Welfare economics

Eliciting Choice Correspondences - A General Method and an Experimental Implementation

I introduce a general method for identifying _choice correspondences_ experimentally, i.e., the _sets_ of best alternatives of decision makers in each choice sets. Most of the revealed preference literature assumes that decision makers can choose …

Predictive Power in Behavioral Welfare Economics

When choices are inconsistent due to behavioral biases, there is a theoretical debate about whether it is necessary to impose the structure of a model in order to provide precise welfare guidance based on those choices. To address this question …