Journal ArticleDOI
Interdependent welfare functions and optimal income distribution
Reads0
Chats0
TLDR
In this paper, the relationship between income distribution and social welfare is empirically analyzed, while explicitly allowing for the interdependence of individual welfare functions, and it is found that under certain conditions (such as absence of effects of income redistribution on productivity) an equal distribution of incomes is suboptimal.About:
This article is published in Journal of Public Economics.The article was published on 1980-12-01. It has received 70 citations till now. The article focuses on the topics: Social welfare function & Redistribution of income and wealth.read more
Citations
More filters
Journal ArticleDOI
Satisfaction and comparison income
Andrew E. Clark,Andrew J. Oswald +1 more
TL;DR: In this paper, the authors tried to test the hypothesis that utility depends on income relative to a "comparison" or reference level using data on 5,000 British workers and found that workers' reported satisfaction levels are inversely related to their comparison wage rates.
Journal ArticleDOI
Income and well-being: an empirical analysis of the comparison income effect
TL;DR: In this paper, an empirical analysis of the importance of comparison income for individual well-being or happiness is presented, where the authors use a self-reported measure of satisfaction with life as a measure of individual wellbeing.
Journal ArticleDOI
Job satisfaction and gender: Why are women so happy at work?
TL;DR: For example, this paper found that women's jobs are worse than men's, yet women report higher levels of job satisfaction than do men, while men's expectations are lower than women's.
Journal ArticleDOI
The Frame of Reference as a Public Good
TL;DR: For example, this article found that people with relatively greater electrical activity in the left prefrontal region of the brain are likely to indicate strong agreement with statements like the ones above, while those with relatively higher electrical activity on the right prefrontal region are much more likely to disagree with these statements.
Journal ArticleDOI
Comparison-concave utility and following behaviour in social and economic settings
Andrew E. Clark,Andrew J. Oswald +1 more
TL;DR: In this article, the authors describe a theory of rational emulation and deviance, which assumes that individuals care about relative position (or ''status'), and constructs a model of decision-making in social and economic settings.
References
More filters
Journal ArticleDOI
On the Measurement of Inequality
TL;DR: In this paper, the problem of comparing two frequency distributions f(u) of an attribute y which for convenience I shall refer to as income is defined as a risk in the theory of decision-making under uncertainty.
Journal ArticleDOI
An Exploration in the Theory of Optimum Income Taxation
TL;DR: In this paper, the authors make the following simplifying assumptions: (1) Intertemporal problems are ignored; (2) the tax system that would bring about that result would completely discourage unpleasant work; and (3) what such a tax schedule would look like; and what degree of inequality would remain once it was established.
Book
Collective Choice and Social Welfare
TL;DR: The second edition of Collective Choice and Social Welfare as discussed by the authors was published in 1970 and has been widely used in the social choice literature since its early 1970s, and is considered a classic work in social choice.
Book
On Economic Inequality
Amartya Sen,James E. Foster +1 more
TL;DR: In this paper, Amartya Sen relates the theory of welfare economics to the study of economic inequality and presents a systematic treatment of the conceptual framework as well as the practical problems of measurement of inequality.