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Revealed desirability: a novel instrument for social welfare
The note puts forward the idea of revealed desirability, a novel instrument, which like revealed preference is observable from choice and important for individual and social welfare. We provide the axiomatic underlying individual’s choice model, preliminary experimental results that support the idea...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Springer US
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8782716/ https://www.ncbi.nlm.nih.gov/pubmed/35095121 http://dx.doi.org/10.1007/s11238-021-09855-8 |
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author | Barokas, Guy |
author_facet | Barokas, Guy |
author_sort | Barokas, Guy |
collection | PubMed |
description | The note puts forward the idea of revealed desirability, a novel instrument, which like revealed preference is observable from choice and important for individual and social welfare. We provide the axiomatic underlying individual’s choice model, preliminary experimental results that support the idea, and an appealing allocation rule that uses the revealed desirability information along with the revealed-preference information. SUPPLEMENTARY INFORMATION: The online version supplementary material available at 10.1007/s11238-021-09855-8. |
format | Online Article Text |
id | pubmed-8782716 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Springer US |
record_format | MEDLINE/PubMed |
spelling | pubmed-87827162022-01-24 Revealed desirability: a novel instrument for social welfare Barokas, Guy Theory Decis Article The note puts forward the idea of revealed desirability, a novel instrument, which like revealed preference is observable from choice and important for individual and social welfare. We provide the axiomatic underlying individual’s choice model, preliminary experimental results that support the idea, and an appealing allocation rule that uses the revealed desirability information along with the revealed-preference information. SUPPLEMENTARY INFORMATION: The online version supplementary material available at 10.1007/s11238-021-09855-8. Springer US 2022-01-22 2022 /pmc/articles/PMC8782716/ /pubmed/35095121 http://dx.doi.org/10.1007/s11238-021-09855-8 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Article Barokas, Guy Revealed desirability: a novel instrument for social welfare |
title | Revealed desirability: a novel instrument for social welfare |
title_full | Revealed desirability: a novel instrument for social welfare |
title_fullStr | Revealed desirability: a novel instrument for social welfare |
title_full_unstemmed | Revealed desirability: a novel instrument for social welfare |
title_short | Revealed desirability: a novel instrument for social welfare |
title_sort | revealed desirability: a novel instrument for social welfare |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8782716/ https://www.ncbi.nlm.nih.gov/pubmed/35095121 http://dx.doi.org/10.1007/s11238-021-09855-8 |
work_keys_str_mv | AT barokasguy revealeddesirabilityanovelinstrumentforsocialwelfare |