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A bitter choice turned sweet : how acknowledging individuals' concern at having a low relative income serves to align utilitarianism and egalitarianism

Stark, Oded; Jakubek, Marcin; Kobus, Martyna - 2015

When individuals' utility is a convex combination of their income and their concern at having a low relative income (the weights attached to income and to the concern at having a low relative income sum up to one), the maximization of aggregate utility yields an equal income distribution. This...

Persistent link: https://www.econbiz.de/10011281236

Measuring inequality and welfare when some inequalities matter more than others

Fleurbaey, Marc; Moramarco, Domenico; Peragine, Vitorocco - 2024

Persistent link: https://www.econbiz.de/10015084686

Is there a policy of optimal wage and income differentiation? : A macroeconomic perspective

Sell, Friedrich L. - 2000

der Grenzproduktivitäten kommt. Auf makroökonomischer Ebene läßt sich eine optimale Schiefe der Einkommensverteilung …

Persistent link: https://www.econbiz.de/10001473937

Is there a policy of optimal wage and income differentiation? : a macroeconomic perspective

Sell, Friedrich L. - 2000

der Grenzproduktivitäten kommt. Auf makroökonomischer Ebene läßt sich eine optimale Schiefe der Einkommensverteilung …

Persistent link: https://www.econbiz.de/10010508245

Optimal inequality behind the veil of ignorance

Liang, Che-yuan - 2013

under risk and arrives at utilitarianism using expected utility theory. This paper investigates the implications of applying … prospect theory instead, which better describes behavior under risk. I find that the specific type of inequality in bottom … optimal inequality result contrasts the implications of other social welfare criteria. -- veil of ignorance ; prospect theory …

Persistent link: https://www.econbiz.de/10009739534

Inequality aversion, self-interest and oneness : a Ugandan lab-in-the-field experiment

Robson, Matthew - 2017

Persistent link: https://www.econbiz.de/10011759766

Issues of convergence of alternative measures of well-being : a cross-country analysis

Babu, Swati Sinha - In: International journal of green economics : IJGE 18 (2024) 2, pp. 127-158

Persistent link: https://www.econbiz.de/10015064538

Growth of income and welfare in the U.S. 1979-2011

Komlos, John - 2016

We estimate growth rates of real incomes in the U.S. by quintiles using the Congressional Budget Office’s (CBO) post-tax, post-transfer data as basis for the period 1979-2011. We improve upon them by including only the present value of earnings that will accrue in retirement and excluding...

Persistent link: https://www.econbiz.de/10011458031

Should income inequality be praised? : multiple public goods provision, income distribution and social welfare

Itaya, Jun-ichi; Mizushima, Atsue - 2016

We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that...

Persistent link: https://www.econbiz.de/10011568762

Tax-benefit revealed social preferences

Bourguignon, François (contributor); … - 2008

This paper inverts the usual logic of applied optimal income taxation. It starts from the observed distribution of income before and after redistribution and corresponding marginal tax rates. Under a set of simplifying assumptions, it is then possible to recover the social welfare function that...

Persistent link: https://www.econbiz.de/10003766243