How would providing UBI impact structural poverty?

This podcast adopts a refreshing view on what Universal Basic Income means for South Africa. Joined by Kelle Howson and Zimbali Mncube from the institute for Economic Justice, ERSA’s host delves into a broader sociological view which allows the benefits of a universal basic income to be explored beyond the well-known economic constraints like affordability. […]

Can a universal basic income contribute to breaking structural poverty in South Africa?

Discussion Document 03 Much of the debate about the introduction of a universal basic income grant (UBIG) in South Africa is concerned with its feasibility and sustainability. This paper asks important questions, but they can only be understood in relation to the long-term social and economic benefits of a UBIG. In a wide-ranging review of […]

Flexibility of choice versus reduction of ambiguity


This paper explores the problem of a social planner willing to improve the welfare of individuals who are unable to compare all available alternatives. The optimal decision trades off the individuals’ desire for flexibility versus their aversion towards ambiguous choice situations. We introduce an axiom system that formalizes this idea. Our main result characterizes the […]