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7by Häyry, Matti“…Kass, who defend a particular normative view as the only rational or moral answer, Matti Häyry argues that many coherent rationalities and moralities exist in the field, and that to claim otherwise is mistaken."…”
Published 2010
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9“…A rational outcome of the job matching process implies a positive tradeoff between future wages and risk-on-the-job. …”
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11by Luebker, Malte“…"Based on the standard axiom of individual utility maximization, rational choice has postulated that higher income inequality translates into greater redistribution by shaping the median voter’s preferences. …”
Published 2012
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13by Dosi, Giovanni, Napoletano, Mauro, Roventini, Andrea, Stiglitz, Joseph E., Treibich, Tania“…Our results suggest that fast and frugal robust heuristics are not a second-best option: rather they are “rational” in macroeconomic environments with heterogeneous, interacting agents and changing “fundamentals”."…”
Published 2017
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14by Wrohlich, Katharina“…This is particularly important for countries such as Germany, where subsidized child care is rationed and private child care is only available at considerably higher cost. …”
Published 2011
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15“…Thus, the practical productivity implications of mine closures over the rationalization boom are negligible and still overrated in the relevant literature. …”
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17“…In the rational expectation version of the model gains are quicker but more short-lived than in a learning environment. …”
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18“…A minimum wage is an appropriate instrument for redistribution if and only if the public revenue gains from additional skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient labor rationing. We show that this critically depends on how labor rationing is distributed among workers. …”
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19by WWWforEurope, Rengs, Bernhard, Scholz-Wäckerle, Manuel, Gazheli, Ardjan, Antal, Miklós, van den Bergh, Jeroen C.J.M.“…"Climate policy has been mainly studied with economic models that assume representative, rational agents. However, it aims at changing behavior associated with carbon-intensive goods that are often subject to bounded rationality and social preferences, such as status and imitation. …”
Published 2015
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20“…With expected worker surplus-maximization and sufficiently efficient rationing, a minimum wage should always be set."…”
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