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econ.TH2024
Using Ordinal Voting to Compare the Utilitarian Welfare of a Status Quo and A Proposed Policy: A Simple Nonparametric Analysis
Charles F. Manski
The relationship of policy choice by majority voting and by maximization of utilitarian welfare has long been discussed. I consider choice between a status quo and a proposed polic…
econ.EM2024
The Subtlety of Optimal Paternalism in a Population with Bounded Rationality
Charles F. Manski, Eytan Sheshinski
We study the subtlety of optimal paternalism when a utilitarian planner has the power to design a discrete choice set for a heterogeneous population with bounded rationality. We fi…