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Empirical comparison of the shape of welfare functions


  • Van Herwaarden, Floor G.
  • Kapteyn, Arie


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  • Van Herwaarden, Floor G. & Kapteyn, Arie, 1979. "Empirical comparison of the shape of welfare functions," Economics Letters, Elsevier, vol. 3(1), pages 71-76.
  • Handle: RePEc:eee:ecolet:v:3:y:1979:i:1:p:71-76

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    References listed on IDEAS

    1. Bryant, John & Wallace, Neil, 1980. "Open-Market Operations in a Model of Regulated, Insured Intermediaries," Journal of Political Economy, University of Chicago Press, vol. 88(1), pages 146-173, February.
    2. Bryant, John, 1978. "Relative prices and inventory investment," Journal of Monetary Economics, Elsevier, vol. 4(1), pages 85-102, January.
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    Cited by:

    1. Verme, Paolo, 2013. "The relative income and relative deprivation hypotheses : a review of the empirical literature," Policy Research Working Paper Series 6606, The World Bank.
    2. Seidl, Christian & Traub, Stefan & Morone, Andrea, 2003. "Relative Deprivation, Personal Income Satisfaction, and Average Well-Being under Different Income Distributions," Economics Working Papers 2003-05, Christian-Albrechts-University of Kiel, Department of Economics.
    3. Montmarquette, Claude & Blais, Andre, 1987. "A survey measure of risk aversion," Economics Letters, Elsevier, vol. 25(1), pages 27-30.
    4. John K. Dagsvik & Steinar Strøm & Zhiyang Jia, 2003. "A Stochastic Model for the Utility of Income," Discussion Papers 358, Statistics Norway, Research Department.
    5. Dagsvik, John K. & Strom, Steinar & Jia, Zhiyang, 2006. "Utility of income as a random function: Behavioral characterization and empirical evidence," Mathematical Social Sciences, Elsevier, vol. 51(1), pages 23-57, January.
    6. Oskam, Arie J., 1988. "Decision Based Economic Theory," Staff Papers 14075, University of Minnesota, Department of Applied Economics.
    7. Wim Groot & Henriëtte Maassen van den Brink & Erik Plug, 2004. "Money for health: the equivalent variation of cardiovascular diseases," Health Economics, John Wiley & Sons, Ltd., vol. 13(9), pages 859-872.
    8. John K. Dagsvik, 2012. "Making Sen's capability approach operational. A random scale framework," Discussion Papers 710, Statistics Norway, Research Department.
    9. Groot, Wim & Maassen van den Brink, Henriette & Plug, Erik, 2002. "Money for Health: The Compensating Variation of Cardiovascular Diseases," IZA Discussion Papers 653, Institute for the Study of Labor (IZA).

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