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Why Praise Inequality? Public Good Provision, Income Distribution and Social Welfare
Dasgupta, Indraneel - 2011
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10012756257
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An Adverse Social Welfare Effect of Quadruply Gainful Trade
Stark, Oded; Kosiorowski, Grzegorz - 2021
technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a … reduced. We show that a "trembling trade" can arise even when trade is more gainful in four ways: through trade the absolute …Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a …
Persistent link: https://www.econbiz.de/10013315260
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A Social-Psychological Reconstruction of Amartya Sen's Measures of Inequality and Social Welfare
Stark, Oded; Budzinski, Wiktor - 2022
The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We...
Persistent link: https://www.econbiz.de/10014084076
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Mobility, Taxation and Welfare
Bibi, Sami - 2011
Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare analysis of mobility often fails, however, to account for the cost of the variability of periodic incomes around permanent incomes. This paper assesses the net welfare benefit of...
Persistent link: https://www.econbiz.de/10013123610
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'Fair' Welfare Comparisons with Heterogeneous Tastes : Subjective Versus Revealed Preferences
Akay, Alpaslan - 2017
Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...
Persistent link: https://www.econbiz.de/10012948689
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The Asymmetry of Population Ethics : Experimental Social Choice and Dual-Process Moral Reasoning
Spears, Dean - 2019
Population ethics is widely considered to be exceptionally important and exceptionally difficult. One key source of difficulty is the conflict between certain moral intuitions and analytical results identifying requirements for rational (in the sense of complete and transitive) social choice...
Persistent link: https://www.econbiz.de/10012863817
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The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
Loughrey, Jason - 2011
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland between 1999 and 2010. This measure combines an efficiency component using a Linear Expenditure System (LES) and an equity component using the Atkinson Social Welfare Function....
Persistent link: https://www.econbiz.de/10013124494
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A Theory of Child Targeting
Bargain, Olivier - 2007
There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies,...
Persistent link: https://www.econbiz.de/10012777267
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Inequality Perceptions, Distributional Norms, and Redistributive Preferences in East and West Germany
Kuhn, Andreas - 2011
This paper studies differences in inequality perceptions, distributional norms, and redistributive preferences between East and West Germany. As expected, there are substantial differences with respect to all three of these measures. Surprisingly, however, differences in distributional norms are...
Persistent link: https://www.econbiz.de/10013128215
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Inequality, Inequity Aversion, and the Provision of Public Goods
Kölle, Felix - 2011
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...
Persistent link: https://www.econbiz.de/10013129910