Showing 1 - 10 of 16,363
associate efficiency, fairness, and the intrinsic quality of social relations. …
Persistent link: https://www.econbiz.de/10014023677
welfare in human decision making. At the same time, models of inequality averse agents fail to explain the experimental data … of individuals who reduce their payoff below a fair split in order to maximize social welfare. This paper presents a … fairness if welfare is thereby gained. It also establishes a unique link between altruism and interest in social welfare in the …
Persistent link: https://www.econbiz.de/10010573083
indebtedness (retro-gifts). Normative opinions about societies, and in particular about justice, imply and require altruism and …
Persistent link: https://www.econbiz.de/10014023682
considerations to explain the development or sustainability of these transfers. Such is the implicit ambition of efficiency theories … of the Welfare State. However, while these theories may be suited for explaining the development of public insurance or … explained by pure efficiency motives, but less than what would be predicted under the extended insurance hypothesis. One …
Persistent link: https://www.econbiz.de/10014023654
main idea is that any method of ascribing welfare to an individual as a function of choice is subjective, and depends on … an individual welfare functional as a mapping from stochastic choice functions into weak orders. A stochastic choice … may also be incorporated into the model). We require that for any two alternatives x and y, if our individual welfare …
Persistent link: https://www.econbiz.de/10011043036
implications of various philosophical theories of justice for the way in which a welfare economist might appraise a particular … when discussing distributive justice. Here however we have distinguished notions of justice which are essentially … health opportunity set), from theories which require the social welfare function (or maximand) to have particular properties …
Persistent link: https://www.econbiz.de/10014024170
We survey the literatures on the economic consequences of the structure of social networks. We develop a taxonomy of 'macro' and 'micro' characteristics of social inter-action networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011165640
We examine how participation in a microfinance program diffuses through social networks. We collected detailed demographic and social network data in 43 villages in South India before microfinance was introduced in those villages and then tracked eventual participation. We exploit exogenous...
Persistent link: https://www.econbiz.de/10011084550
This paper presents an experimental investigation of persuasion bias, a form of bounded rationality whereby agents communicating through a social network are unable to account for repetitions in the information they receive. We find that, after repeated communication within a social network,...
Persistent link: https://www.econbiz.de/10010597476
We provide an overview and synthesis of the literature on how social networks influence behaviors, with a focus on diffusion. We discuss some highlights from the empirical literature on the impact of networks on behaviors and diffusion. We also discuss some of the more prominent models of...
Persistent link: https://www.econbiz.de/10014025689