Sökning: id:"swepub:oai:gup.ub.gu.se/48970" >
Measuring hypotheti...
Measuring hypothetical grandparents preferences for quality and relative standings
-
- Daruvala, Dinky, 1962 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit
-
- Carlsson, Fredrik, 1968 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit
-
- Johansson-Stenman, Olof, 1966 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit
-
(creator_code:org_t)
- Göteborg : Göteborg University, 2001
- Engelska.
-
Serie: Working Papers in Economics (online), 1403-2465 ; 42
- Relaterad länk:
-
https://gup.ub.gu.se...
Abstract
Ämnesord
Stäng
- Individuals' aversion to risk and inequality, and their concern for relative standing, are measured through experimental choices between hypothetical societies. It is found that on average individuals are both fairly inequality-averse and have a strong concern for relative income. The results are used to illustrate welfare consequences based on a utilitarian SWF and a modified CRRA utility function. It is shown that the social marginal utility of income may then become negative, even at income levels that are far from extreme.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business (hsv//eng)
Nyckelord
- Well-being
- Veil of ignorance
- distributional considerations
- welfare theory
Publikations- och innehållstyp
- vet (ämneskategori)
- rap (ämneskategori)