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A concern about low relative income, and the alignment of utilitarianism with egalitarianism AgEcon
Stark, Oded; Kobus, Martyna; Jakubek, Marcin.
A utilitarian social planner who maximizes social welfare assigns the available income to those who are most efficient in converting income into utility. However, when individuals are concerned about their income falling behind the incomes of others, the optimal income distribution under utilitarianism is equality of incomes.
Tipo: Working or Discussion Paper Palavras-chave: Utilitarianism; Income equality; Social welfare maximization; Relative income; Labor and Human Capital; H0; I0; I30; I31.
Ano: 2011 URL: http://purl.umn.edu/117257
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Is population growth conducive to the sustainability of cooperation? AgEcon
Stark, Oded; Jakubek, Marcin.
This paper asks whether population growth is conducive to the sustainability of cooperation. A simple model is developed in which farmers who live around a circular lake engage in trade with their adjacent neighbors. The payoffs from this activity are governed by a prisoner’s dilemma “rule of engagement.” Every farmer has one son when the population is not growing, or two sons when it is growing. In the former case, the son takes over the farm when his father dies. In the latter case, one son stays on his father’s farm, whereas the other son settles around another lake, along with the “other” sons of the other farmers. During his childhood, each son observes the strategies and the payoffs of his father and of the trading partners of his father, and...
Tipo: Working or Discussion Paper Palavras-chave: Population growth; Imitation; Sustainability of cooperation; Community/Rural/Urban Development; Farm Management; Institutional and Behavioral Economics; Land Economics/Use; Production Economics; Productivity Analysis; C72; D01; D83; J19; J62; R12; R23.
Ano: 2011 URL: http://purl.umn.edu/109965
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The merger of populations, the incidence of marriages, and aggregate unhappiness AgEcon
Stark, Oded; Rendl, Franz; Jakubek, Marcin.
Let a society’s unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when apart; merger alone increases unhappiness. But when societies F and M merge and marriages are formed such that the number of households in the merged society is equal to the number of individuals in one of the constituent societies, unhappiness in the merged society is shown to be lower than the aggregate unhappiness in the two constituent societies when apart. This result obtains regardless of which individuals from one society form households with which individuals...
Tipo: Working or Discussion Paper Palavras-chave: Merger of populations; Integration of societies; Unhappiness; Marriages; Relative deprivation; Institutional and Behavioral Economics; D0; D10; D31; D63.
Ano: 2011 URL: http://purl.umn.edu/109968
Registros recuperados: 3
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