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Welfarism in specific economic domain

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Author Info

  • Miguel Ginés Vilar

    ()
    (Universitat Jaume I)

  • Francisco Marhuenda Hurtado

    (Universidad Carlos III de Madrid)

Abstract

In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry and solidarity. This last property requires that an improvement in the ability to exploit the public goods of some of the agents not decrease the welfare of any of them.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1998-06.pdf
File Function: Fisrt version / Primera version, 1998
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Bibliographic Info

Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 1998-06.

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Length: 16 pages
Date of creation: Apr 1998
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:1998-06

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Keywords: Public goods; welfare egalitarian;

References

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  1. Sprumont, Yves, 1996. "Axiomatizing Ordinal Welfare Egalitarianism When Preferences May Vary," Journal of Economic Theory, Elsevier, vol. 68(1), pages 77-110, January.
  2. Myerson, Roger B, 1977. "Two-Person Bargaining Problems and Comparable Utility," Econometrica, Econometric Society, vol. 45(7), pages 1631-37, October.
  3. Moulin, Herve & Thomson, William, 1988. "Can everyone benefit from growth? : Two difficulties," Journal of Mathematical Economics, Elsevier, vol. 17(4), pages 339-345, September.
  4. Ehud Kalai & Dov Samet, 1983. "Monotonic Solutions to General Cooperative Games," Discussion Papers 567, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  5. William Thomson, 2007. "Fair Allocation Rules," RCER Working Papers 539, University of Rochester - Center for Economic Research (RCER).
  6. Fleurbaey, Marc & Maniquet, Francois, 1996. "Fair allocation with unequal production skills: The No Envy approach to compensation," Mathematical Social Sciences, Elsevier, vol. 32(1), pages 71-93, August.
  7. Keiding, Hans & Moulin, Herve, 1991. "The solidarity axiom in parametric surplus-sharing problems," Journal of Mathematical Economics, Elsevier, vol. 20(3), pages 249-270.
  8. Elisha A. Pazner & David Schmeidler, 1975. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," Discussion Papers 174, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  9. Kalai, Ehud, 1977. "Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons," Econometrica, Econometric Society, vol. 45(7), pages 1623-30, October.
  10. Roemer, John E., 1988. "Axiomatic bargaining theory on economic environments," Journal of Economic Theory, Elsevier, vol. 45(1), pages 1-31, June.
  11. Moulin, Herve & Roemer, John, 1989. "Public Ownership of the External World and Private Ownership of Self," Journal of Political Economy, University of Chicago Press, vol. 97(2), pages 347-67, April.
  12. Roemer, John E, 1986. "Equality of Resources Implies Equality of Welfare," The Quarterly Journal of Economics, MIT Press, vol. 101(4), pages 751-84, November.
  13. Sprumont, Yves & Zhou, Lin, 1999. "Pazner-Schmeidler rules in large societies," Journal of Mathematical Economics, Elsevier, vol. 31(3), pages 321-339, April.
  14. Thomson, William, 1983. "Problems of fair division and the Egalitarian solution," Journal of Economic Theory, Elsevier, vol. 31(2), pages 211-226, December.
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