All Questions

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

Are there examples of Cost Benefit Analysis using diminishing marginal utility of income?

In Cost Benefit Analysis (CBA) constant Marginal Utility of Income (MUI) is usually assumed. This implies that a dollar received/earned is the same at low and high levels of income. In Social CBA, ...
0
votes
2answers
61 views

Universal Basic Income [closed]

In 2017 some countries have adopted the Universal Basic Income as an alternative to Welfare Payments, my question is, is it economically feasible by governments?
1
vote
0answers
232 views

The role of relative prices in markets on the allocation of resources and the effect on living standards [closed]

How do the role of relative prices affect how resources are allocated? And as a result, how does this effect living standards? Would it be something along the lines of how changes of relative prices ...
3
votes
2answers
207 views

Universal Basic Income - Menial Tasks

The Universal Basic Income scenario seems to be one where people are free to cultivate their passions. From what I could gather, the main argument for this to be the best case scenario goes something ...
3
votes
0answers
77 views

Transportation models in economics

How would one go about modelling the effectiveness of public transportation? More specifically how does one go about comparing two transit systems in terms of their ability to move a larger numbers of ...
0
votes
0answers
59 views

Is an unconditional basic income pleasurable idea or it cannot be achieved? [duplicate]

I would like to know if you can tell me, what are economical theories that are in support of this kind of social system if any? Can this system be efficient?
4
votes
2answers
99 views

Is the standard of living of poor & middle class people higher than in the past?

I really hope this is not opinion based. I am just looking for numbers, links, straightforward proof if possible that the lifetime we are in now, this decade, most of us are living better than in the ...
11
votes
2answers
376 views

The Case for Basic Income in developed and underdeveloped countries

From what I can tell, the idea of the basic income guarantee is very popular in some circles as an excellent alternative to a lot of modern welfare systems. Has anybody developed a theoretic or ...
11
votes
2answers
193 views

Optimality of Zero Capital Taxation

The Chamley-Judd result of zero optimal capital taxation says that 0 capital taxation are required in order to maximize welfare at the steady state. The result is 30 years old. Still assuming that ...