Chapter

Towards a Theory of Self-Segregation as a Response to Relative Deprivation: Steady-State Outcomes and Social Welfare

Oded Stark and You Qiang Wang

in Economics and Happiness

Published in print December 2005 | ISBN: 9780199286287
Published online February 2006 | e-ISBN: 9780191603006 | DOI: http://dx.doi.org/10.1093/0199286280.003.0010
 						Towards a Theory of Self-Segregation as a Response to Relative Deprivation: Steady-State Outcomes and Social Welfare

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This chapter discuss a theoretical case of self-segregation when a distaste for deprivation is prominent. The analysis suggests a new operational measure for social welfare, and paves the way to interesting experimental cases.

Keywords: well-being; welfare; eudaimonia; rationality

Chapter.  9357 words.  Illustrated.

Subjects: Economics

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