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Essentiality and Convexity in the Ranking of Opportunity Sets
Ryan, Matthew - 2016
This paper studies the essential elements (Puppe, 1996) associated with binary relations over opportunity sets. We restrict attention to binary relations which are re?flexive and transitive (pre-orders) and which further satisfy a monotonicity and desirability condition. These are called...
Persistent link: https://www.econbiz.de/10012624262
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Choice Freedom and Redistribution Policies
Screpanti, Ernesto - 2003
measure of freedom is proposed which is apt to interpersonal comparisons of opportunity sets. Individual choice freedom may … that progressive taxation redistributes freedom in favour of the poor, all the more so when public revenues are used to … finance the public provision of goods, in which case overall freedom may result enlarged …
Persistent link: https://www.econbiz.de/10014076166
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Freedom and Voting Power
Sher, Itai - 2020
measure is not based on pivotality, but rather on a measure of freedom of choice in individual decisions. Indeed, I use the …
Persistent link: https://www.econbiz.de/10014112437
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Uniform, equal division, and other envy-free rules between the two
Sakai, Toyotaka; Wakayama, Takuma - 2008
This paper studies the problem of fairly allocating an amount of a divisible resource when preferences are single-peaked. We characterize the class of envy-free and peak-only rules and show that the class forms a complete lattice with respect to a dominance relation. We also pin down the...
Persistent link: https://www.econbiz.de/10003819958
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Characterization of Pareto dominance
Voorneveld, Mark (contributor) - 2002 - [Elektronische Ressource], Version: January 10, 2002
The Pareto dominance relation is shown to be the unique nontrivial partial order on the set of finite-dimensional real vectors satisfying a number of intuitive properties. -- Pareto dominance ; characterization
Persistent link: https://www.econbiz.de/10001638188
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On the Possibility of Continuous, Paretian and Egalitarian Evaluation of Infinite Utility Streams
Hara, Chiaki - 2007
There exists a utilitarian tradition a la Sidgwick of treating equal generations equally in the form of anonymity. Diamond showed that no social evaluation ordering over infinite utility streams satisfying the Pareto principle, Sidgwick's equity principle, and the axiom of continuity exists. We...
Persistent link: https://www.econbiz.de/10012730363
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Evaluating climate policies by the Pareto principle : efficiency when future identities are unobservable
Asheim, Geir B.; Kamaga, Kohei; Zuber, Stéphane - 2022
Climate change is an externality since those who emit greenhouse gases do not pay the long-term negative consequences of their emissions. In view of the resulting inefficiency, it has been claimed that climate policies can be evaluated by the Pareto principle. However, climate policies lead to...
Persistent link: https://www.econbiz.de/10012817856
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Maximal Manipulation of Envy-Free Solutions in Economies with Indivisible Goods and Money
Fujinaka, Yuji - 2015
We consider the problem of the fair allocation of indivisible goods and money with non-quasi-linear preferences. The purpose of the present study is to examine strategic manipulation under envy-free solutions. We show that under a certain domain-richness condition, each individual obtains the...
Persistent link: https://www.econbiz.de/10013026709
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Balancing supply and demand under bilateral constraints
Bochet, Olivier; Ilkilic, Rahmi; Moulin, Hervé; … - In: Theoretical economics : TE ; an open access journal in … 7 (2012) 3, pp. 395-423
In a moneyless market, a non storable, non transferable homogeneous commodity is reallocated between agents with single-peaked preferences. Agents are either suppliers or demanders. Transfers between a supplier and a demander are feasible only if they are linked, and the links form an arbitrary...
Persistent link: https://www.econbiz.de/10011689320
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Autonomy, Welfare, and the Pareto Principle
Farber, Daniel A. - 2014
The Pareto principle has great intuitive appeal, but poses perplexities on closer examination. What exactly do we mean by “preferences”? Should the principle apply ex post or ex ante? Does it uphold individual autonomy, individual welfare, or both? This essay argues that the Pareto principle...
Persistent link: https://www.econbiz.de/10014148870