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Can altruism lead to a willingness to take risks?
Stark, Oded - 2023
study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a … averse than a comparable person who is not altruistic: altruism is a cause of greater willingness to take risks. The finding …
Persistent link: https://www.econbiz.de/10014423411
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Towards a theory of self-segregation as a response to relative deprivation : steady-state outcomes and social welfare
Stark, Oded; Wang, You-qiang - In: Economics and happiness : framing the analysis, (pp. 222-242). 2005
Persistent link: https://www.econbiz.de/10003281046
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A concern about low relative income, and the alignment of utilitarianism with egalitarianism
Stark, Oded; Kobus, Martyna; Jakubek, Marcin - 2011
A utilitarian social planner who maximizes social welfare assigns the available income to those who are most efficient in converting income into utility. However, when individuals are concerned about their income falling behind the incomes of others, the optimal income distribution under...
Persistent link: https://www.econbiz.de/10009355518
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A bitter choice turned sweet : how acknowledging individuals' concern at having a low relative income serves to align utilitarianism and egalitarianism
Stark, Oded; Jakubek, Marcin; Kobus, Martyna - 2015
When individuals' utility is a convex combination of their income and their concern at having a low relative income (the weights attached to income and to the concern at having a low relative income sum up to one), the maximization of aggregate utility yields an equal income distribution. This...
Persistent link: https://www.econbiz.de/10011281236
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A bitter choice turned sweet : how acknowledging individuals' concern at having a low relative income serves to align utilitarianism and egalitarianism
Stark, Oded; Jakubek, Marcin; Kobus, Martyna - In: Journal of evolutionary economics : JEE 25 (2015) 3, pp. 541-557
Persistent link: https://www.econbiz.de/10011374109
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Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare
Stark, Oded; Jakubek, Marcin; Falniowski, Fryderyk - 2014
Under a deadweight loss of tax and transfer, there is tension between the optimal policy choices of a Rawlsian social planner and a utilitarian social planner. However, when with a weight greater than a certain critical value the individuals' utility functions incorporate distaste for low...
Persistent link: https://www.econbiz.de/10010233538
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Can a concern for status reconcile diverse social welfare programs?
Stark, Oded; Jakubek, Marcin - 2016
Let there be two individuals: "rich," and "poor." Due to inefficiency of the income redistribution policy, if a social planner were to tax the rich in order to transfer to the poor, only a fraction of the taxed income would be given to the poor. Under such inefficiency and a standard utility...
Persistent link: https://www.econbiz.de/10011542159
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A bitter choice turned sweet : how acknowledging individuals’ concern at having a low relative income serves to align utilitarianism and egalitarianism
Stark, Oded; Jakubek, Marcin; Kobus, Martyna - 2015
When individuals’ utility is a convex combination of their income and their concern at having a low relative income (the weights attached to income and to the concern at having a low relative income sum up to one), the maximization of aggregate utility yields an equal income distribution. This...
Persistent link: https://www.econbiz.de/10010490143
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Reconciling the Rawlsian and the utilitarian approaches to the maximization of social welfare
Stark, Oded; Jakubek, Marcin; Falniowski, Fryderyk - In: Economics letters 122 (2014) 3, pp. 439-444
Persistent link: https://www.econbiz.de/10010395615
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Towards a theory of self-segregation as a response to relative deprivation : steady-state outcames and social welfare
Stark, Oded (contributor); Wang, You-qiang (contributor) - 2004
We model group formation as a response to relative deprivation. We employ two measures of relative deprivation. We show that in the case of each of these measures the process of deprivation-induced self-selection into groups reaches a steady state, and that the steady-state distribution differs...
Persistent link: https://www.econbiz.de/10002538671