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choice theory. The difference principle is concerned with the welfare of the members of the least advantaged segment, and …
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This chapter provides a survey of utilitarian theories of justice. We review and discuss axiomatizations of utilitarian and generalized-utilitarian social-evaluation functionals in a welfarist framework. Section 2 introduces, along with some basic definitions, social-evaluation functionals....
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theory and studies positionalist aggregation functions. Profiles of individual extended orderings over alternative social … rooted in axiomatic bargaining theory and uses cardinal individual utilities which are not required to be interpersonally …
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Let there be two individuals: "rich," and "poor." Due to inefficiency of the income redistribution policy, if a social planner were to tax the rich in order to transfer to the poor, only a fraction of the taxed income would be given to the poor. Under such inefficiency and a standard utility...
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