Skip to main content

All Questions

Filter by
Sorted by
Tagged with
2 votes
0 answers
15 views

What does the empirical literature tell us about the relative merits of alternative functional forms describing the marginal utility of income?

Among the various functional forms that have been used on model the marginal utility of income in, e.g., in making decisions under uncertainty, and perhaps intertemporal choice as well, is the ...
andrewH's user avatar
  • 369