Results 51 to 60 of about 860,070 (283)

The Social Welfare Implications of the Zenga Index [PDF]

arXiv, 2020
We introduce the social welfare implications of the Zenga index, a recently proposed index of inequality. Our proposal is derived by following the seminal book by Son (2011) and the recent working paper by Kakwani and Son (2019). We compare the Zenga based approach with the classical one, based on the Lorenz curve and the Gini coefficient, as well as ...
arxiv  

Robust Hicksian Welfare Analysis under Individual Heterogeneity [PDF]

arXiv, 2023
Welfare effects of price changes are often estimated with cross-sections; these do not identify demand with heterogeneous consumers. We develop a theoretical method addressing this, utilizing uncompensated demand moments to construct local approximations for compensated demand moments, robust to unobserved preference heterogeneity.
arxiv  

Welfare Economics: A Story of Existence

Romanian Economic Journal, 2017
The purpose of this study is to explore that, despite severe challenges, welfare economics still exists. This descriptive study is conducted through some specific time line developments in this field. Economists are divided over the veracity and survival
Khalid Iqbal
doaj  

Through economics to Noble goals [PDF]

Bankarstvo, 2016
The winner of the 2015 Nobel Prize in Economic Sciences, Angus Deaton, is the economist most famous for his work related to health, welfare and economic development.
Pantelić Svetlana
doaj   +1 more source

Kicking You When You're Already Down: The Multipronged Impact of Austerity on Crime [PDF]

arXiv, 2020
The UK Welfare Reform Act 2012 imposed a series of deep welfare cuts, which disproportionately affected ex-ante poorer areas. In this paper, we provide the first evidence of the impact of these austerity measures on two different but complementary elements of crime -- the crime rate and the less-studied concentration of crime -- over the period 2011 ...
arxiv  

Incorporating High-Frequency Weather Data into Consumption Expenditure Predictions [PDF]

arXiv, 2022
Recent efforts have been very successful in accurately mapping welfare in datasparse regions of the world using satellite imagery and other non-traditional data sources. However, the literature to date has focused on predicting a particular class of welfare measures, asset indices, which are relatively insensitive to short term fluctuations in well ...
arxiv  

Affective interdependence and welfare [PDF]

arXiv, 2023
Purely affective interaction allows the welfare of an individual to depend on her own actions and on the profile of welfare levels of others. Under an assumption on the structure of mutual affection that we interpret as "non-explosive mutual affection," we show that equilibria of simultaneous-move affective interaction are Pareto optimal independently ...
arxiv  

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   +3 more sources

Behavioral Welfare Economics [PDF]

Journal of Benefit-Cost Analysis, 2020
AbstractA 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 policy.
openaire   +1 more source

Two Birds With One Stone: Fairness and Welfare via Transfers [PDF]

arXiv, 2021
We study the question of dividing a collection of indivisible goods amongst a set of agents. The main objective of research in the area is to achieve one of two goals: fairness or efficiency. On the fairness side, envy-freeness is the central fairness criterion in economics, but envy-free allocations typically do not exist when the goods are ...
arxiv