This paper presents a very general linear production model which nevertheless shows an extremely regular behaviour. We can ensure the solvability of the associated equilibrium systems for quantities and prices and the nonsubstitution property, allowing for joint production and non-square...

This paper provides an axiomatization of a cardinal welfare measure for the evaluation of income and opportunity. Following Roemer's (1998) formulation of equality of opportunity, we divide the society in n effort groups consisting of subsets of agents who exert a comparable degree of effort. We...