Measuring hypotheticalgrandparents preferences for quality and relative standings
| dc.contributor.author | Daruvala, Dinky | swe |
| dc.contributor.author | Carlsson, Fredrik | swe |
| dc.contributor.author | Johansson-Stenman, Olof | swe |
| dc.contributor.department | Department of Economics | swe |
| dc.date.accessioned | 2006-12-06 | swe |
| dc.date.accessioned | 2007-02-09T11:16:31Z | |
| dc.date.available | 2007-02-09T11:16:31Z | |
| dc.date.issued | 2001 | swe |
| dc.description.abstract | 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. | swe |
| dc.format.extent | 36 pages | swe |
| dc.format.extent | 341960 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.gup.epcid | 1264 | swe |
| dc.gup.origin | Göteborg University. School of Business, Economics and Law | swe |
| dc.identifier.issn | 1403-2465 | swe |
| dc.identifier.uri | http://hdl.handle.net/2077/2871 | |
| dc.language.iso | en | swe |
| dc.relation.ispartofseries | Working Papers in Economics, nr 42 | swe |
| dc.subject | Well-being | swe |
| dc.subject | Veil of ignorance | swe |
| dc.subject | distributional considerations | swe |
| dc.subject | welfare theory | swe |
| dc.subject.svep | Economics | swe |
| dc.title | Measuring hypotheticalgrandparents preferences for quality and relative standings | swe |
| dc.type.svep | Report | swe |
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