Welfare economics

Eliciting Choice Correspondences - A General Methodology 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 appear inconsistent due to behavioral biases, there is a theoretical debate about whether or not it is necessary to impose the structure of a model in order to provide meaningful welfare guidance based on such choices. To address this …