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Transfer principles and relative inequality aversion a majorization approach
Oleh : a Ronny Aboudi, Dominique Thon, STIKOM Dinamika Bangsa Jambi
Dibuat : 2010-08-26, dengan 1 file
Keyword : Transfer, principles, relative, inequality, aversion,majorization ,approach
This paper characterizes two preorders over vectors, representing here income distributions,which, for the case of an order-preserving additive welfare function W5o u(x ), correspond to the increasing concave functions u which are more concave than u(x)5ln x and than u(x)521/x, respectively.We provide a characterization of those W functions that is quite distinct from the one recently provided by Fleurbaey and Michel, Mathematical Social Sciences, 2001. The two sets of results are shown to be complementary.
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Aboudi_Transfer
File : Aboudi_Transfer.pdf
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