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Resource egalitarianism with a dash of efficiency

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  • Sprumont, Yves

Abstract

We study the problem of defining inequality-averse social orderings over allocations of commodities when individuals have different preferences. We formulate a notion of egalitarianism based on the axiom that any dominance between consumption bundles should be reduced. This Dominance Aversion requirement is compatible with Consensus, a version of the Pareto principle saying that an allocation y is better than x whenever everybody finds that everyoneʼs bundle at y is better than at x. We characterize a family of multidimensional leximin orderings satisfying Dominance Aversion and Consensus.

Suggested Citation

  • Sprumont, Yves, 2012. "Resource egalitarianism with a dash of efficiency," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1602-1613.
  • Handle: RePEc:eee:jetheo:v:147:y:2012:i:4:p:1602-1613
    DOI: 10.1016/j.jet.2010.07.009
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    Cited by:

    1. DECANCQ, Koen & FLEURBAEY, Marc & SCHOKKAERT, Erik, 2014. "Inequality, income, and well-being," CORE Discussion Papers 2014018, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Gajdos, Thibault & Weymark, John A., 2012. "Introduction to inequality and risk," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1313-1330.
    3. Marc Fleurbaey & Erik Schokkaert, 2013. "Behavioral Welfare Economics and Redistribution," American Economic Journal: Microeconomics, American Economic Association, vol. 5(3), pages 180-205, August.
    4. M. Fleurbaey., 2012. "Beyond GDP: The Quest for a Measure of Social Welfare," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
    5. FLEURBAEY, Marc & SCHOKKAERT, Erik, 2011. "Behavioral fair social choice," CORE Discussion Papers 2011043, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    6. Koen Decancq & Marc Fleurbaey & Erik Schokkaert, 2015. "Happiness, Equivalent Incomes and Respect for Individual Preferences," Economica, London School of Economics and Political Science, vol. 82, pages 1082-1106, December.
    7. Jang, Inkee, 2017. "The Pareto principle and resource egalitarianism," Mathematical Social Sciences, Elsevier, vol. 85(C), pages 23-29.
    8. Benoit Decerf & Martin Linden, 2016. "Fair social orderings with other-regarding preferences," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(3), pages 655-694, March.

    More about this item

    Keywords

    Multidimensional egalitarianism; Leximin; Efficiency;

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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