strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not …

-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of … deprivation. We show that the non-deprivation quasi-ordering obeys a weaker version of the principle of transfers: welfare … individuals and allocated to one arbitrary poorer individual. We identify the subclass of extended Gini social welfare functions …