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Freedom of choice : John Stuart Mill and the tree of life

Alcalde-Unzu, Jorge; Ballester Oyarzun, Miguel A.; … - In: SERIEs : Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 209-226

This essay deals with the notion and content of freedom of choice proposing a new set up and a new family of measures … some ideas of John StuartMill, we propose that freedom of choice has to be understood not in a single stage of choice, but … this new framework, we propose a set of axioms that imply the following family of measures of lifetime's freedom of choice …

Persistent link: https://www.econbiz.de/10009506417

A characterization of the uniform rule without Pareto-optimality

Ehlers, Lars H. - In: SERIEs : Journal of the Spanish Economic Association 2 (2011) 4, pp. 447-452

We consider private good economies with single-peaked preferences. We show that the uniform rule is the only allocation rule satisfying omega-continuity, no-envy, and one-sided resource-monotonicity. This result strengthens a characterization of the uniform rule due to Thomson (Soc Choice Welf...

Persistent link: https://www.econbiz.de/10009505655

Asymmetric parametric division rules

Stovall, John E. - In: Games and Economic Behavior 84 (2014) C, pp. 87-110

We describe and characterize the family of asymmetric parametric division rules for the adjudication of conflicting claims on a divisible homogeneous good. As part of the characterization, we present two novel axioms which restrict how a division rule indirectly allocates between different...

Persistent link: https://www.econbiz.de/10010753432

Egalitarianism under earmark constraints

Bochet, Olivier; İlkılıç, Rahmi; Moulin, Hervé - In: Journal of Economic Theory 148 (2013) 2, pp. 535-562

Agents with single-peaked preferences share a resource coming from different suppliers; each agent is connected to only a subset of suppliers. Examples include workload balancing, sharing earmarked funds, and rationing utilities after a storm.

Persistent link: https://www.econbiz.de/10011042928

Equally-distributed equivalent utility, ex post egalitarianism and utilitarianism

Grant, Simon; Kajii, Atsushi; Polak, Ben; Safra, Zvi - In: Journal of Economic Theory 147 (2012) 4, pp. 1545-1571

We provide an axiomatization of expected equally-distributed equivalent-utility social welfare functions in the context of Harsanyiʼs impartial observer theorem. For this family of social welfare functions, we show what additional axiom is necessary and sufficient for the observer to exhibit...

Persistent link: https://www.econbiz.de/10011042954

An inequality measure for stochastic allocations

Chew, Soo Hong; Sagi, Jacob S. - In: Journal of Economic Theory 147 (2012) 4, pp. 1517-1544

Few papers in the literature on inequality measurement deal with uncertainty, particularly when the ranking of cohorts may not be fixed. We present a set of axioms implying such a class of inequality measures under uncertainty that is a one-parameter extension of the generalized Gini mean over...

Persistent link: https://www.econbiz.de/10011042965

Intergenerational egalitarianism

Piacquadio, Paolo G. - In: Journal of Economic Theory 153 (2014) C, pp. 117-127

I study the egalitarian way of distributing resources across generations. Distributional equity deeply conflicts with the Pareto principle: efficient allocations cannot guarantee that i) each generation be assigned a consumption bundle that is at least as large as an arbitrarily small fraction...

Persistent link: https://www.econbiz.de/10011042974

Coalitional manipulation on networks

Ju, Biung-Ghi - In: Journal of Economic Theory 148 (2013) 2, pp. 627-662

We study allocation rules that are robust to coalitional manipulation by transferring, merging, or splitting individual characteristics among coalition partners (e.g. merging or splitting claims in bankruptcy problems). Coalition formation is restricted by an exogenous network (a non-directed...

Persistent link: https://www.econbiz.de/10011043011

Resource egalitarianism with a dash of efficiency

Sprumont, Yves - In: Journal of Economic Theory 147 (2012) 4, pp. 1602-1613

We study the problem of defining inequality-averse social orderings over allocations of commodities when individuals have different preferences. We formulate a notion of egalitarianism based on the axiom that any dominance between consumption bundles should be reduced. This Dominance Aversion...

Persistent link: https://www.econbiz.de/10011043046

Priorities in the location of multiple public facilities

Bochet, Olivier; Gordon, Sidartha - In: Games and Economic Behavior 74 (2012) 1, pp. 52-67

A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number of public facilities to be located. We consider public facilities that do not suffer from congestion and are non-excludable. We characterize the class of rules...

Persistent link: https://www.econbiz.de/10011049862

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