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marginal utility

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CEP discussion paper
The Marginal Utility of Income Richard Layard, Guy Mayraz and Stephen Nickell
March 2007
Paper No' CEPDP0784:
Read Abstract | Full Paper (pdf)

JEL Classification: I31; H00; D1; D61; H21

Tags: marginal utility; income; life satisfaction; happiness; public economic; welfare; inequality; optimal taxation; reference-dependent preferences