Showing 1 - 9 of 9
In a model where agents have unequal skills and heterogeneous preferences about consumption goods and leisure, this paper studies how to combine linear commodity taxes and non-linear income tax. It proposes a particular social welfare function on the basis of fairness principles. It then derives...
Persistent link: https://www.econbiz.de/10005292388
Persistent link: https://www.econbiz.de/10005292391
Axiomatic bargaining theory (e.g., Nash’s theorem) is static. We attempt to provide a dynamic justification for the theory. Suppose a Judge or Arbitrator must allocate utility in a (infinite) sequence of two-person problems; at each date, the Judge is presented with a utility possibility set...
Persistent link: https://www.econbiz.de/10008455834
This paper analyzes social situations in the context of risk. A new argument is proposed in order to defend the ex-post approach against Diamond’s (1967) famous critique of Harsanyi’s (1955) utilitarian theorem. It leads to a characterization of the criterion consisting in computing the...
Persistent link: https://www.econbiz.de/10004969050
We propose the concept of a universal social ordering, defined on the set of pairs of an allocation and a preference profile of any finite population. It is meant to unify evaluations and comparisons of social states with populations of possibly different sizes with various characteristics. The...
Persistent link: https://www.econbiz.de/10008609700
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10008676068
When well-being is one-dimensional, the key ethical issue for the definition of social welfare is the degree of inequality aversion, which can be discussed with variants of the Pigou-Dalton transfer principle. When it is measured in terms of primary goods, functionings or capabilities,...
Persistent link: https://www.econbiz.de/10005512024
We investigate the problem of how to make welfare comparisons of income distributions hen a population allocation problem (how a population should be optimally divided over families for given resources) adds to the usual income allocation problem. Pro-family and anti-family stances are...
Persistent link: https://www.econbiz.de/10005476200
We study the possibility of making social evaluations independently of individual preferences over non-consumed commodities. This is related to the well-known problem of performing international comparisons of standard of living across countries with different consumption goods. We prove...
Persistent link: https://www.econbiz.de/10005476205