haku: @indexterm welfare economics / yhteensä: 236
viite: 7 / 236
| Tekijä: | Bernheim, B.D. |
| Otsikko: | Behavioral welfare economics |
| Lehti: | Journal of the European Economic Association
2009 : APR-MAY, VOL. 7:2-3, p. 267-319 |
| Asiasana: | welfare economics behavioural science decision making |
| Vapaa asiasana: | choice |
| Kieli: | eng |
| Tiivistelmä: | This article discusses several competing proposals for general normative frameworks that would encompass non-standard models of choice. Majority of the existing proposals equate welfare with well-being. Some assume that well-being flows from the achievement of well-defined objectives and that those objectives also guide choices. Others argue that well-being, and hence welfare, is directly measurable. An alternative approach defines welfare directly in terms of choice. This approach entails a generalized welfare criterion that respects choice directly, without requiring any rationalization involving potentially unverifiable assumptions concerning underlying objectives and their relationship to choice. |
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