Showing 1 - 10 of 555
In this paper, we characterize and empirically implement robust normative criteria for comparing societies on the basis of their allocations of risks among their members. Risks are modelled as lotteries on the set of distributions of state-contingent pecuniary consequences. Individuals are...
Persistent link: https://www.econbiz.de/10004969043
Purpose – The purpose of this paper is to provide a robust normative evaluation of the recent evolution of Indians' exposures to health-related risks. Design/methodology/approach – The paper compares empirically the distributions of individuals' risks of death in India on the basis of new...
Persistent link: https://www.econbiz.de/10004977771
This paper provides a normative appraisal of the Canadian equalization transfers system. For that sake, the two-dimensional dominance criteria introduced by Atkinson and Bourguignon(RES, 1982) are used to compare the distributions of private and public good before and after equalization...
Persistent link: https://www.econbiz.de/10005292378
This paper examines the validity of the “folk” intuition that endogenous formation of jurisdictions is likely to create stratification of households according to their wealth. More specifically, we examine a simple model of jurisdiction formation, close in spirit to that of Whestoff ([27]),...
Persistent link: https://www.econbiz.de/10005292387
This paper provides a robust normative evaluation of the spectacular growth episode that India has experienced in the last 15 years. Specifically, the paper compares the evolution, between 1998, 1996 and 2001 of the distribution of several important individual attributes on the basis of...
Persistent link: https://www.econbiz.de/10004969042
We provide an axiomatic characterization of a family of criteria for ranking completely uncertain decisions. A completely uncertain decision is described by the set of all its consequences (assumed to be finite). Each of the criterions characterized can be thought of as assigning to all...
Persistent link: https://www.econbiz.de/10004969046
This paper examines the segregative properties of endogenous processes of jurisdiction formation à la Tiebout in the presence of a central government who redistributes income across jurisdictions by maximizing a welfarist objective. Choices of location by households of local public good...
Persistent link: https://www.econbiz.de/10004969047
This paper examines the normative properties of an empirically implementable dominance criterion for comparing alternative distributions of two attributes, one of which being cardinally measurable, between an arbitrary number of individuals. The criterion, which generalizes the one proposed by...
Persistent link: https://www.econbiz.de/10005512009
We investigate the conditions under which an inequality averse and additively separable welfarist constitution maker would always choose to set up a progressive equalization payment scheme in a federation with local public goods. A progressive equalization payment scheme is defined as a list of...
Persistent link: https://www.econbiz.de/10005512022
This paper provides a comparison of 12 OECD countries on the basis of the (multidimensional) inequality in both disposable income and access to public goods. The public goods considered, measured at the regional level, are infant mortality and pupils/teacher ratios at public schools. The...
Persistent link: https://www.econbiz.de/10005512023