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This paper analyzes the standard welfare economics assumption of anthropocentric welfarism, i.e., that only human well …
Persistent link: https://www.econbiz.de/10008788637
This paper discusses the standard welfare economics assumption anthropocentric welfarism, i.e. that only human well … anthropocentrism is strongly rejected, on average. However, most people appear to have a consequentialistic ethics, in line with … conventional welfare economics. The moral philosophical literature is also briefly reviewed, and here too anthropocentrism receives …
Persistent link: https://www.econbiz.de/10005423941
Welfare economics relies on consequentialism. Whether a public action is good or bad is then determined by the consequences for people, rather than for example by the extent to which it infringes on others’ rights. Yet, many philosophers have questioned this assumption. The present note...
Persistent link: https://www.econbiz.de/10011019102
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
The paper examines the problem of aggregating infinite utility streams with a social welfare function which respects the Anonymity and Weak Pareto Axioms. It provides a complete characterization of domains (of the one period utilities) on which such an aggregation is possible. A social welfare...
Persistent link: https://www.econbiz.de/10008649296
This paper studies the nature of social welfare orders on infinite utility streams, satisfying the efficiency principle known as Monotonicity and the consequentialist equity principle known as Strong Equity. It provides a complete characterization of domain sets for which there exists such a...
Persistent link: https://www.econbiz.de/10013088427
This paper examines the representation and explicit description of social welfare orders on infinite utility streams. It is assumed that the social welfare orders under investigation satisfy upper asymptotic Pareto and anonymity axioms. We prove that there exists no real-valued representation of...
Persistent link: https://www.econbiz.de/10012843345
This paper studies the nature (representation and construction) of social welfare orders on infinite utility streams, satisfying strong equity and anonymity. We show: 1) there does not exist a social welfare function satisfying the axioms of Anonymity, Monotonicity and Strong Equity for every...
Persistent link: https://www.econbiz.de/10012894506
This paper studies the constructive nature of social welfare orders on infinite utility streams defined on X= Y^N, satisfying the Pigou-Dalton transfer principle (PD), which are known to be representable (see Alcantud (2010) and Sakamoto (2012)).We describe the restrictions on domain Y for...
Persistent link: https://www.econbiz.de/10013005938
This paper examines the problem of aggregating infinite utility streams with a social welfare function that respects the Hammond Equity and Weak Pareto Axioms. The paper provides a complete characterization of domains (of the one period utilities) on which such an aggregation is possible. A...
Persistent link: https://www.econbiz.de/10013060100