Showing 61 - 70 of 149
Persistent link: https://www.econbiz.de/10010558327
The generalised Lorenz criterion is widely used for making welfare comparisons within and across countries on the basis of their income distributions. Experimental studies have challenged this way of proceeding by showing that the principle of transfers, which underlies the generalised Lorenz...
Persistent link: https://www.econbiz.de/10010572266
We show that it is possible to reconcile the utilitarian and welfarist principles under the\r\nrequirement of unanimity provided that the set of profiles over which the consensus is\r\nattained is rich enough. More precisely, we identify a closedness condition which, if satisfied\r\nby a class...
Persistent link: https://www.econbiz.de/10009322546
We show that it is possible to reconcile the utilitarian and welfarist principles under the requirement of unanimity provided that the set of profiles over which the consensus is attained is rich enough. More precisely, we identify a closedness condition which, if satisfied by a class of...
Persistent link: https://www.econbiz.de/10009325716
We provide foundations for robust normative evaluation of distributions of two attributes,\r\none of which is cardinally measurable and transferable between individuals and the other is\r\nordinal and non-transferable. The result that we establish takes the form of an analogue to the standard...
Persistent link: https://www.econbiz.de/10009364350
The generalised Lorenz criterion is widely used for making welfare comparisons within and across countries on the basis of their income distributions. Experimental studies have challenged this way of proceeding by showing that the principle of transfers, which underlies the generalised Lorenz...
Persistent link: https://www.econbiz.de/10009416906
[eng] Relative or absolute dominanœ in the sense of Lorenz an international comparison. . A distribution dominates another distribution according to the relative Lorenz criterion if its relative Lorenz curve is nowhere below the relative Lorenz curve of the either distribution. We define in a...
Persistent link: https://www.econbiz.de/10008623609
[fre] La gestion de la qualité de l'eau par les Agences de bassin. Une tentative d'évaluation empirique. . Les efforts de dépollution auxquels on assiste depuis une dizaine d'années sont-ils imputables à l'intervention des Agences de bassin et réagissent-ils bien aux modulations de...
Persistent link: https://www.econbiz.de/10008624469
We introduce a new criterion for making welfare comparisons based on the absence of deprivation. This method constitutes a natural alternative to the standard approach in normative economics, which consists in comparing the generalised Lorenz curves of the distributions. The generalised Lorenz...
Persistent link: https://www.econbiz.de/10008578584
Stochastic dominance has been typically used with a special emphasis on risk and in-equality reduction something captured by the concavity of the utility function in the expected utility model. We claim that the applicability of the stochastic dominance ap-proach goes far beyond risk and...
Persistent link: https://www.econbiz.de/10008854733