A Concern About Low Relative Income, and the Alignment of Utilitarianism with Egalitarianism

A utilitarian social planner who maximizes social welfare assigns the available income to those who are most efficient in converting income into utility. However, when individuals are concerned about their income falling behind the incomes of others, the optimal income distribution under utilitarianism is equality of incomes

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Year of publication:	2011
Authors:	Stark, Oded
Other Persons:	Kobus, Martyna (contributor) ; Jakubek, Marcin (contributor)
Publisher:	[2011]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (14 p)
Series:	ZEF- Discussion Papers on Development Policy ; No. 156
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: ZEF- Discussion Papers on Development Policy No. 156 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 28, 2011 erstellt
Classification:	H0 - Public Economics. General ; I0 - Health, Education, and Welfare. General ; I30 - Welfare and Poverty. General ; I31 - General Welfare; Basic Needs; Quality of Life
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013119062