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Towards a conceptual framework in unitary economics : an extension of a proposition after John O'Brien

Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/79036

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Title: Towards a conceptual framework in unitary economics : an extension of a proposition after John O'Brien
Related: International journal of social economics, Vol. 32, Issue 10, p.868-876
DOI: 10.1108/03068290510618506
Publisher: Emerald Group Publishing
Date: 2005
FoR/RFCD Code(s): 149900 Other Economics
Author/Creator: Thampapillai, Dodo J
Author/Creator: Öhlmer, Bo
Author/Creator: Lim, Boon Tiong
Description: Purpose – The object of this paper is to demonstrate that the promotion of altruistic behavior can in fact be regarded as an instrument of public policy. Design/methodology/approach – This objective is achieved by adapting the standard theory of consumer behavior in microeconomics to the context of an individual who is exposed to the pursuit of altruistic and self-fulfilling egoistical goals. Findings – The conceptualization permits the distinction between types of welfare benefits that emerge from the pursuit of these different goals and demonstrate the presence of a welfare benefit transformation frontier. The framework permits the evaluation of policy instruments such as tax incentives and legislations to promote altruistic behavior. Originality/value – The paper combines concepts in behavioral economics with those in standard microeconomics to demonstrate policy measures that are usually not considered within policy circles.
Description: 9 page(s)
Subject Keyword: 149900 Other Economics
Subject Keyword: altruism
Subject Keyword: economic policy
Subject Keyword: microeconomics
Subject Keyword: social benefits
Subject Keyword: social welfare
Resource Type: journal article
Organisation: Macquarie University. Graduate School of the Environment

Identifier: http://hdl.handle.net/1959.14/79036
Identifier: ISSN:0306-8293
Identifier: mq-rm-2005001526
Language: eng
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