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Public policies that intervene or restrict consumer choices for the benefit of the society are often controversial. For instance, the compliance rate of COVID-19 pandemic social distancing rules varied dramatically across cities and states, and these policies even backfired among some consumers...
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In past decades, significant work in behavioural economics has decisively revealed the limitations of the human agency model known as Homo Economicus, whereby humans are purely driven by material self-interest.1 These behavioural findings are, however, far from integrated in mainstream economic...
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Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness …
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findings of selected fairness models which include social preferences change when equity aversionʺ is integrated into the … conclusions concerning economic policy in different areas. -- economic welfare ; inequity aversion ; fairness concepts … sich die Eigenschaften, Zielfunktionen und Ergebnisse von ausgewählten Fairness-Modellen mit sozialen Präferenzen bei …
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situations. A laboratory experiment shows that the notion successfully predicts people's responsibility perceptions. Furthermore …
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In a model where individuals differ in both their health care needs and their lifestyle preferences, we examine the … fair provision of health care when those who regret their initial decisions are granted a fresh start. By considering that … the scheme of taxes and health treatments that maximises social preferences. These preferences allow the planner to make …
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significantly improve their results and help increase the efficacy of health policy. This is important to reduce the economic burden … of ill health. …
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