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The Principle of Strong Kiminishing Transfer.

Chateauneuf, A.; Gajdos, T.; Wilthien, P.-H. - Centre de recherche de mathématiques et économie … - 1999

In a seminal paper, Kolm [14] introduces the principle diminishing transfer. This principle requires that a transfert from an individual with income x to one with income x - D(D 0) has a greater impact on social welfare the lower x is. On the other hand Mehran [15] and Kakwani [11] introduced...

Persistent link: https://www.econbiz.de/10005630730

Evaluations of infinite utility streams: Pareto-efficient and egalitarian axiomatics

Alcantud, José Carlos R.; García-Sanz, María D. - Volkswirtschaftliche Fakultät, … - 2010

problem, that concerns social welfare functions. Firstly we examine efficiency and strengthened forms of Hammond Equity for …, 2006) and Alcantud and Garcia- Sanz (Economics Letters, 2010). Secondly, we analyze the possibility of combining Pareto-efficiency … and the spirit of the Hammond Equity principle for both specfications of the feasible utilities. Here the case study is …

Persistent link: https://www.econbiz.de/10008561158

The Social Value of Mortality Risk Reduction: VSL vs. the Social Welfare Function Approach

Adler, Matthew; Hammitt, James; Treich, Nicolas - Laboratoire d'Économie des Ressources Naturelles … - 2012

) preference for risk equity, and v) catastrophe aversion. We show that the particular manner in which VSL ranks risk …

Persistent link: https://www.econbiz.de/10010905655

Equity and Aggregation in Environmental Valuation

Ahlheim, Michael; Lehr, Ulrike - Institut für Volkswirtschaftslehre, Fakultät … - 2008

equity is that for the computation of the social benefits not individual but household WTPs are aggregated. In this paper we …

Persistent link: https://www.econbiz.de/10005090435

Efficiency and Equity: Is There a Trade-off?

Correia, Isabel - C.E.P.R. Discussion Papers - 1995

when we can separate the effect on efficiency from the effect on distribution, that is when Gorman aggregation applies, the …

Persistent link: https://www.econbiz.de/10005504425

Optimal Control of Externalities in the Presence of Income Taxation

Kaplow, Louis - Suntory and Toyota International Centres for Economics … - 2010

A substantial literature examines second-best environmental policy, focusing particularly on how the Pigouvian directive that marginal taxes should equal marginal external harms needs to be modified in light of the preexisting distortion due to labor income taxation. Additional literature is...

Persistent link: https://www.econbiz.de/10008838683

The social value of mortality risk reduction: VSL versus the social welfare function approach

Adler, Matthew D.; Hammitt, James K.; Treich, Nicolas - In: Journal of Health Economics 35 (2014) C, pp. 82-93

risk equity, and catastrophe aversion. We show that the particular manner in which VSL ranks risk-reduction measures is not …

Persistent link: https://www.econbiz.de/10011051311

The Social Value of Mortality Risk Reduction: VSL vs. the Social Welfare Function Approach

Adler, Matthew; Hammitt, James; Treich, Nicolas - Institut d'Économie Industrielle (IDEI), Toulouse … - 2012

) preference for risk equity, and v) catastrophe aversion. We show that the particular manner in which VSL ranks risk …

Persistent link: https://www.econbiz.de/10011103487

The Social Value of Mortality Risk Reduction: VSL vs. the Social Welfare Function Approach

Adler, Matthew; Hammitt, James; Treich, Nicolas - Toulouse School of Economics (TSE) - 2012

) preference for risk equity, and v) catastrophe aversion. We show that the particular manner in which VSL ranks risk …

Persistent link: https://www.econbiz.de/10011160757

Policy Evaluation, welfare weights and value judgements: a Reminder

Creedy, John - In: Australian Journal of Labour Economics (AJLE) 10 (2007) 1, pp. 1-15

This paper is concerned with the use of social welfare functions in evaluating changes. In particular, it considers suggestions that welfare weights to be used in comparing the gains and losses of different individuals (or other appropriate units of analysis), and a social time preference rate...

Persistent link: https://www.econbiz.de/10008565317