Nosy Preferences, Benevolence, and Efficiency

C-Tier
Journal: Southern Economic Journal
Year: 2012
Volume: 78
Issue: 3
Pages: 878-894

Authors (2)

Chetan Dave (University of Alberta) Stefan Dodds (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We explore the implications of “nosy” preferences—when individuals have rankings over the specific actions of others—using recent theoretical results in the behavioral economics literature. Our model jointly captures preference interdependence over utilities (benevolence) and actions (nosiness). We apply the model to two well‐known environments. The first is a classic social choice problem; the second is a model of relative consumption concerns. For the former we characterize the existence of the impossibility once the social choice problem has been modeled as a behavioral game. For the latter we characterize when the negative externality arising from relative consumption concerns can be overcome without a policy intervention.

Technical Details

RePEc Handle
repec:wly:soecon:v:78:y:2012:i:3:p:878-894
Journal Field
General
Author Count
2
Added to Database
2026-01-25