onr:"swepub:oai:gup.ub.gu.se/48970"
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- Daruvala, Dinky,1962Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit (author)
Measuring hypothetical grandparents preferences for quality and relative standings
- BookEnglish2001
Publisher, publication year, extent ...
- Göteborg :Göteborg University,2001
Numbers
- LIBRIS-ID:oai:gup.ub.gu.se/48970
- 2077/2871hdl
- https://gup.ub.gu.se/publication/48970URI
Supplementary language notes
- Language:English
Part of subdatabase
- SwePubSwePub
Classification
Series
- Working Papers in Economics (online),1403-2465 ;42
Notes
- 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.
Subject headings and genre
- SAMHÄLLSVETENSKAP Ekonomi och näringsliv hsv//swe
- SOCIAL SCIENCES Economics and Business hsv//eng
- Well-being
- Veil of ignorance
- distributional considerations
- welfare theory
Added entries (persons, corporate bodies, meetings, titles ...)
- Carlsson, Fredrik,1968Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit(Swepub:gu)xcarfr (author)
- Johansson-Stenman, Olof,1966Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit(Swepub:gu)xjohol (author)
- Göteborgs universitetInstitutionen för nationalekonomi med statistik, Enheten för miljöekonomi (creator_code:org_t)
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