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Elasticity of marginal utility of consumption : the equal-sacrifice approach applied for the Czech Republic

Opatrný, Matěj; Ščasný, Milan - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652850

Judging social priority and the marginal utility of income among individuals

Hammitt, James K. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015605611

New estimates of the elasticity of marginal utility of consumption for Europe

Ščasný, Milan; Opatrný, Matěj - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015672786

Income gradients in health-state dependence

De Donder, Philippe; Lefebvre, Mathieu; Leroux, Marie-Louise - 2026

This paper investigates how marginal utility varies with health status (e.g. health-state dependence) while allowing this relationship to differ across income levels. Building on the existing literature, we develop a framework that quantifies the income adjustments necessary to maintain...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015673581

Estimating the income elasticity of marginal utility : a study using South Korean household survey data

Chun, Young Jun; Lee, Jeong Hwan; Nam, Deokwoo - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015405954

Recent neoclassical contributions on the origins of inequality : a Sraffian critique

Cesaratto, Sergio - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015465992

The effect of health on the marginal utility of consumption : evidence based on household consumption expenditure

Amo-Agyei, Silas - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015462438

The Cambridge critique and professor schefold : some clarifications on the remaining disagreements

Petri, Fabio - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015627649

The Cambridge school of monetary theory : an empirical analysis for Italy

Montaruli, Francesco; Rinaldi, Roberto - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015481467

On the survival of a flawed theory of capital : mainstream economics and the Cambridge capital controversies

Nunes-Pereira, Francisco; Da Graça Moura, Mario - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014525030

What's in a u?

Alaoui, Larbi; Penta, Antonio - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015437698

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What's in a u?

Alaoui, Larbi; Penta, Antonio - 2025

Book / Working Paper

The elasticity of marginal utility of income for distributional weighting and social discounting : a meta-analysis

Acland, Daniel; Greenberg, David H. - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014436881

Using schooling decisions to estimate the elasticity of marginal utility of consumption

Bergstrom, Katy; Dodds, William - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014389108

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Using Schooling Decisions to Estimate the Elasticity of Marginal Utility of Consumption

Bergstrom, Katy; Dodds, William - 2023

Book / Working Paper

Distributional weighting and welfare/equity tradeoffs : a new approach

Acland, Daniel J.; Greenberg, David H. - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014320650

Early post-Keynesian journeys from Cambridge into development : bridges and boundaries

Saith, Ashwani - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014308802

At home versus in a nursing home : long-term care settings and marginal utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014285330

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At home versus in a nursing home : long-term care settings and marginal utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Book / Working Paper

At home versus in a nursing home : long-term care settings and marginal utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Book / Working Paper

At home versus in a nursing home : long-term care settings and marginal utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Book / Working Paper

At home versus in a nursing home : long-term care settings and marginal utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Book / Working Paper

At home versus in a nursing home : long-term care settings and marginal utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Book / Working Paper

At home versus in a nursing home : long-term care settings and marginal utility

Achou, Bertrand; De Donder, Philippe; Lee, Minjoon; … - 2023

Book / Working Paper

At Home Versus in a Nursing Home : Long-Term Care Settings and Marginal Utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Book / Working Paper

At Home Versus in a Nursing Home : Long-Term Care Settings and Marginal Utility

Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2023

Book / Working Paper

Luigi Lodovico Pasinetti

Halevi, Joseph - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014309014

A population-level approach to distributional weighting

Acland, Daniel J.; Raphael, Steven - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015462698

The Marginal Disutility from Corruption in Social Programs : Evidence from Program Administrators and Beneficiaries

Gaduh, Arya; Hanna, Rema; Olken, Benjamin A. - 2023

Concerns about fraud in welfare programs are common arguments worldwide against such programs. We conducted a survey experiment with over 28,000 welfare program administrators and over 19,000 beneficiaries in Indonesia to elicit the ‘marginal disutility from corruption,’ i.e., the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014255810

The marginal utility of income and homogeneous demand systems

Hjiertstrand, Per - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015462877

A student's perspective on the cambridge economics tripos in the mid-1970s

Earl, Peter E. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015647647

The lausanne school of economics

Pridiksha, S.; Archana, T. - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014440131

Marxism and Marginalism

Hagendorf, Klaus - 2023

This short paper presents the Marxian value theory and its contradiction. As an alternative Marginalism is introduced and it is shown that marginal cost is equal to the monetary expression of marginal labour value. Marginal labour value is proportional to the price

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014357728

Simon N. Patten's pioneering insight into the economics of work–leisure balance in the age of reduced working hours

Nishimoto, Kazumi - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015647656

Marginalism and scope in the early methodenstreit

Klooster, Jens van 't - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013270421

New estimate of the elasticity of marginal utility of consumption for Europe : implications for the social discount rate

Ščasnýa, Milan; Opatrný, Matěj - 2022

We provide the first estimate of the elasticity of marginal utility of consumption, μ, for Europe and for thirty individual European countries, using the income-tax individual-level data. Specifically, we rely on the absolute equal-sacrifice approach and CRRA utility function to elicit the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013461083

Pareto on classical political economy : 'per la verità'

McLure, Michael - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013540488

Re-reading Carl Menger's Grundsätze : another book that "cries out to be surpassed"

Kurz, Heinz D. - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013426500

Risk Aversion and Risk Seeking Preferences, which both are Fully Aware and Rational are Incompatible with Diminishing Marginal Utility for Wealth

Obrimah, Oghenovo A. - 2022

Let θ denote anterior probability of equilibrium and ((r(RS))/(r(RA))), ratio of returns to assets that strictly are preferred by risk averse (RA) or risk seeking agents (RS). There exists some range, θ⊆θ satisfying, 0θ1 in context of which each of RA and RS are parameterized by increasing...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013306665

The hand‍(s) behind Walras’ and Pareto’s invisible hand

Bridel, Pascal - 2022

Following Mittermaier's search for "the hand behind the invisible hand" and using some results of my research on the so-called Lausanne school, this article attempts to discuss the two very different invisible hands behind Walras' and Pareto's respective version of general equilibrium. Unlike...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015427380

The Effect of Health State on the Marginal Utility of Consumption : Evidence Based on Household Consumption Expenditure

Amo-Agyei, Silas - 2022

This study applies broad-based measures of household consumption expenditure and a utility proxy to estimate the effect of health state on the marginal utility of consumption using the Russia Longitudinal Monitoring Survey’s panel data covering 1994-2019. To do so, I estimate how an observed...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014241328

Pasinetti on the Cambridge Keynesians

Velupillai, Kumaraswamy - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015108070

Contradictions of the marginal utility theory of value? : identifying some logical errors

Zafirovski, Milan - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015048313

Diminishing Marginal Utility Revisited

Kimball, Miles S.; Reck, Daniel; Zhang, Fudong; Ōtake, … - 2024

How quickly does marginal utility fall with increasing consumption? It depends on the dimension along which we consider concavity of the utility function. This paper estimates the distribution of heterogeneous curvature parameters in individuals' utility functions from hypothetical choice data,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014468277

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Diminishing Marginal Utility Revisited

Kimball, Miles S. - 2015

Book / Working Paper

Lectures in Austrian Economics, Volume I : Human Action, Competition Theory, Entrepreneurship, and Price Theory

Huerta de Soto, Jesús - 2024

1. Introduction -- 2. Human Action and Entrepreneurship -- 3. The Concept of Human Action -- 4. Time, Uncertainty and Institutions -- 5. Cost, Profit and Loss -- 6. Entrepreneurship, Alertness and Knowledge -- 7. The Characteristics of Entrepreneurial Knowledge (I) -- 8. The Characteristics of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015075821

Alternative views on the link between risk aversion and diminishing marginal utility of wealt

Menzl, Vojtěch - 2021

Although the link between risk aversion and diminishing marginal utility of wealth is academically well established, theoretical discussions concerning its empirical validity remain. The presented, review-type paper aims to briefly examine theoretical roots responsible for the different views on...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012807566

The Austrian theory of the marginal use and of ordinal marginal utility

McCulloch, J. Huston - 1977

Persistent link: https://ebvufind01.dmz1.zbw.eu/10002404376

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The Austrian Theory of the Marginal Use and of Ordinal Marginal Utility

Mcculloch, J. Huston - 2021

Book / Working Paper

The Austrian Theory of the Marginal Use And of Ordinal Marginal Utility

McCulloch, J. Huston - 1977

Book / Working Paper

Defending the Cambridge tradition in economics : a comment on Saith's book

Marcuzzo, Maria Cristina - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014548281

Performance Pay and Wage Inequality

Lemieux, Thomas; MacLeod, William Bentley; Parent, Daniel - 2021

We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013316978

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Performance Pay and Wage Inequality

Lemieux, Thomas - 2007

Book / Working Paper

Performance Pay and Wage Inequality

Lemieux, Thomas - 2007

Book / Working Paper

An empirical analysis of health-dependent utility on SHARE and ELSA data

Bassoli, Elena - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014494088

Carl Menger : an unwitting revolutionary?

Kwaśnicki, Witold - 2023

The primary purpose of the considerations in this chapter is to show that there is a fundamental difference in the two styles of thinking about economic processes, namely initiated by Carl Menger (and then continued by other representatives of the Austrian school of economics) and the other two...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014331101

On the Common Claim that Happiness Equations Demonstrate Diminishing Marginal Utility of Income

Oswald, Andrew J. - 2021

It is commonly claimed in the recent happiness literature in psychology and economics that we have proved diminishing marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility function and concavity of the reporting function

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013318231

Willingness to pay for attributes of Templestay and implications on marginal utility of different meditation forms

Kim, Se-Hyuk; Mjelde, James W.; Kim, Tae-Kyung; Lee, … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014325877

On the curvature of the reporting function from objective reality to subjective feelings

Oswald, Andrew J. - 2008

Persistent link: https://ebvufind01.dmz1.zbw.eu/10003768785

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On the curvature of the reporting function from objective reality to subjective feelings

Oswald, Andrew J. - 2008

Book / Working Paper

On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings

Oswald, Andrew J. - 2021

Book / Working Paper

Intertemporal Choice and the Cross-Sectional Variance of Marginal Utility

Attanasio, Orazio P.; Jappelli, Tullio - 2021

The theory of intertemporal choice predicts that the cross-sectional variance of the marginal utility of consumption is equal to its own lag plus a constant and a random component. Using general preference specifications and some assumptions about the nature of the random component, we provide...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013224863

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Intertemporal Choice and the Cross-Sectional Variance of Marginal Utility

Attanasio, Orazio P. - 1998

Book / Working Paper

Service attribute prioritization based on the marginal utility of attribute performance

Pan, Mengqiang; Li, Nao; Law, Rob; Huang, Xiankai; … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014440006

A theory of marginal ethics

Melkevik, Åsbjørn - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014470951

Elasticity of marginal utility of consumption : the equal-sacrifice approach applied fot the Czech Republic

Opatrny, Matej; Scasny, Milan - 2021

We provide the first estimate of the elasticity of marginal utility of consumption, η, for a post-transition economy in the Central & Eastern European region, the Czech Republic, based on individual-level data. The parameter η is a crucial component of the social discount rate (SDR), which...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012432235

Cambridge economics in the Post-Keynesian era : how mainstream economics replaced Cambridge economics

Martins, Nuno - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014470952

Filipp Uikstid : netipičnyj maržinalist

Kapeljušnikov, Rostislav Isaakovič - 2021

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012622187