منابع مشابه
From consumer choice to consumer welfare.
for patients with families. An adve cate for one person is morally d e barred fiom making decisions when more than one have legitimate interests at stake. We must, then, move beyond the ethics of the dyad or even the contemporary triad. Instead, we must learn to think in terms of family justice. Fairness to all concerned will be a major factor in determining both who should decide and also what...
متن کاملHow behavioral decision research can enhance consumer welfare: From freedom of choice to paternalistic intervention
Decision-making researchers have largely focused on showing errors and biases in consumers' decision-making processes without paying much attention to the social welfare and policy implications of these systematic behaviors. In this paper, we explore how findings and methods in behavioral decision research can be used to help consumers improve their decision making and enhance their well-being....
متن کاملFoundations of Stated Preference Elicitation Consumer Choice Behavior, Measurement of Consumer Welfare, and Choice-based Conjoint Analysis
This paper re-examines the discrete choice methods and stated preference elicitation procedures that are commonly used in choice-based conjoint analysis. The aim is to clarify their domains of applicability and provide reliable techniques for data collection and analysis. CONTENTS Topic Page Preface 2 1 Choice Behavior and Consumer Welfare 2 1.1 Utility 5 1.2 Choice Probabilities 8 1.3 Consumer...
متن کاملTechnological Advances, Consumer Transaction Costs, and Consumer Welfare
Consumers incur many transaction costs in purchasing and using most products. This paper examines the effects of a reduction in such consumer transaction costs caused by market-level technological advances. Using a model in which consumers are simultaneously heterogenous in their transaction costs and in their marginal valuation of product quality, we highlight two mechanisms that can cause suc...
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ژورنال
عنوان ژورنال: The Hastings Center Report
سال: 1995
ISSN: 0093-0334
DOI: 10.2307/3527855