English, Article edition: Towards a conceptual framework in unitary economics: An extension of a proposition after John O'Brien Dodo J. Thampapillai; Bo Öhlmer; Boon Tiong Lim

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Bookmark: http://trove.nla.gov.au/version/29527
Physical Description
  • article
Language
  • English

Edition details

Title
  • Towards a conceptual framework in unitary economics: An extension of a proposition after John O'Brien
Author
  • Dodo J. Thampapillai
  • Bo Öhlmer
  • Boon Tiong Lim
Physical Description
  • article
Notes
  • 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.
  • Altruism, Economic policy, Microeconomics, Social benefits, Social welfare
  • RePEc:eme:ijsepp:v:32:y:2005:i:10:p:868-876
Language
  • English
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