Showing 1 - 6 of 6
We investigate intertemporal dominance conditions for comparisons of finite unidimensional streams of outcomes in discrete time. We follow Ekern's [1981, Time dominance efficiency analysis. Journal of Finance, 36, pp.1023-1034] approach based on unanimous net present value comparisons for...
Persistent link: https://www.econbiz.de/10011096616
Recently there has been a growing interest in the empirical association between income inequality and social mobility. Little is known on the normative nexus between both notions, however. In this paper, we axiomatically characterize a family of multiperiod social evaluation functions that...
Persistent link: https://www.econbiz.de/10011096617
We introduce an axiomatic framework to analyze the perception of inequality across distributions with different total income. The main result is the characterization of a new two parameters generalized version of the inequality equivalence criterion (IEC), the Flexible IEC (FIE). This criterion...
Persistent link: https://www.econbiz.de/10011096618
The analysis of many social phenomena requires to compare distributions of outcomes achieved by individuals belonging to different social groups, defined for instance by their gender, ethnicity, birthplace, education, age or parental background. When the groups are similarly distributed across...
Persistent link: https://www.econbiz.de/10011106136
We consider the problem of measuring social exclusion using qualitative data. We suggest a class of social exclusion indicators deriving the partial orderings associated with dominace for these indicators. We characterize the set of transformations on the distribution of individual deprivation...
Persistent link: https://www.econbiz.de/10008474170
We discuss and compare the variable population axioms of Critical Level (CL) and Population Replication Invariance (PRI) introduced in the economic and philosophical literature for evaluating distributions with different population size. We provide a common framework for analyzing these...
Persistent link: https://www.econbiz.de/10008497409