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Fair optimal tax with endogenous productivities

Fleurbaey M.; Valletta G. - Graduate School of Business and Economics (GSBE), … - 2013

What is a good incentive-compatible policy when one wants to respect individual choices of labor and human capital but eliminate inequalities due to unequal access to human capital and different returns to human capital, and when earnings and human capital expenditures are the only verifiable...

Persistent link: https://www.econbiz.de/10010856555

A re-characterization of the Kemeny distance

Storcken A.J.A.; Can B. - Graduate School of Business and Economics (GSBE), … - 2013

The well-known swap distance (Kemeny (1959); Kendall (1938); Hamming (1950)) is analyzed. On weak preferences, this function was characterized by Kemeny (1959) with five conditions; metric, betweenness, neutrality, reducibility, and normalization. We show that the same result can be achieved...

Persistent link: https://www.econbiz.de/10010734888

Rank-discounting as a resolution to a dilemma in population ethics

Asheim, Geir B.; Zuber, Stéphane - 2018

When evaluating well-being distributions in an anonymous (and replication invariant) manner, one faces a dilemma between (i) assigning dictatorship to a single worst-off person, thus succumbing to a tyranny of non-aggregation and (ii) assigning dictatorship to (unboundedly) many better-off...

Persistent link: https://www.econbiz.de/10011941310

"Fair" welfare comparisons with heterogeneous tastes : subjective versus revealed preferences

Akay, Alpaslan; Bargain, Olivier; Jara, H. Xavier - 2017

Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...

Persistent link: https://www.econbiz.de/10011709621

'Fair' Welfare Comparisons with Heterogeneous Tastes : Subjective Versus Revealed Preferences

Akay, Alpaslan - 2017

Persistent link: https://www.econbiz.de/10012948689

Chapter 24 Selfishness, altruism and normative principles in the economic analysis of social transfers

Blanchet, Didier; Fleurbaey, Marc - In: Handbook of the economics of giving, altruism and …, (pp. 1465-1503). 2006

considerations to explain the development or sustainability of these transfers. Such is the implicit ambition of efficiency theories … explained by pure efficiency motives, but less than what would be predicted under the extended insurance hypothesis. One …

Persistent link: https://www.econbiz.de/10014023654

Chapter 11 Utilitarianism and the theory of justice

Blackorby, Charles; Bossert, Walter; Donaldson, David - In: Handbook of social choice and welfare : volume 1, (pp. 543-596). 2002

known axiomatizations and, in addition, prove a new characterization result that uses an axiom we call incremental equity …

Persistent link: https://www.econbiz.de/10014023832

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

Adler, Matthew D.; Hammitt, James K.; Treich, Nicolas - 2014

) 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/10014170939

Conducting cost benefit analysis in expected utility units using revealed social preferences

Canning, David - 2023

Assuming individual preferences satisfy the Von Neumann-Morgenstern axioms for expected utility we show how we can measure an individual's expected utility of any state using their willingness to accept a gamble over two reference points. The utility function captures the diminishing marginal...

Persistent link: https://www.econbiz.de/10013490730

Voting for compromises: Alternative voting methods in polarized societies

Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2021

methods (Approval Voting and Borda Count) reduce the support for egoistic options and favor equity and efficiency, avoiding … extreme outcomes. Those methods differ in whether they favor equity or efficiency when the latter benefits a majority. Our …'s lives and contribute to social instability. Even if political compromises based on social conventions as equity or economic …

Persistent link: https://www.econbiz.de/10012631630