{"id":2260,"date":"2019-10-16T18:42:28","date_gmt":"2019-10-16T22:42:28","guid":{"rendered":"https:\/\/www.bu.edu\/eci\/?page_id=2260"},"modified":"2019-11-21T01:02:51","modified_gmt":"2019-11-21T06:02:51","slug":"recipients10","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/eci\/about-us\/leontief-prize\/recipients10\/","title":{"rendered":"2010 Leontief Prize"},"content":{"rendered":"

2010 Leontief Prize<\/span>
\nAwarded to Bina Agarwal and Daniel Kahneman<\/span><\/strong><\/p>\n

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Agarwal presented a lecture on the potential for the world to feed itself in a sustainable manner.\u00a0 She presented data on the continued importance of agriculture in developing countries, noting that about 60% of the labor force in Africa and Asia is involved in agricultural production.\u00a0 The typical farmer in developing countries is poor, small-scale, and increasingly female.\u00a0 Agarwal mentioned that the negative consequences of climate change on agricultural production will be particularly severe in South Asia and Sub-Saharan Africa, resulting in declines in per capita caloric intake over the coming decades.<\/span><\/p>\n

Agarwal\u2019s proposed solutions to this crisis focus on the need for cooperation.\u00a0 Within developing countries she advocates infrastructure investment, soil and water conservation, and a group approach to farming and investment that targets small-scale female farmers<\/span>. At the international level she supports regional buffer stocks, food aid, funding for infrastructure and agricultural research, and the elimination of distortionary subsidies for biofuels.\u00a0<\/span><\/p>\n

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Kahneman presented new research from Gallup polls on the relationship between subjective well-being and GDP levels across countries. \u00a0Most previous research has found that a positive relationship between subjective well-being and GDP per capita is evident only up to a certain income level; and beyond that level further increases in GDP produce no gains in average well-being levels.\u00a0 But the new data show a strong and continuous positive relationship between average well-being and the logarithm of income.<\/span><\/p>\n

But Kahneman noted that this relationship pertains only to the \u201cevaluating\u201d self, as opposed to the \u201cexperiencing\u201d self.\u00a0 While the evaluating self judges one\u2019s welfare relative to others, the experiencing self considers one\u2019s emotional state during the current moment.\u00a0 The Gallup polls also collect data on emotional well-being and analysis has found that emotional well-being is positively correlated to income, but only up to a certain level of income – $70,000 household income in the United States.\u00a0 Kahneman concluded that the most effective way to think about the topic is that we shouldn\u2019t focus on increasing well-being, but on decreasing misery, which will lead to a different set of policy prescriptions.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

2010 Leontief Prize Awarded to Bina Agarwal and Daniel Kahneman Agarwal presented a lecture on the potential for the world to feed itself in a sustainable manner.\u00a0 She presented data on the continued importance of agriculture in developing countries, noting that about 60% of the labor force in Africa and Asia is involved in agricultural […]<\/p>\n","protected":false},"author":16351,"featured_media":0,"parent":2059,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/pages\/2260"}],"collection":[{"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/users\/16351"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/comments?post=2260"}],"version-history":[{"count":3,"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/pages\/2260\/revisions"}],"predecessor-version":[{"id":3242,"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/pages\/2260\/revisions\/3242"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/pages\/2059"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/eci\/wp-json\/wp\/v2\/media?parent=2260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}