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strict transfer principle. In addition, infinite horizon extensions of leximin and of utilitarianism are characterized by …
Persistent link: https://www.econbiz.de/10005353409
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10004984797
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10005042807
strict transfer principle. In addition, infinitehorizon extensions of leximin and of utilitarianism are characterized by …
Persistent link: https://www.econbiz.de/10005729634
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10004984712
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
We impose a horizontal equity restriction on the problem of finding the optimal utilitarian tax mix. The horizontal equity constraint requires that individuals with the same ability have to pay the same amount of taxes regardless of their preferences for leisure. Contrary to normal findings, we...
Persistent link: https://www.econbiz.de/10011508057
how a novel criterion, Strongly Anonymous Utilitarianism, can be characterized by combining Strong Anonymity with other …
Persistent link: https://www.econbiz.de/10012817908
Utilitarianism is the most prominent family of social welfare functions. We present three new axiomatic ….'s (1998) Expected Critical-Level Generalized Utilitarianism (ECLGU) is equivalent to a new axiom holding that it is better to … novel characterizations extend classic axiomatizations of utilitarianism from settings with either social risk or variable …
Persistent link: https://www.econbiz.de/10012583668
A long-standing challenge for welfare economics is to develop welfare criteria that can be applied to allocations with different population levels. Such a criterion is essential to resolve the optimal population problem, i.e., the tradeoff between population size and the welfare of each person...
Persistent link: https://www.econbiz.de/10012493350