Bounded Sequential Dominance Criteria
AbstractIn the spirit of Fleurbaey et al. (2001), it is tempting to introduce more reasonable lower and upper bounds in Atkinson and Bourguigon’s (1987) sequential generalized Lorenz dominance procedure. Unfortunately, our proposal leads, at best, to an average household income criterion, which is unsuited to make heterogeneous welfare comparisons. We therefore restrict attention to imposing either lower or upper bounds, resulting in two new sequential dominance criteria.
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Bibliographic InfoPaper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën in its series Center for Economic Studies - Discussion papers with number ces0405.
Date of creation: Mar 2004
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-04-12 (All new papers)
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