [PDF]

open access: yes, 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

Revisiting the History of Welfare Economics [PDF]

open access: yesSSRN Electronic Journal, 2020
Our forthcoming book, Welfare Theory, Public Action and Ethical Values challenges the belief that, until modern welfare economics introduced issues such as justice, freedom and equality, economists adopted what Amartya Sen called "welfarism." This is the belief that the welfare of society depends solely on the ordinal utilities of the individuals ...
GATE Working Paper Series   +3 more
openaire   +4 more sources

"Near" Weighted Utilitarian Characterizations of Pareto Optima [PDF]

open access: yesarXiv, 2020
We characterize Pareto optimality via "near" weighted utilitarian welfare maximization. One characterization sequentially maximizes utilitarian welfare functions using a finite sequence of nonnegative and eventually positive welfare weights. The other maximizes a utilitarian welfare function with a certain class of positive hyperreal weights.
arxiv  

Identifying the Distribution of Welfare from Discrete Choice [PDF]

open access: yesarXiv, 2023
Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect unobserved preference heterogeneity. We develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these drawbacks.
arxiv  

Defining the public domain in economic terms: Approaches and consequences for policy

open access: yesEtikk i Praksis: Nordic Journal of Applied Ethics, 2016
Stimulating innovation and growth in the so-called ‘creative economy’ is a current policy objective for national regulators. One policy lever traditionally applied to the creative sector is intellectual property, in particular the scope and term of ...
Kristofer Erickson
doaj   +1 more source

Economic incentives for capacity reductions on interconnectors in the day-ahead market [PDF]

open access: yesarXiv, 2022
We consider a zonal international power market and investigate potential economic incentives for short-term reductions of transmission capacities on existing interconnectors by the responsible transmission system operators (TSOs). We show that if a TSO aims to maximize domestic total welfare, it often has an incentive to reduce the capacity on the ...
arxiv  

A defense of Austrian welfare economics

open access: yesZagadnienia Filozoficzne w Nauce
Murray N. Rothbard’s Toward a Reconstruction of Utility and Welfare Economics is the defining contribution outlining the Austrian school’s approach to welfare theory.
Tate Fegley, Karl-Friedrich Israel
doaj   +1 more source

The Pathological Paradigm of Neuroeconomics

open access: yesŒconomia, 2011
This paper focuses mainly on the neuroeconomics of reward-processing behaviors, which is also known as “neurocellular economics” (Ross, 2008). It aims to demonstrate that neuroeconomists are implicitly influenced by medical concerns.
Nicolas Vallois
doaj   +1 more source

Behavioral economics and the ‘new’ paternalism1

open access: yesRussian Journal of Economics, 2015
The paper provides a critical appraisal of the normative program of behavioral economics known as ‘new paternalism’. First, it explores the theoretical foundations of behavioral economics, describes major behavioral anomalies associated with bounded ...
Rostislav Kapeliushnikov
doaj   +1 more source

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