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Unnested Aversion to s-th Degree Inequality

Author

Listed:
  • Marc Dubois

    (GREDI Université de Sherbrooke)

Abstract

The paper characterizes the necessary and sufficient condition under which additively separable social welfare functions are averse to s-th degree inequality. For s>1, the result states that aversion to (s+1)-th degree inequality is neither a weaker nor a stronger attitude than aversion to s-th degree inequality, hence it is not an extension of the Pigou-Dalton condition. This statement makes room to several attitudes to inequality such as aversion to upside inequality and elitism, among others.

Suggested Citation

  • Marc Dubois, 2019. "Unnested Aversion to s-th Degree Inequality," Economics Bulletin, AccessEcon, vol. 39(4), pages 2374-2380.
    • Handle: RePEc:ebl:ecbull:eb-18-00948
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2019/Volume39/EB-19-V39-I4-P220.pdf
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    References listed on IDEAS

    as
    1. Gayant, Jean-Pascal & Le Pape, Nicolas, 2017. "Increasing Nth degree inequality," Journal of Mathematical Economics, Elsevier, vol. 70(C), pages 185-189.
    2. Fleurbaey, Marc & Michel, Philippe, 2001. "Transfer principles and inequality aversion, with an application to optimal growth," Mathematical Social Sciences, Elsevier, vol. 42(1), pages 1-11, July.
    3. Marc Dubois, 2016. "A note on the normative content of the Atkinson inequality aversion parameter," Post-Print hal-01837118, HAL.
    4. W. Chiu, 2007. "Intersecting Lorenz Curves, the Degree of Downside Inequality Aversion, and Tax Reforms," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 28(3), pages 375-399, April.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D3 - Microeconomics - - Distribution

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