This paper proposes a subjective well-being approach to test the equilibrium condition implicit in hedonic pricing. Contrary to the conclusions of previous studies, we show that both approaches are not complementary but, ...
In this paper, we study implementation in “economic environments”. It is shown that there is a dense subset of the set of preference profiles such that given an arbitrary social choice function, f, and e>0, there exists ...
In this paper, we study implementation in "economic environments". It is shown that there is a dense subset of the set of preference profiles such that given an arbitrary social choice function, f and e > 0, there exits ...
In recent years, economists have started using socio-economic and socio-demographic characteristics to explain self-reported individual happiness or satisfaction with life. Using data disaggregated at the individual and ...