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On the validity of utility statements: standard theory versus Duesenberry's

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  • Hollander, Heinz
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    File URL: http://www.sciencedirect.com/science/article/B6V8F-433PCH0-2/2/60321d3664f4dc94ff54aaba40157b0d
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    Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

    Volume (Year): 45 (2001)
    Issue (Month): 3 (July)
    Pages: 227-249

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    Handle: RePEc:eee:jeborg:v:45:y:2001:i:3:p:227-249

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    1. Homburg, Stefan, 2014. "The Efficiency of Unfunded Pension Schemes," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover dp-523, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    2. Layard, Richard, 1980. "Human Satisfactions and Public Policy," Economic Journal, Royal Economic Society, vol. 90(363), pages 737-50, December.
    3. Di Tella, Rafael & MacCulloch, Robert J. & Oswald, Andrew J., 2001. "The Macroeconomics of Happiness," The Warwick Economics Research Paper Series (TWERPS) 615, University of Warwick, Department of Economics.
    4. Breyer, Friedrich & Straub, Martin, 1993. "Welfare effects of unfunded pension systems when labor supply is endogenous," Journal of Public Economics, Elsevier, vol. 50(1), pages 77-91, January.
    5. Hausman, Daniel & McPherson, Michael, 1994. "Preference, Belief, and Welfare," American Economic Review, American Economic Association, vol. 84(2), pages 396-400, May.
    6. Eytan Sheshinski, 1977. "A Model of Social Security and Retirement Decisions," NBER Working Papers 0187, National Bureau of Economic Research, Inc.
    7. Hu, Sheng Cheng, 1979. "Social Security, the Supply of Labor, and Capital Accumulation," American Economic Review, American Economic Association, vol. 69(3), pages 274-83, June.
    8. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
    9. Oswald, Andrew, 1997. "Happiness and Economic Performance," The Warwick Economics Research Paper Series (TWERPS) 478, University of Warwick, Department of Economics.
    10. Kenny, Charles, 1999. "Does Growth Cause Happiness, or Does Happiness Cause Growth?," Kyklos, Wiley Blackwell, vol. 52(1), pages 3-25.
    11. Frank, Robert H, 1997. "The Frame of Reference as a Public Good," Economic Journal, Royal Economic Society, vol. 107(445), pages 1832-47, November.
    12. Otis Duncan, 1975. "Does money buy satisfaction?," Social Indicators Research, Springer, vol. 2(3), pages 267-274, December.
    13. Frank, Robert H, 1985. "The Demand for Unobservable and Other Nonpositional Goods," American Economic Review, American Economic Association, vol. 75(1), pages 101-16, March.
    14. Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-26, Sept./Oct.
    15. Kahneman, Daniel & Wakker, Peter P & Sarin, Rakesh, 1997. "Back to Bentham? Explorations of Experienced Utility," The Quarterly Journal of Economics, MIT Press, vol. 112(2), pages 375-405, May.
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