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How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...
Persistent link: https://www.econbiz.de/10010366144
axiomatizations of strong dictatorship in the Arrovian framework and classical utilitarianism in the generalized framework. …
Persistent link: https://www.econbiz.de/10015135361
Persistent link: https://www.econbiz.de/10011734090
We propose a set of axioms for the measurement of school-based segregation withany number of ethnic groups. These axioms are motivated by two criteria. The first isevenness: how much do ethnic groups’ distributions across schools differ? The secondis representativeness: how different are...
Persistent link: https://www.econbiz.de/10009360828
This paper derives a basic formula for the measure of social welfare, a second order approximation to the difference of the value of the Bergson-Samuelson social welfare function between the socially optimal resource allocation and the one in the present suboptimal economy. We discuss pros and...
Persistent link: https://www.econbiz.de/10010332307
Combined with the expansion of economic literature on the role of ethnicity, new indices were developed to do justice to its complexity. The current indices are generally based on pre-defined groups, disregarding the (dis)similarities between them. This is sufficient to calculate the most common...
Persistent link: https://www.econbiz.de/10010332683
This paper provides an axiomatic characterization of two rules for comparing alternative sets of objects on the basis of the diversity that they offer. The framework considered assumes a finite universe of objects and an a priori given ordinal quadernary relation that compares alternative pairs...
Persistent link: https://www.econbiz.de/10011324919
Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but that they take the underlying sources of income differences into account. In contrast to this evidence, current measures of inequality do not adequately reflect these normative...
Persistent link: https://www.econbiz.de/10012290363
Equality of opportunity is a principle of justice that is built on two fundamental ideas. On the one hand, outcome differences across individuals are unacceptable if they are rooted in factors that are beyond individual control. Examples of such circumstance characteristics are the biological...
Persistent link: https://www.econbiz.de/10012484753
This paper provides an axiomatic characterization of two rules for comparing alternative sets of objects on the basis of the diversity that they offer. The framework considered assumes a finite universe of objects and an a priori given ordinal quadernary relation that compares alternative pairs...
Persistent link: https://www.econbiz.de/10005423263