2 papers
econ.TH2025
Ranking Policies Under Loss Aversion and Inequality Aversion
Martyna Kobus, Radosław Kurek, Thomas Parker
Strong empirical evidence from laboratory experiments, and more recently from population surveys, shows that individuals, when evaluating their situations, pay attention to whether…
econ.EM2020
Loss aversion and the welfare ranking of policy interventions
Sergio Firpo, Antonio F. Galvao, Martyna Kobus +2
This paper develops theoretical criteria and econometric methods to rank policy interventions in terms of welfare when individuals are loss-averse. Our new criterion for "loss aver…