Peichl, Andreas (contributor); Schaefer, Thilo (contributor) - 2008
affluence or richness, we give a short review of the sparse
literature and on desirable properties.
3.1 Review of the literature … Harsanyi (1977). A risk averse decision maker with diminishing
marginal utility in income (the standard assumption in economic ….1 GSOEP
The German Socio-Economic Panel (GSOEP) is a representative panel study of private house-
holds in Germany since 1984 …