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Government agencies and other national and international institutions are asked to perform foMit dem nichtparametrischen Ansatz dieser Arbeit lässt sich überprüfen, ob Entscheidungen auf einem Wahrscheinlichkeitssimplex mit quasikonkaven Präferenzen vereinbar sind. Notwendige und...
Persistent link: https://www.econbiz.de/10008621764
tool to put the utility maximization hypothesis to the test. …
Persistent link: https://www.econbiz.de/10011563010
A nonparametric approach is presented to test whether decisions on a probability simplex could be induced by …
Persistent link: https://www.econbiz.de/10003950963
It is shown how to test revealed preference data on choices under uncertainty for consistency with first and second …
Persistent link: https://www.econbiz.de/10009580236
This paper shows how revealed preference relations, observed under general budget sets, can be extended using closure operators which impose certain assumptions on preferences. Common extensions are based on the assumption that preferences are convex and/or monotonic, but we also consider...
Persistent link: https://www.econbiz.de/10014171225
tool to put the utility maximization hypothesis to the test …
Persistent link: https://www.econbiz.de/10012979522
of justice. The axioms also allow a simple test for the validity of such an experimental approach, which is not …
Persistent link: https://www.econbiz.de/10010192945
We report the results of a combination of a dictator experiment with either a "social planner" or a "veil of ignorance" experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion paper by Becker, Häger, and Heufer (BHH,...
Persistent link: https://www.econbiz.de/10010370990
We report the results of a combination of a dictator experiment with either a “social planner” or a “veil of ignorance” experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion paper by Becker, Häger, and Heufer...
Persistent link: https://www.econbiz.de/10010192931
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of ignorance. We pair portfolio and wealth distribution choice problems which have a common budget set. For a given bundle, the distribution over an individual's wealth is the same...
Persistent link: https://www.econbiz.de/10011928322